Ethereum ($ETH
ETH) has surged past $4,000, marking its highest price since December 2021. The rally is driven by strong network activity, increased staking, and optimism around Ethereum ETF ETH is up over 8% in the past 24 hours and 25% this month. Analysts see this as a potential start of a new bullish phase. Layer 2 adoption and DeFi growth continue to support the momentum. Holding above $4K could confirm a breakout. Traders are advised to stay cautious in this volatile market.