ETH today broke through the key resistance level of $4,200, with a 24-hour increase of 7.84%, reaching a nearly 44-month high. This rise is mainly driven by a significant influx of institutional funds, a surge in demand for spot ETFs, and a short squeeze. Data shows that the short liquidations of ETH exceeded $183 million in the past 24 hours, reflecting a strong bullish sentiment in the market. At the same time, the U.S. spot Ethereum ETF continues to see net inflows, with companies like BitMine and SharpLink accelerating their ETH reserve accumulation, further supporting the price. Technical analysis indicates that ETH has broken through a multi-year triangle pattern, with a short-term target pointing to the historical high of $4,868, and some analysts even predict it could reach $10,000 by the end of the year #ETH🔥🔥🔥🔥🔥🔥