But I feel that this round of ETH does not have any technical breakthroughs. The logic for the rise is very simple:

1. BTC is strong, continuously hitting new highs

2. The core circle is strong, creating SBET and similar ETH micro-strategies in the US stock market, continuously buying ETH

3. The Ethereum Foundation is reforming, no longer dumping the ETH it holds, but instead going OTC to reduce selling pressure.

Increased buying and reduced selling, so the price rises.