AB: The driving force behind this wave of ETH is Tom Lee, who is of Korean descent. Tom Lee is a celebrity in the stock industry, and later he became the chairman of ETH micro-strategy BMNR, constantly bullish on it.

Ultimately, after layering these three factors: highly volatile stocks, cryptocurrencies, and a Korean celebrity, BMNR and Tom Lee are now comparable in Korea to the founders of LUNA back in the day.

Therefore, this wave of ETH is being pushed crazily by Korean brothers; historically, whatever the Korean brothers heavily speculate on will rise rapidly.

This can be referenced against the last round of Luna and the current new high of XRP, and now it has rotated to BMNR and $ETH . $BTC