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

In the historical bull market of the crypto market, Ethereum usually experiences two rounds of rise, and the second round of gains usually greatly exceeds the first round. By observing Ethereum's market value, actual circulation value ratio and price trend, the current rising cycle may be the beginning of a second bull market.

Ethereum's strong performance has attracted the attention of a large number of investors. As ETH breaks through key technical levels and the volume of open contracts surges, the market's bullish outlook for ETH becomes clearer. Especially in the context of Bitcoin's pullback, Ethereum has gradually become a gathering place for funds, showing strong market appeal.

As the possibility of ETH prices further breaking through $4,000 increases, Ethereum may usher in a larger inflow of funds, which will not only bring opportunities for ETH itself to rise, but also may promote the prosperity of the entire Ethereum ecosystem.

In the coming months, ETH's rise may continue, and with the general rise of Ethereum ecological tokens, the market may usher in a new round of crypto asset investment climax.

ETH's prospects look bright. As funds continue to flow in, the arrival of the second bull market may further verify Ethereum's important position in the cryptocurrency market.

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