Recently, the crypto assets market has experienced significant turmoil. Ethereum (ETH), as one of the market benchmarks, saw its price undergo a thrilling fluctuation. From a high of $4370, ETH quickly fell to $4205, and this drop nearly turned $900 million in long positions into vapor.

This sharp fall is not without reason. It is reported that a group of hackers laundered and sold nearly 9000 ETH through the anonymous mixing tool Tornado Cash, which triggered panic in the market and led to a sharp decline in prices.

However, the resilience of the Crypto Assets market has once again been validated. Led by Bitcoin, signs of capital inflow have begun to appear in the market. Well-known exchanges such as Binance and Bitfinex have seen net inflows of over 2000 BTC, which undoubtedly provides a strong boost to the entire market. Meanwhile, the news of the new Federal Reserve board member taking office has also alleviated the market's tension to some extent.

Under the influence of multiple factors, the price of ETH has gradually stabilized and rebounded to around $4300. Nevertheless, there remains uncertainty about the future direction of the market. Investors should remain calm and avoid blindly "catching the bottom" or "chasing the fall".

Currently, the market focus is on whether ETH can break through the key level of $4365. If this level cannot be breached, it may indicate that more challenges lie ahead in the short term. In this complex and volatile market environment, investors need to remain vigilant, closely monitor market trends, and make rational investment decisions.

The recent fluctuation in the Crypto Assets market reminds us once again that although this field is full of opportunities, it is also accompanied by high risks. Whether it is individual investors or institutional participants, they should establish a comprehensive risk management strategy to cope with the market's uncertainties.