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Today marks the 10th anniversary of the official operation of the Ethereum mainnet. This smart contract public chain has completed a full decade. From its initial phase in 2015 as a "Bitcoin alternative" to now becoming the cornerstone that supports the entire encryption ecosystem, the evolution of Ethereum has completely reshaped the landscape of the blockchain world.
This milestone is not only a celebration of the past but also a focal point of market attention. Anniversaries often trigger fluctuations in market sentiment and capital flows, potentially becoming a catalyst for short-term market trends. Currently, ETH has surpassed the $3800 mark, and market sentiment is high with strong momentum from the bulls.
However, whether it can break through the $4000 integer barrier remains an unresolved question. Factors supporting this potential breakthrough include: the continuous increase in ETH staking volume, the ongoing development of the Layer 2 scaling solution ecosystem, and the significant rebound in on-chain active users. The tenth anniversary celebration will undoubtedly drive consensus to new heights, and with widespread coverage by mainstream media, the topic's popularity is rapidly rising.
Nevertheless, investors should remain cautious. Intraday volatility may intensify, and the market may experience false rallies or pullbacks. If the breakout fails, the ETH price may retrace to the range of 3550-3600 USD. Therefore, it is recommended that investors set reasonable stop-loss positions to avoid emotional trading.
Overall, the tenth anniversary of Ethereum is not only a day worth commemorating but also an important window for observing market dynamics. It could serve as a trigger for emotional outbursts or as an accelerator for a new bull market. Regardless of the final outcome, this historic moment will pave the way for the future development of Ethereum, continuing to lead the innovation of blockchain technology.