Ethereum (ETH) successfully broke through the important threshold of $4000 tonight, demonstrating strong pump momentum. It is just one step away from the high of $4109.99 set at the beginning of this year, and the market generally believes that once it breaks through this resistance level, the path to the ATH of $4877.54 will be smoother.

Analysts point out that the trend of Ethereum is largely influenced by Bitcoin (BTC). Investors can predict the potential trend of Ethereum by observing Bitcoin's breakout patterns. This correlation provides valuable reference information for market participants.

The current cryptocurrency market shows a positive trend, and many investors believe that 2024 could be a turning point for the industry. However, experts also remind that while the market outlook is optimistic, investors should remain cautious and manage risks effectively.

As the price of Ethereum rises, market attention is also increasing. Investors and analysts are closely monitoring the upcoming trends, especially whether it can break through the key resistance level of 4110 USD. Breaking through this level will open up new price exploration space for Ethereum and may even challenge the ATH.

Overall, Ethereum's breakthrough has injected new vitality into the entire cryptocurrency market, bringing new opportunities and challenges for investors. Market participants need to remain vigilant, closely monitor market trends, and be well-prepared to respond to various market situations that may arise.