Ethereum (ETH) experienced a significant price fluctuation early this morning. The price surged sharply in a short period, exceeding the expectations of many traders. Fortunately, some vigilant investors cut their losses in time, avoiding potential losses.

After reaching a high of $4452, the price has clearly encountered resistance. Currently, a downtrend has formed, which may provide a buying opportunity for cautious investors.

However, in the current volatile market environment, it is necessary to exercise extra caution when trading. Investors are advised to closely monitor the price levels around $4400 and $4450, as these may be key resistance levels. At the same time, $4340 and $4380 can be considered as potential target price levels.

It is worth noting that the cryptocurrency market is constantly changing, and investors should always remain vigilant, setting strict stop-loss strategies to protect their funds. Additionally, market analysis and trading decisions should be based on a comprehensive set of factors, including technical aspects, fundamentals, and overall market sentiment.

Finally, please remember that any investment advice should be weighed according to individual risk tolerance and investment goals. Before engaging in any trades, it is essential to conduct thorough research and risk assessment.