Ethereum’s recent surge past the $4,000 mark has sent ripples of excitement throughout the crypto community. This isn't just a number; it's a critical psychological and technical milestone that many analysts have been watching closely. The breakthrough is fueled by a confluence of factors, including increasing institutional interest, record inflows into ETH-focused exchange-traded funds, and growing demand for the network's decentralized finance (DeFi) and non-fungible token (NFT) ecosystems. For years, this level has acted as a formidable resistance, but a combination of bullish sentiment and fundamental network developments has finally broken the barrier. This latest move suggests a potential re-evaluation of Ethereum's value and could signal the beginning of a broader market uptrend for altcoins.
