This morning, the price of Ethereum ($ETH ) surged to $2770, undoubtedly bringing a wave of excitement to the market. Reflecting on the period of low ETH prices, the current growth certainly brings comfort to many investors. Here, I would like to share a few thoughts on this phenomenon.

1. The strategy of buying at low prices has been validated

I mentioned earlier that investing when ETH prices are low is a wise choice. The current price increase proves the correctness of this strategy; the market always rewards those investors who dare to invest during downturns. Now, more and more people are beginning to recognize Ethereum's tremendous potential.

2. Positive shift in market sentiment

As the ETH price rises, market sentiment has also positively changed; the previous panic is gradually fading, replaced by an optimistic attitude. This is a natural market response, and those who sold during the downturn may now want to chase the rise. However, I always remind myself that investment decisions should be based on rational analysis, not emotional fluctuations.

3. Positive impact of ETH2.0 upgrade

The ongoing advancement of ETH2.0 is one of the key factors driving this price increase. With the upgrade, improvements in Ethereum's performance and sustainability have attracted more attention and capital inflow. The long-term development prospects of Ethereum remain promising, making it an asset worth holding for long-term investors.

Overall, the rise in ETH prices not only reflects a shift in market sentiment but also demonstrates its strong fundamentals. Investors should remain calm in the face of market fluctuations and make decisions based on facts and analysis.