Giant Whale Warning: The ETH Ten Thousand Dollar Journey Has Started! 4000 is just the starting point, the last chance for those who missed out to get on board!

Ethereum breaking through $4000 may be the starting point for a new historic rise!

Renowned crypto analyst @IamCryptoWolf recently pointed out that after a strong surge of 250%, ETH has successfully broken through the critical resistance level of $4000 that has lasted for several years.

This breakthrough is not only of great technical significance, but may also become a landmark event signaling a shift in market sentiment.

Personally, I believe that ETH consolidating in the $4000-$5000 range is quite healthy.

Looking back at the 2021 bull market, after ETH broke through $2000, it also consolidated for nearly two months before exploding to a high of $4800.

The current similar consolidation structure, coupled with the continuous expansion of Ethereum 2.0 staking rates and the Layer 2 ecosystem, is likely accumulating momentum for a push to higher price levels.

Especially with the recent trend of institutions increasing their ETH holdings through ETFs, it bears an astonishing resemblance to the early Bitcoin bull market in 2020.

If history repeats itself, the fourth quarter may welcome Ethereum's "bloodsucking market."

Readers might ponder: where do you think the peak of this ETH cycle will be? Feel free to share your target price in the comments section! #ETH走势分析

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