Is ETH back again? But the problems still exist.
Recently, after a period of sideways correction, Ethereum has also risen above 2800.
From a technical perspective, ETH has basically stabilized at the lower edge of the annual upward channel and has rebounded to around 2800, indicating that the short-term trend has shaken off the previous sluggishness.
However, from on-chain data, the TVL has not shown significant growth, gas fees remain sluggish, and the activity levels of DeFi and NFTs are still far from their peak levels.
In other words, the price has moved first, but the capital and enthusiasm have not fully followed. Some believe that as long as there is some positive news, Ethereum may continue to lead the way.
But others feel that this surge is more of a momentum-driven rise following the broader market, and to truly break through, we need to see new capital and hotspots entering the market.
Is the rise an opportunity or a trap? Is the drop a correction or a pitfall? The market is always fluctuating, and the core is whether you can keep up with the rhythm and manage your positions well. The market always has noise; execution is key.
Now, do you see Ethereum going straight to 3000, challenging 3500; or will it fluctuate around 2800?
Keep up with Uncle Nan, and let's strategize together for this market trend.
