Ethereum (ETH), as a leading cryptocurrency, has been under the spotlight since its inception. On December 16, 2024, ETH prices broke past the $4,100 mark, reaching an all-time high. However, this milestone was followed by significant selling pressure, which intensified market volatility. 1. Background of ETH Surpassing $4,100 To analyze the subsequent selling pressure, it’s essential to understand why ETH was able to break through the $4,100 level. On December 16, ETH's price continued to ri...