Ethereum Charts Show Potential for New All-Time Highs

Recent price action in Ethereum’s chart has shifted, with a significant resistance level transforming into strong support. This bullish shift is being observed by analysts who attribute it to the growth of decentralized finance (DeFi) and growing institutional interest. The key breakout point is now positioned around $4,000. If bulls succeed in breaking this level, they could trigger a new upward phase for the asset.