ETH near a new all-time high?

Ethereum is on investors' radar as it approaches a possible new record in value.

The cryptocurrency has shown a steady increase, surpassing $3,970 at the start of the last week of May.

This growth coincides with rumors about the possible approval of Ethereum spot ETFs by the SEC.

Although it faces resistance around $4,000, if it manages to break this level, it could push its way into uncharted territory from its all-time high in November 2021.

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