Let's talk about the issue of ETH hitting $4000, but first, we need to take a look at its past performance.

Ethereum has come close to or even spiked up to the $4000 mark several times in the past. Take the period from October to December 2021, for example; the price was skyrocketing like a rocket, just a breath away from $4000. Recently, Ethereum has also been gathering momentum, attempting to cross this hurdle multiple times, and sometimes it has really managed to hold its ground.

Now, looking at the current market, as of recently (around December 10, 2024), Ethereum has genuinely broken through the significant barrier of $4000. The momentum is incredible! Market and technical indicators, like RSI and OBV, are showing that Ethereum has a pretty reliable support at around $3560, and the signals for an upward trend are clear.

However, regarding future trends, no one can be certain. Some analysts have come out saying that if Ethereum can push further and break through the tough barrier of $4540, it might be like hacking the game, soaring all the way, and who knows, it might touch the threshold of $10,000 one day. But, you know how the market is; who can predict it? Price fluctuations, market sentiment, macroeconomics—each of these factors can influence Ethereum's price in some way.

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