Ethereum Breaks $4,000 Barrier; Will a Pump to $6,000 Be Achieved? Analyst Opinions In Focus

Ethereum is surging above the $4,000 mark, fueling investor hopes for a potential price rally towards the $6,000 level. This surge comes on the back of continued bullish market momentum and Ethereum’s resilience following weeks of tight consolidation. 24-hour trading volume saw significant growth, indicating increased buying activity in the market. While short-term resistance at the $4,200 mark remains, analysts believe that sustained demand from DeFi protocols and institutional investors could drive the price further higher.