Garrett Jin, an agent for "1011 Insider Whale," stated on the X platform that without Digital Asset Treasury, ETH might have been trapped in the $1400-$4800 range in this cycle until fundamentals changed. However, Digital Asset Treasury purchased and locked approximately 5 million ETH, altering the long-term supply structure and limiting downside. ETH's exchange balance ratio is even lower than BTC's. Even in a bear market, it's virtually impossible for ETH's price to fall below $2000. ETH is currently following the institutionalization path BTC followed from January 2023 to November 2024. As long as the US stock market doesn't experience a significant decline, ETH reaching new highs is inevitable. Any view that "ETH will fall back below $2000" is rigid or even foolish.