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#ETH 1. Regulations and Important Decisions Driving the Surge
President Trump signed an executive order allowing Americans to include crypto assets in their 401(k)—which, if considered, opens investment opportunities of up to US$8.9 trillion into the crypto sector. Ethereum responded positively with an increase of about 4.8% in the last 24 hours.
2. Ethereum Reaches Highest Level This Year—Breaks US$4,000
ETH has successfully broken the $4,000 level for the first time since December 2024. According to CoinDesk, there has been an increase of about 3.5% in the last 24 hours.
Another article mentions an increase of 5.59%, with technical indicators like Bull-Bear Power and RSI supporting bullish momentum. The resistance target is now around US$4,131—and the potential continues up to US$4,900 if momentum remains solid.
3. The Entry of Large Capital (Whale & Institutional)
A number of "whales" or large institutions have accumulated ETH worth US$122 million, pushing the price up by about 13% to US$3,856.
There are also reports of institutional purchases worth US$667 million in 4 days, plus whales coming back in worth US$12.85 million, as well as a daily transaction record of 1.74 million—all supporting bullish sentiment for Ethereum.
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Conclusion
Yes, Ethereum has indeed experienced a drastic surge ( today. The main factors are:
1. Favorable regulations for ) crypto inclusion in 401(k()
2. Breakthrough of the psychological price level—US$4,000 for the first time this year
3. The influx of large funds )whale/institutional( reflects the confidence of large investors.