Recently, Ethereum has performed brilliantly, with prices rising significantly. From a technical upgrade perspective, the transition to PoS and the explosion of the L2 ecosystem have enhanced its performance and application scenarios. The United States has passed key cryptocurrency legislation known as the 'Genius Act', and with the surge in stablecoins, numerous institutions and publicly traded companies have entered the market, driving the demand for Ethereum. Analysts predict that if it breaks through $4,000 in the short term, it may challenge $4,200 - $4,500; in the long term, it could reach $10,000 - $15,000, but it also faces risks such as regulation and market volatility.