The crypto assets market has once again experienced a rollercoaster-like trend. The price of Ethereum (ETH) broke through the key resistance level of $4400, triggering a fervent reaction in the market. However, this rise was not smooth sailing, as the ETH price subsequently underwent a pullback, falling below the support level of $4100.

This extreme price volatility has had a significant impact on traders. According to analysis, if ETH continues to rise, the cumulative short positions on centralized exchanges (CEX) could face liquidation risks of up to $1.24 billion. Conversely, if prices fall further, long traders may encounter liquidation pressure of up to $3.25 billion. This bidirectional liquidation risk highlights the current market's high uncertainty and volatility.

At the same time, the macro environment of the Crypto Assets market is also changing. Regulatory agencies are adjusting their attitudes towards crypto assets, which may have far-reaching effects on the market. In addition, market participants are closely monitoring the liquidity conditions of Bitcoin, as well as the Federal Reserve's stance on cryptocurrencies.

This complex market environment presents challenges for investors while also creating opportunities. Analysts suggest that investors should remain vigilant, closely monitor market trends, and develop flexible investment strategies to cope with potential situations that may arise.

Overall, the dramatic fluctuations in Ethereum's price reflect the vitality and uncertainty of the Crypto Assets market. Whether traders or long-term investors, it is essential to remain alert and rational in this rapidly changing environment, weighing risks and rewards to make informed investment decisions.