Ethereum has been trading in the $3.8K range over the last 24 hours. Recently, a substantial amount of approximately $85.87 million worth of Ethereum was liquidated. As traders monitor the price movements, the pressure on Ethereum could lead to significant price adjustments. Staying updated on Ethereum’s responsiveness to market trends will be essential for traders and investors. The potential for Ethereum to surpass the $4K mark soon adds further intrigue to the ongoing market dynamics.