Ethereum has reached a significant milestone, hitting the $4,000 mark for the first time since December 2021. This achievement marks a notable high not seen in over two years, signaling a massive rally in the cryptocurrency market. Ether, the second-largest cryptocurrency by market value, has shown remarkable performance, outperforming Bitcoin over the past 30 days with a 67% increase, compared to Bitcoin's 57% and the CoinDesk 20 Index's 53%. The surge in Ethereum's price, which has soared over 4% in 24 hours and 74% YTD, is part of a broader uptick in the market, with Ethereum experiencing a +60% increase in the last 30 days. Traders are now setting their sights on the $4,800 level, following Ethereum's bullish momentum that mirrors Bitcoin's movements, achieving a 2-year high above $4,000.