The Ethereum market is currently showing a frenzied upward trend, driven mainly by a massive influx of capital. The price target of $4,400 is now within reach, showcasing a short-term bull run. However, investors need to remain vigilant, as in a bull market, corrections often come more violently, and profit-taking sell-offs may trigger sharp falls.

Nevertheless, the long-term outlook for Ethereum remains bright. The robust development of its ecosystem and the continued allocation by institutional investors provide solid support for the medium to long term. If the price corrects to the range of $3,800 to $4,000, it may present an ideal opportunity for investors to position themselves.

In this market environment, investors should weigh risks and returns. In the short term, it is advisable to participate moderately in the upward trend, but at the same time, be prepared for possible pullbacks. In the long run, the fundamentals of Ethereum remain strong, and any significant price drop may present a good opportunity to increase holdings.

Regardless, it is crucial to maintain a rational and cautious attitude in this cryptocurrency market filled with opportunities and challenges. By closely monitoring market trends and reasonably allocating your investment portfolio, you can gain an advantage in this grand drama of digital assets.