The article focuses on the potential for a major move in the price of Ethereum, with analysts watching for a breakout above $4,000. If this resistance level is breached, Ethereum could climb to $7,400, $10,000, or even $14,000. However, the current price hovers around $2,705.34, reflecting a 2.36% drop in the last 24 hours. Support is found at $1,850, while resistance at $4,000 poses a major barrier. The article also mentions a period of consolidation, setting the stage for a sharp move that could change the market outlook. Furthermore, it highlights shifts in trading volume and interest in the derivatives market, with XRP futures declining but options activity surging. The article also mentions Ethereum's upcoming major upgrade, Pectra, which aims to enhance speed and efficiency across the network. The upgrade will launch on testnets before being deployed on the mainnet. The article concludes by mentioning Ethereum developers planning the next major upgrade, Fusaka, which may include core proposals like EOF and PeerDAS.



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