Ethereum (ETH) has finally broken through the key price level of $4400 today, driven by multiple favourable information factors. This important breakthrough brings ETH just one step away from the historical high of $4800 set in 2021.

Market analysts generally believe that if interest rates can be cut as scheduled in September this year, and the market environment remains stable without significant negative news, Ethereum is very likely to break through its historical high. This potential breakthrough is not only significant for Ethereum itself but may also trigger a chain reaction in the entire cryptocurrency market.

It is worth noting that the price trend of Ethereum is often seen as a barometer for the entire cryptocurrency market. If Ethereum successfully reaches a new high, it may trigger a comprehensive explosion in the market for other alternative coins (commonly known as "shitcoins"). This chain reaction could bring a new round of prosperity to the entire cryptocurrency ecosystem.

However, investors still need to remain cautious. The cryptocurrency market has always been highly volatile, and any sudden event can lead to a sharp change in market sentiment. Therefore, while focusing on potential opportunities in the market, one must also fully recognize the associated risks.

As September approaches, the market's attention will be focused on the monetary policy decisions of central banks around the world. These decisions could have a profound impact on the cryptocurrency market. Investors and market participants are closely watching the developments, anticipating a potential new bull market.