Ethereum has surged past the $4100 mark for the first time in months, a significant milestone that signals strong bullish sentiment within the cryptocurrency market. This breakout follows periods of steady accumulation and is further fueled by increased investor confidence and trading volume. Analysts point to the anticipation of upcoming Ethereum upgrades, improved Layer 2 scalability, broader crypto market gains (including Bitcoin’s strength), increased institutional interest in ETH as a long-term investment, and growing adoption across DeFi, NFTs, and Web3 applications. The next significant resistance level is expected to be around $4400-$4500, with support forming near $3900. This surge appears to be supported by strong fundamentals and potential interest rate cuts.