eth

Ethereum broke the $4,000 barrier for the first time since December 2024, with its price surging to $4,012 on Binance and $4,001.13 on Gate.io. This milestone is significant, as over 95% of traders are now in profit, with little pressure to sell. The rally has sparked hopes of an ongoing expansion, with predictions of reaching $5,000 in the short term....

*Key Statistics:*

- *Current Price:* $4,272.05
- *Market Cap:* $472.82 billion
- *24-Hour Liquidations:* $119 million in short positions erased
- *Open Interest:* $26.65 billion, near its three-year peak

*Factors Driving the Rally:*

- *Positive Sentiment:* The current ETH rally is accompanied by the most positive sentiment in the past 12 months
- *Whale Activity:* Whales have repositioned with a lower cost basis, anticipating further growth
- *DeFi Growth:* Total value locked on Ethereum has reached levels not seen since early 2022, with over $86 billion in various protocols

*Market Outlook:*

- *Resistance Level:* Breaking the $4,000 resistance could pave the way for a new all-time high
- *Bullish Trend:* Ethereum's price surge indicates strong buying pressure and a healthy upward trend#ETHBreaks4000