I quietly observe the market, with $ETH now hovering around $3500, seemingly in a low-key accumulation phase. On-chain data shows that the number of active addresses and the prosperity of the L2 ecosystem far exceed previous levels, while institutional funds are gradually flowing in. Although the expectations for ETF approvals have not materialized, as the king of smart contracts, the value of $ETH is transitioning from a technical asset to a financial asset.
The price fluctuations are merely the overture to a reallocation of funds, and I believe the potential for $7000 by the end of the year is not far-fetched. While many are still observing, I believe that the real opportunity lies in this quietness, and with patience, one can witness the return of value.