Ethereum Breaks $4K Barrier: Analysts Predict Major Breakout

Ethereum has rebounded past the crucial $4,000 mark, sparking optimism among analysts who anticipate a significant market shift. This surge is fueled by heightened institutional interest and recent regulatory developments, particularly in the UK. Trading volume has spiked, indicating robust investor sentiment, adding to the momentum driving Ethereum’s price recovery. However, analysts are cautious about potential concerns stemming from recent ETF outflows, despite overall bullish expectations.