The price of ETH, the native token of the Ethereum network, has attracted market attention as it approaches its annual highs and touches the key level of $4,000.
At the time of writing, ETH is trading at $3,930, with a daily gain of 2.4%, a weekly gain of 8.8%, and a monthly gain of 48.2%.
Analysts maintain an optimistic outlook on a possible advance above $4,000:
"$6,400 will become a magnet if Ethereum ETH surpasses $4,000!", said crypto analyst Ali Martinez.