The crypto assets market has performed impressively recently, especially the strong rise of Ethereum which has attracted widespread attention. Since July, the price of Ethereum has surged by 55%, approaching the significant barrier of 3800 dollars. Some analysts even predict that the target price of 5400 dollars is not out of reach. However, before achieving this ambitious goal, Ethereum still needs to overcome the critical resistance level of 4000 dollars.

From a technical analysis perspective, Ethereum currently presents a bullish 'inverse shoulder pattern'. This pattern is often viewed as a signal for price reversal, suggesting that the upward trend may continue. The first stage target of $2750 has been successfully achieved, and if this momentum can be maintained, it could theoretically reach a peak of $5400. However, to achieve this goal, it is essential to first break through the psychological barrier of $4000, which has hindered Ethereum's rise for nearly two years.

The booming development of decentralized finance (DeFi) has become an important factor driving the rise in Ether prices. Currently, the total value locked (TVL) in DeFi has reached its highest level in three years, approximately $140 billion, with 60% concentrated on the Ethereum network. This indicates a surge in demand for the Ethereum network, which may drive up 'gas fees' and support the rise in coin prices.

At the same time, the recovery of the non-fungible token (NFT) market has also brought positive news for Ethereum. In the past week, NFT trading volume increased by 14%, and sales rose by 5.62%, indicating an increase in market activity.

The participation of institutional investors may also become an important force driving the price rise. The attitude of the U.S. Securities and Exchange Commission (SEC) towards the physical redemption of Ethereum ETFs seems to be easing, which may open new channels for institutional funds to enter the Ethereum market.

Despite the promising market outlook, investors should still cautiously assess risks. The crypto assets market has always been highly volatile, with price trends influenced by various factors. When making investment decisions, one should fully consider market changes and personal risk tolerance.