Ethereum has recently performed remarkably, rising 33% in the last 30 days, but it still needs to overcome multiple challenges to break through $4,000. Funding rates and whale capital flows are key indicators. Currently, funding rates are leaning positive, indicating a strong bullish sentiment in the market. However, to achieve a significant year-end surge, more institutional capital may be needed. If the breakthrough is successful, Ethereum will enter a new round of price increases, and there is even hope to replicate the brilliance before the historical high in 2020.
Hesitation will ultimately lead to missed opportunities,