$ETH What is the current situation with Ethereum? It's quite interesting.

On the market, many people feel that ETH is a bit 'tired.' Buyers are not very active, and when it does rise, it's quite weak, more like a bounce after a significant drop rather than a real charge forward. The market sentiment is quite cautious, and it seems everyone is waiting.

But within this wait, some have already started taking action. Some investors remember clearly that last year ETH lingered around 1400 to 1800 for a long time before suddenly shooting up to 4500. They believe in the long term—ETH could reach twenty thousand in the future. So, at the current price of around 3000, it is seen as an opportunity to gradually 'buy the dip.' In simple terms, this is 'because they believe, they dare to buy.'

Deeper than the price is a tug-of-war of ideas. Vitalik recently discussed this, saying that the relationship between 'institutions' and 'crypto punks' is very complex, not simply friends or enemies. Institutions want to control their territory, while the soul of crypto punks is to protect everyone's autonomy. But interestingly, in the future, institutions may become more reliant on self-custody wallets and staking for their own security, which ironically helps Ethereum become more decentralized. This game of who has the final say and to what extent privacy is maintained will continue.

Looking further ahead, Ethereum is already preparing for the 'day after tomorrow.' You read that correctly; the Ethereum Foundation has specifically formed a team to work on 'post-quantum' cryptography. This is out of concern that future quantum computers could be so powerful that they might crack current encryption technologies, so they need to build defenses in advance and are testing new quantum-resistant networks.

So, the current picture of Ethereum is as follows: the market appears calm on the surface, believers are quietly positioning themselves; underlying ideas are colliding fiercely; and the technical team is already preparing for threats a decade down the line. Its story goes far beyond the ups and downs on the candlestick chart; it is a massive experiment about 'what kind of digital world we need in the future.' This experiment is currently underway. #ETH走势分析 #加密市场观察