Ethereum (ETH) recently successfully broke through the $4000 mark, attracting widespread follow from the market. This breakthrough marks a significant shift in the ETH price structure, ending years of Sideways consolidation and expanding wedge formation.

Analysts believe that this breakthrough indicates that the long-term bull market trend may soon resume. The price movement of ETH is no longer just reacting to market noise, but is preparing for potential gains.

Based on the trend after the current technological breakthrough, some traders have set the next major target price for ETH at over $10,000. This prediction is based on the depth of the wedge pattern and the momentum that ETH has recently accumulated.

However, market participants need to remain calm and rational. Such significant price fluctuations usually take time to materialize. Historical experience shows that after similar breakouts, ETH often enters a consolidation phase, which can be a slow sideways consolidation process that tests investors' patience.

This sideways phase may cause some uncertainty and even frustrate certain investors who expect quick profits. However, it is important to recognize that this seemingly 'annoying' period is actually a natural part of the market cycle. It helps to reset momentum indicators and establish stronger support before a sustained rise.

For investors who understand market cycles, the current stage should not trigger panic or overtrading, but rather a state of vigilance and patience. Breaking through $4000 has already been a significant victory for the bulls. The next round, which may point to a rise to $10,000, will require time, sustained bullish sentiment, and broader support from the cryptocurrency market.

Overall, Ethereum's breakthrough has brought new opportunities and challenges to the market. Investors need to remain optimistic while fully recognizing the complexity and uncertainty of the market, and be prepared for long-term planning and risk management.