ETH surpasses $2000 driven by technical, fundamental, and market sentiment factors. Technically, breaking through key resistance levels and positive indicators suggest short-term upside potential. Fundamentally, the Ethereum 2.0 upgrade, the development of DeFi and NFTs, as well as increased interest from institutional investors, have enhanced its long-term appeal. In terms of market sentiment, Bitcoin has led to overall optimism in the cryptocurrency market, while global economic uncertainty has increased the attractiveness of cryptocurrencies. However, market volatility, changes in regulatory policies, technical challenges, and intensified competition pose potential risks. In the short term, if sentiment remains optimistic and technical indicators support it, ETH may continue to rise. In the medium term, the Ethereum 2.0 and the development of DeFi and NFTs are expected to drive steady price increases. Long-term, Ethereum, as an important blockchain platform, is expected to increase in long-term value with the proliferation of technology and expansion of applications. Investors need to remain cautious, pay attention to market dynamics and technological advancements, and manage risks appropriately. Overall, the future of ETH is full of opportunities and challenges, requiring a careful assessment of various factors.