According to Yat Siu, Ethereum (ETH) has achieved another significant milestone, prompting discussions about the next phase for ETH. This development is expected to draw increased trader attention to ETH, with potential impacts on both spot and derivatives markets. Market participants are watching closely for technical and fundamental signals that could influence ETH price action in the near term, as highlighted by Yat Siu during the ChainReaction event (source: @ysiu).