The price of ETH surged dramatically to $2770 this morning, and this momentum is indeed exciting! Reflecting on the previous low price periods, the current price increase must be bringing joy to many. Below, I would like to share some of my views on this wave of price surge.

1. The Advantage of Entering at Low Prices is Becoming Evident

I previously mentioned that buying ETH at lower prices is a very good opportunity. This price spike proves my point; the market always rewards investors who dare to invest during downturns. Now, many people are beginning to recognize Ethereum's immense potential.

2. Shift in Market Sentiment

As the price of ETH rises, market sentiment is also changing. The previous panic is diminishing, replaced by a sense of optimism. This is a normal market reaction; those who previously sold in panic may now be looking to chase the price up. However, I always remind myself that investment decisions need to be rational and not swayed by emotions.

3. Positive Impact of ETH 2.0

The ongoing advancement of ETH 2.0 is an important factor driving this price surge. With the upgrade, Ethereum's improvements in efficiency and sustainability have attracted more attention and capital. Its future development potential remains promising, and long-term holders can maintain their confidence.

4. Movements of Large Investors

I have been closely monitoring the movements of large investors. As the price of ETH rises, many large holders continue to increase their positions, showing their confidence in the future market. The flow of this 'smart money' often indicates that there may be greater opportunities in the market.

In summary, this surge in ETH seems to have a solid foundation, not just driven by short-term market sentiment. However, investors still need to remain cautious when making investment decisions and ensure proper risk management.