#以太坊价格突破4000美元# Looking back at the bull runs of 2017 and 2020, the current trend of Ethereum feels quite familiar. After breaking through the $4000 double top resistance level, a new historical high of $5000 seems just around the corner. However, the market never moves in a straight line, so we must remain rational and stick to the strategy of increasing the position during bull market trends and pullbacks.

It is worth noting that this round of increase is not an isolated event. Bitcoin is consolidating around $120,000, providing a favorable market environment for Ethereum's rise. Meanwhile, the overall cryptocurrency market is also showing a positive trend, with sectors such as DeFi and RWA expected to usher in a new round of development.

From a longer-term perspective, the value potential of Ethereum may far exceed our imagination. At this time last year, Ethereum had a market value comparable to Tesla, and now Tesla has doubled to $1 trillion, while Ethereum's market value growth has lagged relatively. Considering Ethereum's advantageous position in the "consensus first" track, as well as traditional funds' preference for the programmability of crypto assets, I believe that Ethereum is likely to surpass Tesla's market value in the future.

Of course, we also need to pay attention to some potential catalysts. For example, if the Ethereum staking ETF is approved, it could further unleash the potential for price increases and on-chain activity. This would make ETH a yield-bearing asset that institutions can allocate, bringing new growth momentum to the market.

Overall, although the current surge in on-chain activities in Ethereum has not yet fully reflected in the price, we have reason to remain optimistic about the future of Ethereum as market confidence strengthens and value reassessment takes place. However, investment always requires caution, and it is recommended that everyone not only pay attention to short-term fluctuations but also focus on long-term value.