Ether is on a roll, with over 90% of holders now in profit after a 5.7% rise in the past week. Yet, traders are on edge about whether ETH can surpass the $4,000 mark. Short positions are stacking up, with $1.43 billion at risk if Ether hits that level. Despite this, optimism persists. Funding rates are climbing, hinting at potential gains, though they're not yet at the heights seen during Ethereum's peak. Crypto influencers are buzzing, with some setting bold price targets. However, the market remains unpredictable, and investors should tread carefully.