The Ethereum (ETH) market has recently experienced a wave of severe fluctuation, but this may not be the end. Market observers have noted that the $3800 level could become an important support point. If this level can hold steady, it may provide investors with a potential get on board opportunity.

It is worth noting that when social media is flooded with a large number of Chinese memes, it is often seen as a signal of market risk. However, during market corrections, investment opportunities may arise instead.

From both short-term and long-term perspectives, such a dramatic decline is usually accompanied by a rebound. Possible rebound ranges include from $3800 to $4000, as well as from $4000 to $4300. However, the true turning point of the market is likely to depend on the performance of the key price level of $4000.

Investors should closely monitor these price levels and adjust their strategies according to market dynamics. At the same time, it is essential to keep in mind the high volatility of the cryptocurrency market, and effective risk management is crucial. Before making any investment decisions, thorough research and careful assessment are necessary steps.