If you look at the last ATH in 2021, ethereum was able to make a really good achievement at a price of $4,891. After that, it experienced a prolonged correction with a price that was quite worrying at a price below $1K and only experienced an increase a few months ago, and now the price has started to improve to around $2,610.
Usually, ethereum will always accompany the movement of bitcoin. If, in the halving era, bitcoin can improve quickly, there is no doubt that it will also have an impact on ethereum. But whether it will be able to pass the last ATH at the end of 2024, of course, will be seen by Ethereum's ability to continue moving and investors continuing to compete to continue buying and holding until the highest achievement in 2025.