PANews reported on January 14th that Garrett Jin, suspected to be the "1011 insider whale," posted on the X platform, stating: "Ethereum's C-wave decline began on October 10th of last year. The overall downward trend was blocked around November 20th of last year, and the fifth wave decline failed on December 18th, indicating that the trend momentum was exhausted. We believe that Ethereum has re-entered the fifth wave of the upward channel that began in April of last year. The theoretical target levels are as follows: Target 1: $5413; Aggressive Target 2: $7155."