Ethereum's performance indicates that it is entering a second bull market

Historically, during bull markets in the cryptocurrency market, Ethereum typically experiences two rounds of increases, with the second round usually exceeding the first round significantly. By observing Ethereum's market capitalization, actual circulation value ratio, and price trends, the current upward cycle may be the beginning of a secondary bull market.

Ethereum's strong performance has attracted a large number of investors' attention. As ETH breaks through key technical levels and open contract volumes surge, the market's bullish outlook for ETH becomes increasingly clear. Especially in the context of Bitcoin's correction, Ethereum is gradually becoming a hub for capital, demonstrating strong market appeal.

With the increasing likelihood of ETH's price further breaking through $4,000, Ethereum may welcome larger-scale capital inflows, which not only brings upward opportunities for ETH itself but may also drive the prosperity of the entire Ethereum ecosystem.

In the coming months, ETH's upward momentum may continue, and alongside a broad increase in Ethereum ecosystem tokens, the market may usher in a new wave of cryptocurrency investment frenzy.

The outlook for ETH looks bright. As capital continues to flow in, the arrival of a secondary bull market may further validate Ethereum's important position in the cryptocurrency market.