According to CoinMeta, CryptoMichNL indicates that Ethereum’s accumulation period is the longest among all crypto assets, having lasted for over five years without reaching a new high yet. He pointed out that despite this, due to institutional adoption, the growth of the ecosystem is accelerating, leading to a significant increase in the risks and potential impacts faced by Ethereum. He believes that the market may have underestimated Ethereum’s upside potential in this cycle, and if it breaks through the accumulation range, the price could reach $15,000, $20,000, or even $25,000.