Ethereum(ETH) market is currently experiencing a critical period. With the coin price around $3600, many analysts believe this could be the most noteworthy investment opportunity of the year.

From a technical perspective, ETH seems to be at a significant breakout point. Multiple indicators suggest that the current price may have bottomed out, with the potential to initiate a new round of increases. At the same time, market news indicates that several Ethereum ETF applications are under review, which could bring new capital inflows to ETH.

On-chain data also conveys positive signals. The number of active users continues to grow, indicating that the usage and value of the Ethereum network are steadily increasing. This foundational growth is often an important support for the long-term rise in value.

Based on these factors, some market observers predict that ETH could reach around $7000 by the end of the year. While this prediction seems optimistic, given the high volatility of the cryptocurrency market and the technical advantages of Ethereum, this goal is not entirely impossible.

However, investors should keep in mind that the cryptocurrency market carries high risks and price fluctuations are severe. Any investment decision should be based on thorough research and risk assessment. For those investors who believe in the long-term development prospects of Ethereum, the current time may be worth considering for entry.