Is Ethereum Capable of Exceeding $4K Amid the Continuation of the Rally?

According to Santiment, Ethereum’s recent price surge is being paralleled by the most optimistic crowd sentiment seen since September. The surge in optimism can largely be attributed to the anticipation of the U.S. Securities and Exchange Commission (SEC) granting approval for the first Ethereum Exchange-Traded Funds (ETFs). This potential approval has played a significant role in driving up Ethereum’s price, while sentiments towards Bitcoin and Solana remain somewhat pessimistic.