Ethereum has just strongly broken through the $4000 mark, hitting a new high recently, with market sentiment clearly warming up.
Possible driving factors:
Overall market risk appetite is recovering, Bitcoin stabilizing at high levels drives mainstream coins to rise
ETH ecosystem benefits are emerging frequently, with increased activity in Layer 2 and DeFi
The expectation for potential approval of Ethereum spot ETFs is heating up
On-chain staking locked amount continues to increase, supply pressure decreases
Short-term observation level:
Resistance levels: $4100, $4200
Support levels: $3950, $3800
Risk warning:
The risk of a pullback after breaking through the barrier is relatively high
If BTC trends weaken, ETH may also pull back
📲 Ways to participate in ETH trading
1️⃣ Download Binance App
Android users: https://download.biancecoin.com/pack/BNApp_F0000170.apk (copy to browser to open)
iOS users: Switch to Hong Kong or Taiwan Apple ID, search for 'Binance' in the App Store to download
2️⃣ Register an account and complete KYC
Open Binance App → Register → Choose email or phone number → Set login password
Complete email/phone verification → Upload ID card or passport for real-name verification
3️⃣ Enable security settings
Enable Google Authenticator two-factor authentication
Set up anti-phishing code, withdrawal address whitelist
4️⃣ Recharge and trade ETH
Enter the P2P trading area to buy USDT with Alipay/WeChat/bank card
Exchange USDT for ETH in the spot area to participate in the market