$ETH Breaks $4,000: A New Milestone for Ethereum

Spotlight of the day: Ethereum has broken past the $4,000 level for the first time since December 2024, marking a pivotal moment in its recovery and bullish revival.

Key Highlights

ETH climbed 3.5% in the last 24 hours, hitting this new high and pushing Ethereum's year-to-date gains to about +25% and year-over-year gains to +112%.

Bitcoin’s dominance slipped to 60.7%, while the ETH/BTC ratio is approaching yearly highs—signalizing a possible shift toward altcoin strength.

Flows & Institutional Confidence

A massive 10,400 ETH (~$40.5M) OTC purchase and a $5 billion ETH treasury shelf filing point to renewed institutional conviction.

On-chain tracking shows whales are accumulating aggressively at the $4,000 level, further reinforcing bullish sentiment.

Altcoin Market Momentum

Altcoins raced higher alongside ETH:

$XRP +9%, $SOL +3.5%, $DOGE +5.3%.

Crypto-assets and related equities also lifted: Bitmine Immersion +13%, Sharplink Gaming +4%.

What This Means for Traders

The $4K mark transforms from resistance into a key support zone—a critical level that may attract renewed buying on dips.

If momentum continues, the $4,100–$4,200 range becomes the next battleground, with targets potentially stretching toward $5,000 later in 2025. #ETHBreaks4000 #BinanceHODLerPROVE #ETH #altcoins #ALTrestaking