The recent price movement of Ethereum (ETH) can be described as a textbook case of psychology. Market manipulators seem to have a deep understanding of human nature, cleverly exploiting the fear and greed emotions of investors.

Looking back, ETH experienced several months of continuous declines, nearly touching the $1000 mark. This price movement triggered extreme panic among retail investors, with many worrying that their assets would further shrink. However, just as many investors were preparing to cut their losses and exit, the market suddenly reversed.

ETH price has skyrocketed as if it were on a rocket, quickly soaring to 2500 USD, and then even approaching 3600 USD. This dramatic rise has caught many investors off guard, making it difficult for them to find a suitable entry point. The psychological shadow caused by the previous sharp decline has led many to take a wait-and-see attitude towards this surge, fearing being trapped again.

Interestingly, the higher the price rises, the more hesitant some investors become. This psychological state is exactly what market manipulators hope for. By the time those impatient investors finally decide to enter the market, they often miss the best buying point and may even end up being trapped at a high price.

This phenomenon highlights the high speculation and volatility of the cryptocurrency market. For investors, it is crucial to maintain rational thinking, develop clear investment strategies, and stay constantly aware of market dynamics. At the same time, one should also be vigilant about potential market manipulation and not be swayed by short-term price movements. In this market full of opportunities and risks, calmness and judgment may be the most valuable investment tools.