#以太坊重返3800#

ETH returns to 3800, it's not that you saw it right, but the chain didn't give you a choice.
You saw ETH rise back to 3800 and emotionally thought it was a sign of a bull market; but on-chain reality is: stakers are steady as Mount Tai, while those leveraging L2 are busy like a spinning top, and ETH's rebound is purely a systemic reward.
ETH is not a "speculative coin"; it has long become the API layer + financial engine + clearing sovereign chain of meme value in the Web3 world.
🎯Why can this wave rise?
* Arbitrum massive airdrop, Base chain's popularity skyrockets, all are "passive traffic" in the ETH ecosystem;
* Large institutions diversify their asset allocation; after BTC rises, ETH naturally becomes the "prime backup";
* After the Dencun upgrade on the ETH chain, gas fees are lower, developer costs are halved, and ecosystem development has entered a "baby boom".
Ironically, many people are still trading Memecoins, yet they forget that the roots of these memes are deeply embedded in ETH.
ETH rises back to 3800, it's not a "turnaround", but a realization of "sustainable profitability".
Don't say ETH is weak; it's about "increasing knowledge, increasing ecology, increasing confidence"; it's just that your growth is slow.