#ETH突破$4,600 In the early hours of the morning in the Asia time zone, the crypto market welcomed a historic moment — Ethereum broke through $4600, reaching a three-year high, while Bitcoin approached the $120,000 mark. This market trend, driven by institutional capital, is not just a random market fluctuation, but a symbolic turning point indicating the transition of digital assets from retail investor speculation to institutional allocation. Since climbing from the low of $1385 in April to $4640, Ethereum has achieved a 228% rise in just four months, coupled with macro support of over 1% in the intraday performance of the Nasdaq and Dow Jones in the U.S. stock market, officially entering a new cycle of "institutional dominance, led by Ethereum."