Ethereum's recent market sentiment has clearly shifted to optimism. According to Deribit data, among the Ethereum call options expiring at the end of December, the highest open interest is at the strike price of $6000, indicating that investors have strong expectations for price increases. Meanwhile, the overall put/call ratio is only 0.39, suggesting that the market is primarily bullish. On the institutional side, funds continue to flow into Ethereum, reflecting an increasing confidence among investors in its long-term value and ecosystem development compared to other mainstream crypto assets. Under the expansion of stablecoins and the push for enterprise-level applications, Ethereum's market prospects are receiving widespread attention.