$ETH falling again is a gift: year-end target 7000, risks have already been priced in!

The price of ETH has fallen to around 3500. While most people may panic, smart individuals will think: is this a trend reversal or a continuation of the upward movement? From the three-dimensional perspectives of technical analysis, on-chain data, and policy, this seems more like a "momentum build-up before a surge."

First of all, although the spot ETF has not been officially approved, the logic of "speculating on expectations" has not disappeared, especially under the guidance of the Bitcoin ETF, where the value of ETH, as the leader in smart contracts, is becoming increasingly prominent. Secondly, the prosperity of L2 projects and the growth of the MEV market are making ETH an ecological "valuation anchor."

In psychology, people tend to make irrational judgments during significant fluctuations. What you need to do is be greedy when others are fearful. Remember, every low point before a major upward wave is, in hindsight, a "golden pit."
Don't stay still now, and don't cry "it's too late" at the end of the year.