The concubine is about to hold her head high and breathe freely.

Ethereum's current trend bears similarities to the cycle of 2016-2017, especially the acceleration in price after breaking key resistance levels. At that time, ETH soared from $10 to $1400, an increase of more than 140 times, largely due to the ICO boom and explosive adoption of smart contracts. Now, $ETH is once again approaching the $4000 mark, and market sentiment and capital inflows suggest that breaking this key level could trigger a larger upward trend.
Why is $4000 so important?
1. Psychological resistance level: $4000 is one of the peaks of the 2021 bull market; breaking through this level may attract more investors to chase the price, creating a FOMO effect.