Recently, the cryptocurrency market has been heating up, with Ethereum (ETH) standing out in particular, garnering more attention than Bitcoin. Analysts predict that ETH may challenge the key level of $4040, with the potential to set a new high for the year.

From the market dynamics, despite the pullback of Bitcoin, Ethereum has shown strong resilience, driving the strength of other Crypto Assets. This trend effectively alleviates the panic selling sentiment in the market. The strong performance of ETH may trigger investors to shift funds from Bitcoin to Ethereum in hopes of obtaining higher returns.

Industry insiders point out that, in addition to following the Bitcoin dominance index (BTC.D) reaching a peak, the breakthrough of Ethereum above the $4000 mark could also become an important indicator for the arrival of the altcoin season. As Ethereum continues to strengthen, the market generally holds an optimistic attitude towards its future performance.

However, investors still need to be cautious, closely follow market changes, and manage risks appropriately. The Crypto Assets market is constantly changing, and any investment decision should be based on thorough research and rational analysis.