In the world of cryptocurrency, the question "Is there still hope for ETH?" has been frequently mentioned recently. Many people are filled with doubts about the future direction of Ethereum (ETH), especially after witnessing the strong rise of Bitcoin and the emergence of competitors like Solana.

For those who have long been rooted in the ETH ecosystem, they can deeply appreciate the power of ETH. Its ecosystem encompasses a rich variety of applications, from decentralized finance (DeFi) to non-fungible tokens (NFTs), as well as various emerging blockchain projects. Moreover, ETH emphasizes a culture of decentralization, security, and neutrality, which attracts a large number of developers and users, allowing its ecosystem to continuously thrive. For example, in the DeFi field, many important lending and trading protocols are built on ETH, boasting a massive user base and capital.

However, for those who only focus on surface phenomena and purely speculate on coins, the situation may not be very optimistic, at least in the short term. The price trend of ETH is influenced by numerous factors, including market supply and demand, macroeconomic environment, regulatory policies, and investor sentiment, among others. The complexity of these factors makes short-term price fluctuations difficult to predict. For instance, although ETH recently broke through $2000 for the first time since December 2024 and made a strong attack again in March 2025, forming a "double bottom" structure technically, there are still many unstable factors. Changes in institutional holdings, retail FOMO sentiment, and market expectations for its future development can all lead to significant price volatility.

Different positions naturally lead to different opinions; varying investment time horizons result in vastly different experiences. Long-term investors pay more attention to the underlying technological development of ETH, the improvement of its ecosystem, and its long-term value in the blockchain field; while short-term speculators are more influenced by short-term price fluctuations. However, regardless, as an important representative in the blockchain field, the future development of ETH is still full of possibilities. Whether it’s the upcoming Pectra upgrade or its ongoing innovations in the field of smart contracts, both may bring new development opportunities.