The Ethereum cryptocurrency (ETH) surpassed the psychological barrier of $4,000 USD.

It took months for ETH to break through this price resistance. This could be key for the "Queen of Cryptocurrencies" as it would bring new investors and liquidity to its blockchain.

It appears that the massive purchases of ETH by large institutional investors (and the announcement of additional future purchases) have decisively influenced this achievement.

Even looking at the market capitalization, we can see that ETH's dominance in the crypto market is increasing.

It is very likely that this price increase above $4,000 USD was taken advantage of by many investors to take profits (at least partially), which could trigger a price correction before continuing to rise (which could also be a buyback opportunity).

ETH's price volatility can be very high right now, so careful analysis is essential before making any investment decisions.

ETH's price doesn't appear to be pure speculation (at least in my opinion), but rather the result of institutional support and real-world use: ETFs, Staking, DeFi, L2, etc.

Disclaimer: The content of this article cannot be considered investment or financial advice. This post is for informational purposes only.