According to Milk Road (@MilkRoadDaily), Ethereum (ETH) has not reached a new all-time high (ATH) since the last U.S. president, highlighting a significant pause in the coin’s upward trajectory (source: Milk Road Twitter, May 12, 2025). This stagnation is notable compared to other leading cryptocurrencies that have set new ATHs in recent cycles. For traders, this signals potential pent-up momentum in ETH’s price action, especially as market participants anticipate catalysts such as upcoming Ethereum upgrades and shifting macroeconomic conditions. The lack of a new ATH since the prior U.S. administration could drive increased volatility and renewed interest among crypto investors, further impacting trading volumes and liquidity (source: Milk Road Twitter, May 12, 2025).