#ETH突破4000
The cryptocurrency world has received an exciting piece of news: the price of ETH has successfully surpassed $4300, reaching a new high since the end of 2021, with an intraday increase of over 2.4%! This breakthrough is like a giant stone thrown into a calm lake, stirring up waves. From the candlestick chart, ETH has entered an upward trend since early June, with an increase of nearly 80% in just a few weeks, approaching $4000 by mid-July. After several days of hovering and fluctuating around the $4000 mark, it has now strongly broken through $4300, continuing its path of “overcoming challenges”.⭐️
From a fundamental perspective, institutional funds continue to flow into Ethereum ETFs, with $583 million recorded in inflows over the past week, setting a new record since February 2025. More and more listed companies are incorporating ETH into their balance sheets, which demonstrates that the value of ETH as “digital infrastructure” is being widely recognized. Meanwhile, the staking scale of Ethereum continues to rise, with about 30% of ETH currently locked for staking, reducing the circulating supply in the market and creating a situation of supply tightening.🚀
From a technical analysis perspective, the daily structure is in the late stage of consolidation, while the 4-hour level conceals opportunities for a terminal breakout. The RSI indicator, after a brief adjustment in the overbought region, has turned upwards again, indicating that bullish momentum remains strong. However, we must also be cautious, as the current price is at a high level, and there may be a demand for profit-taking in the short term. If ETH can hold steady above $4300, the next target may be to challenge the historical high of $4867.17. But if it encounters significant selling pressure, a pullback to the support level below is also a normal market behavior.✨✨
⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️⭐️