Ethereum is once again in the spotlight. There are voices in the market suggesting that ETH may be about to initiate the fifth wave of an upward trend. According to this logic, the target is pointed at 5413. From a technical perspective, if this wave theory is truly followed, whether the subsequent performance can confirm this judgment remains to be seen as the market speaks for itself. However, from the perspective of large holders' positions, such views are indeed circulating and are worth paying attention to in terms of future price performance.