With on-chain activity surging, Ethereum price approaches $2200, and daily trading volume is growing exponentially, indicating a significant increase in user engagement with decentralized applications (dApp) and services. Analysts point out that this reflects a recovery in ecosystem demand rather than a bearish signal. Ethereum (ETH) is currently trading around $2150, approaching the short-term target price of $2300, which is an important psychological milestone. The model predicts Ethereum's highest price could reach $5300, with a lowest of $1150. Currently, it is in the middle of this range, so it is recommended that medium- and long-term investors adopt a wait-and-see strategy.