Ethereum Breaks Through Resistance, Reaching New All-Time High

Ethereum has shattered a crucial resistance level between $3,700 and $4,000, marking its latest milestone towards breaking through all-time highs. The surge in price is fueled by bullish momentum driven by increased DeFi applications and investment from institutional players. While the market awaits confirmation of support at this new level, analysts anticipate a retest before Ethereum achieves further gains.