๐Ÿš€ Ether's price is revving up for a potential breakout, with the $4,000 mark in sight. Over the past week, Ether's price has surged by over 27%, turning resistance levels into support. ๐Ÿ“ˆ

Crypto trader Jelle predicts new highs and all-time highs are next. Meanwhile, Bitcoin's decreasing dominance suggests traders are shifting their focus to Ether. ๐Ÿ”„

Positive developments surrounding the first spot Ether ETFs are fuelling the current price rally. Reports suggest the U.S. SEC might approve spot Ether ETFs, potentially due to political pressure. ๐ŸŽ‰

However, the $4,000 mark poses significant resistance. A move above this level could liquidate over $433 million worth of cumulative leveraged short positions. ๐Ÿ˜ฑ

What do you think, folks? Will Ether break the $4,000 mark or face a setback? Let's discuss in the comments! #Ether #CryptoNews #DeFi #Web3 #Technology