ETH is increasingly resembling a "middle-aged man": wants to rise, but is really a bit tired

What was ETH in the past?
Bull market engine.
King of DeFi.
On-chain printing press.
What does ETH look like now?
Like a startup founder who has been staying up three months straight.
Still persisting.
But clearly starting to gasp.
After ETH recently dropped to $2,000, the biggest change in the market isn't the price.
It's the sentiment.
Previously, everyone discussed:
"Can ETH reach 5,000 by the end of the year?"
Now it’s starting to become:
"Can it hold at 2,000?"
This is the most genuine part of the market.
When prices rise, everyone talks about dreams;
When they fall, only survival remains.
My personal prediction is actually very simple:
ETH will likely close around $2,050 by the end of the month.
What’s the reason?
Because although the market is currently bearish, it hasn't truly collapsed.
Especially since the ETH ecosystem isn't dead.
Layer 2 remains active;
On-chain stablecoins are still large;
Institutions haven't completely given up.
The problem is:
Funds are now too cautious.
Middle East tensions, the Federal Reserve leaning hawkish, BTC weakening, all lead to a cooling of the risk market.
And ETH is precisely "the riskiest of risk assets."
It doesn't have a safe-haven narrative like BTC;
Nor does it have casino-like sentiment like MEME coins.
So ETH has been particularly awkward lately.
Like the "second place" in financial markets.
Has strength.
But lacks traffic.
The most miserable is the holder mentality.
ETH rises a little:
"The bull market is back!"
ETH drops a little:
"Should I switch to BTC?"
The entire market has started to swing emotionally.
And what is most likely to happen in this stage?
— Volatility.
Prices don’t rise comfortably;
And drops aren’t thorough.
Finally, both bulls and bears go crazy together.
So don’t rush to predict ETH’s "life or death" now.
Because the real big trend often appears when everyone is most exhausted. #Polymarket每日热点