After several months, #ETH重返3800 ETH returns to the key level of $3800, and market sentiment has significantly improved. This rebound may be driven by multiple factors: Bitcoin's stabilization and rebound have boosted the overall risk appetite of the crypto market, the staking volume of Ethereum continues to rise after the Shanghai upgrade, releasing liquidity expectations, and the increase in trading volume on Layer 2 networks is driving ecological activity. Technically, $3800 was a strong resistance level previously; a breakthrough may trigger quantitative funds to follow suit in buying, potentially testing the key level of $4000 in the short term. Investors are paying attention to changes in large on-chain holdings and macro policy trends.