The price of Ethereum (ETH) has recently seen a significant fall, breaking below the key level of $4300. From a Technical Analysis perspective, the 4-hour Candlestick Chart shows that the price is approaching the middle band of the Bollinger Bands. If this fall effectively breaks through the middle band, it may trigger a deeper market correction.

Fortunately, before the market changed, some investors took timely loss-cutting measures to avoid greater losses. This once again emphasizes the importance of risk management in the cryptocurrency market.

Currently, the market situation remains unclear, and the previously anticipated entry opportunities may need to be reassessed. For investors intending to participate, the wisest course of action now is to remain patient and wait for clearer signals from the market before making decisions.

In this highly uncertain market environment, investors should act cautiously, closely monitor market trends, and take adequate risk prevention measures. At the same time, it is important to recognize the high volatility characteristics of the cryptocurrency market and not to be easily influenced by short-term price fluctuations, but rather to focus on long-term development trends and fundamental factors.