Is $4,000 next for Ethereum? Expert analysis

Is $4,000 next for Ethereum? Expert analysis
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Ethereum (ETH) is the second largest cryptocurrency by market capitalization in the world — although the distance between it and Bitcoin (BTC) is vast in absolute terms. Similarly, the performance of the two leading digital assets has differed substantially throughout 2024. 
At press time, Bitcoin was trading at $96,044,00 — with year-to-date (YTD) gains standing at 127.15%. In contrast, Ethereum’s returns thus far have been twice as small, at 62.01% on a YTD basis. However, on December 4, ETH surpassed a critical threshold — reclaiming and shooting past its monthly open, with prices reaching levels slightly above the $3,800 mark for the first time since July.
ETH price YTD chart. Source: CoinMarketCap
Unlike Bitcoin, which had an extended period of sideways price action (at least by the standards of a cryptocurrency), ETH has seen significant volatility over the course of the year. As its larger competitor has stalled on its way to a $100,000 price point, alt sea

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