Today is January 7, 2025. Since it is a bull market, my update frequency will also increase accordingly. Let me mention an interesting aside: from the beginning of 2024 until the publication of this article, I traveled 7 times. Among those trips, Bitcoin experienced a surge 6 times, not only during the travels but even when I simply went out shopping or having fun in the city, it also surged. Just this weekend, after two days of fun, Bitcoin has once again broken through $100,000. It's hard to say it's not Bitcoin reminding me to balance work and rest. That said, putting aside mystical theories, Bitcoin's surge today is a natural occurrence, as I estimated in my article published half a month ago that there would be a surge on January 7. Now reflecting on it, the drop at the end of 2024 was due to the hawkish statements from the Federal Reserve during the interest rate cuts, combined with the Christmas and New Year holidays, plus the annual leave of people in Europe and America. The holidays drained liquidity from the market, and as of the publication, it was just the first Monday of 2025 when the US stock market opened, and everyone welcomed the new year again, with funds flowing back into the stock and cryptocurrency markets. As of the publication, the Nasdaq has once again surpassed 20,000, the S&P has returned to 6,000, Bitcoin stands at $100,000, and NVIDIA has reached its previous high of 150, which can be said to be a new year with new atmosphere. Now, let's talk about Ethereum (ETH). This year, ETH is likely to complete the Prague upgrade in March. Prague is the name of a city, and every time Ethereum upgrades, it is named after a city, with notable ones being the Shanghai upgrade and the London upgrade. However, the name is not important; what matters is what content is upgraded. I believe the most important proposal in this ETH Prague upgrade is EIP-7251. Let me translate this upgrade content into plain language for everyone: simply put, originally, the maximum number of ETH that a single staking node could validate was 32 ETH. For large holders who have thousands or tens of thousands of ETH, staking is an extremely cumbersome task. If they want to stake all their ETH, they would have to set up hundreds, thousands, or tens of thousands of nodes. To be honest, wealthy individuals tend to be lazy, and many large holders are reluctant to stake because the staking rules are too strict, which has kept ETH from entering staking and thus has always been a potential selling pressure. The EIP-7251 proposal allows people to stake more than 32 ETH on a single staking node, with no upper limit on the amount. This way, large holders can stake a significant amount of ETH at once and enjoy interest, saving them from the cumbersome operations. It also facilitates large institutions in operating their own validation nodes, making the staking of ETH spot ETFs like those from BlackRock possible, which ordinary people may not understand the implications of. In fact, after this proposal is upgraded, the market will suddenly have more than half of the ETH circulation reduced, making ETH scarce. Reducing circulation means increasing value, and the $100,000 Bitcoin has already proven what ‘rarity brings value.’ So, in three months, ETH will also tell us what ‘rarity brings value’ through its price.