Ethereum Price Holds Key Support at $4,000, Eyes Breakout Potential

Ethereum (ETH) is currently clinging to the crucial $4,000 support level after a day of price volatility in the market. This level represents a significant turning point as traders assess whether ETH will surge towards new yearly highs or experience another pullback. Data from CoinMarketCap shows ETH trading at around $4,016, marking a 0.7% gain on the day with a 24-hour trading volume exceeding $55 billion. .