Ethereum has just crossed the $3000 mark, a significant psychological level, but the market reaction has shown an interesting divergence.

On one side, the L2 ecosystem supporters are cheering and celebrating, with trading activity reaching new highs; on the other side, there are ongoing doubts about L1's value capture. This coexistence of consensus and disagreement precisely reflects the current state of the ETH community.

From on-chain data, the 24-hour trading volume has reached $13 billion, demonstrating strong market participation. Interestingly, this enthusiasm has not fully translated into a unanimous bullish outlook. Some investors are concerned that the short-term high trading volume might lead to a pullback risk, while others see it as a sign of bottom accumulation.

A closer look reveals that disagreement itself may not be a bad thing. While market participants are still discussing technical details such as Gas fee optimization, Layer2 scaling solutions, and cross-chain bridge security, it indicates that the ecosystem is deep in thought and iteration. These discussions often contain the next breakthrough.

Current market sentiment indicators show that greed is approaching high levels. At such moments, it is important to stay vigilant while also recognizing that market volatility often brews changes amid apparent calm. Breaking through the $3000 psychological barrier may just be the beginning.

Reminder: This analysis is based on publicly available market data and does not constitute any investment advice. Due to the high volatility of the crypto market, please make rational decisions and manage risks carefully.