Ethereum is currently facing a critical resistance at 4,000 USD, reminiscent of past resistance levels in 2020. Historical patterns show that breaking this level could lead prices towards 5,000 USD and potentially 6,000 USD within a span of 6-8 weeks.

The World Liberty Fund recently acquired 3,247 ETH, bringing their total to 189 million USD, showcasing a strong accumulation trend. Increased activity from mega investors further signals confidence in Ethereum’s long-term potential.

Ethereum’s Open Interest has surged, indicating heightened trading interest despite price fluctuations. This trend suggests a potential upward trajectory for Ethereum if current resistance levels are overcome, mirroring its historical price action.