Ethereum (ETH) has recently shown strong momentum, with prices continuously soaring, surpassing $3,684 by the end of December, marking a new high in several months. This surge has not only made ETH the focus of the market but has also driven a general rise in ecosystem tokens such as ENS and EIGEN. Analysts believe this wave of market activity may signify Ethereum entering a secondary bull market cycle, with underlying drivers including improved technical factors, restored market confidence, and heightened expectations for the approval of ETH ETFs. As the cryptocurrency market warms up, Ethereum demonstrates strong appeal, continuing to lead the investment boom in the blockchain sector.