Today, let's talk about Ethereum (ETH), which has been receiving a lot of attention lately. What everyone is most concerned about is whether it can break through the $4000 mark! Let's dive straight into the analysis.

First, let's look at the weekly reversal pattern. The weekly chart has formed an 'inverse head and shoulders' pattern, which is a key signal. If it can break through the neckline at $4100, according to the theoretical target, it could directly point to $5000. From a technical structure perspective, this is definitely a bullish trend.

We cannot ignore the influence of Bitcoin. Currently, Bitcoin is priced at $118,000. If it can stabilize at $120,000 and trigger algorithmic buy signals, that would definitely be a big boon for Ethereum to break through $4000. With the big brother leading the charge, little brother Ethereum will surely be motivated to follow.

As for the staking rate, the ETH staking rate has increased from 15% to 25%, and the annual deflation amount has risen to 1.2 million coins. This significantly improves the supply-demand relationship, and now the annual inflation rate is only 0.5%. In simple terms, the circulating supply of Ethereum has decreased, which provides more momentum for price increases.

After discussing the bullish signals, let's talk about trading strategies. For a bullish strategy, one can consider buying in the support zone of $3550 - $3620, setting a stop loss below $3500, and targeting $3800 initially. If the momentum continues, aim for $4000. If you want to implement a bearish strategy, you can try shorting in the resistance zone of $3800 - $3850 with a light position, setting a stop loss above $3900, and targeting $3650.

Brother Hao has also provided a trading guide today, suggesting to go long around $3805, aiming first for $3851. If it can stabilize at $3851, there's a good chance it will break through this year's high of $3905. According to the recent trend, there is indeed a strong hope of breaking through $4000 in the coming days.