TL;DR: Ethereum has broken a key psychological and technical barrier, surging past $4,100. This rally is powered by a flood of institutional cash from new ETFs and strong network fundamentals, with analysts now eyeing a run to a new all-time high.
Top Headlines:
$4,100 Milestone: ETH's price has soared over 6% in 24 hours, reclaiming a level not seen in eight months.
Institutional Gold Rush: Spot ETH ETFs are seeing massive inflows, with over $250 million injected this week. This fresh capital from major players like BlackRock and Franklin is a huge bullish signal.
"Altcoin Season" Incoming? Ethereum's outperformance relative to Bitcoin (as shown by a rising ETH/BTC ratio) is a strong indicator of a potential market-wide altcoin rally.
Bullish Targets: Analysts believe if ETH can hold the $4,000 level as new support, the path is clear for a push towards a new all-time high, with some predicting a run to $5,000 or even higher in the near term.
What This Means for You:
The momentum is strong, but volatility remains. The key is to watch if ETH can solidify its position above $4,000. Continued ETF inflows and a positive shift in the ETH/BTC ratio will be critical to sustaining this rally.