"The Human Bullet Huang Knife" Sun Yuchen has spoken again, as he puffs on a cigar and shouts on Twitter that "ETH will definitely break 5000 by the end of the year." Just how credible is this guy’s prediction?

First, let’s uncover Sun’s trump card—he holds over 270,000 ETH, which is equivalent to 4.1% of the total network collateral. Is this call going to replicate the scene of Tron’s pump back in the day? But don’t rush to invest everything; on-chain data shows that Grayscale's ETHE discount has widened to -29%, and the wolves of Wall Street are secretly offloading their assets. Is this a charge signal or a death knell?

What’s even more surreal is that the Capitol Hill suddenly turned into a free-for-all brawl! Newly elected senator from Georgia, Ossoff, directly put Trump on the grill: "The White House meeting room has turned into a vegetable market; pay up and you can take a photo!" Schiff and Warren, the old foxes, teamed up to investigate the mysterious crypto wallet of the Wang family. This situation is quite complicated—three months ago, the FBI raided Mar-a-Lago, and the 48 missing BTC from the safe remain a mystery!

Now the key point: with the 2024 election year, crypto regulation has become the eye of the storm. The SEC has shifted its focus from Binance to Coinbase, and the ruling in the Ripple case has unexpectedly become a lifeline for the industry. From a technical perspective, ETH's weekly chart is forming an ascending wedge, with 2600 dollars becoming the critical line between bulls and bears. If it’s really going to surge to 5000, it first needs to break through the 3600 three-year accumulation zone. Do you think Sun is opening his third eye this time, or is he just waiting with a sickle for his fellow townsmen? The crypto fear index from Pantera Capital has dropped to 23; do you dare to dive into this market?

Ultimately, cryptocurrency has always been a mirror of political power plays. While Washington is busy investigating Trump’s crypto accounts, Sun Yuchen and others are writing scripts with candlestick charts. As the old saying goes, in the frenzy of a bull market, the words of the big shots are just deceiving ghosts.