CoinWorld News, on January 14th, the "BTC OG Insider Whale" agent Garrett Jin posted a "Ethereum Technical Analysis" on social media, stating: "Ethereum Wave C decline began on October 10th. The overall downtrend was hindered around November 20th, and the fifth wave failed to decline on December 18th, indicating trend momentum exhaustion. We believe Ethereum has re-entered the fifth wave of the upward channel that started in April last year. The theoretical target levels are as follows: Target 1: $5,413 Aggressive Target 2: $7,155."

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