Ethereum (ETH) recently surpassed the price of 3500 USD, sparking market discussions. However, from a Fundamental Analysis perspective, the current price may still be significantly below its actual value.

Considering the continuous development of the Ethereum ecosystem, the current price of $3500 may only reflect about 70% of its true value. Looking back at the peak of the 2021 bull market, ETH reached $4800, and now the underlying technology and application ecosystem of Ethereum have matured even further.

The continuous improvement of Layer 2 scaling solutions has brought greater scalability and lower transaction costs to Ethereum, undoubtedly enhancing its competitiveness as a smart contract platform. In addition, the increasing likelihood of Ethereum ETFs being approved will open new channels for institutional capital to enter the Ethereum market.

Based on these factors, the price of ETH is expected to reach around $7000 by the end of the year. This goal is not merely an optimistic expectation, but a rational estimate based on the continuously strengthening infrastructure and ecosystem value of Ethereum.

The rise from $3500 to $7000 may signify the beginning of a new major upward trend. For investors who are still hesitating whether to "enter the market," this might mean that they have yet to fully understand the potential return cycles of the cryptocurrency market.

It is worth noting that true wealth accumulation opportunities often arise during the stage when most people have not fully recognized the market potential. Therefore, gaining an in-depth understanding of Ethereum's technological advancements and ecosystem development may be more important than merely focusing on short-term price fluctuations.

However, investors should also be aware of the high-risk nature of the cryptocurrency market, and when making investment decisions, they need to carefully consider their own risk tolerance and conduct thorough research and analysis.