The recent market trend of Ethereum (ETH) has been confusing and unsettling. The promising bull run seems to have come to an abrupt halt, disrupted by a sudden Black Swan Event. Many investors, including myself, have suffered significant losses and were even forced to close all positions. This situation arose so suddenly that we had no time to formulate any defensive strategies.

Such market fluctuations are indeed frustrating and helpless. The strong performance of the bears has completely overturned previous market expectations. It seems that now, it has become exceptionally difficult for ETH to break through the $3900 barrier.

In this case, investors may need to reassess their strategies. Staying cautious and vigilant may be a wise choice, while also closely monitoring market trends to adjust investment directions in a timely manner.

Despite the current severe situation, the volatility of the cryptocurrency market has always been one of its characteristics. For long-term investors, this may be an opportunity to reassess their investment portfolios and risk management strategies.

Regardless, it is crucial to remain calm and rational in this challenging market environment. Continuous learning and adapting to market changes may help us better seize opportunities in future markets.