Ethereum's recent performance has been remarkable, with the price climbing to around $3940, a level that coincides with the descending trend line formed by connecting the previous bull run highs. This breakthrough of an important technical level undoubtedly injects new vitality into the market. However, investors still need to closely monitor the neckline resistance around $4100. If this key level can be successfully surpassed, Ether is likely to initiate a new pump, potentially even exceeding historical highs.

It is worth noting that the range of $3940 to $4100 will be key in determining short-term trends. Once this range is broken, the pressure from previous highs may be relatively easy to overcome. This potential breakout is significant not only for Ethereum but could also have far-reaching effects on the entire cryptocurrency market.

From a broader market perspective, the current bull run seems to be led by Ethereum. This trend is likely to continue into the upcoming altcoin season. Although opinions on the altcoin market may vary, it is crucial to maintain an open mind and closely follow market developments.

For investors, the most important strategy at this stage may be to remain patient and stick to long-term positions. The market is always full of uncertainties, but time often provides the final answer. In this potentially opportunity-filled period, rational analysis and cautious operations will be key for investors to cope with market changes.