The price of Ethereum (ETH) has recently experienced a rapid pullback, swiftly dropping from around $4500 to about $4220, triggering widespread attention and discussion in the market. This pullback is mainly attributed to two factors: first, the remarks of a well-known figure being interpreted by the media as detrimental to Crypto Assets; second, news regarding the unlocking of ETH stakes has raised investors' concerns about potential selling pressure.

However, a careful analysis of these two factors reveals that they do not constitute substantial bearish signals. First, the remarks of this well-known individual primarily concern regulatory and compliance issues, which are information that the market has already digested and do not represent new risks. Second, the process of ETH unstaking is gradual and is unlikely to lead to a sudden large-scale sell-off.

From a technical perspective, around $4200 is a significant support level. Even if the price drops further, there is stronger support around $4100. As long as these key levels are not broken, the overall upward trend of ETH remains intact. It's worth noting that ETH is quite close to its historical high of $4730, and at this critical moment, market leaders may use "false negatives" to shake the market and filter out more determined holders.

Therefore, although this pullback seems dangerous, it may actually be a process of "filtering chips". Once the market sentiment stabilizes, ETH is very likely to return to an upward oscillation track. It is especially important for investors to remain calm at such times. A price fall does not necessarily mean an increase in risk, but rather may bring new investment opportunities.

Overall, this pullback of ETH reflects the game between short-term market sentiment and long-term technical support. For investors who believe in the long-term development prospects of Ethereum, this may be a moment worth following. However, it is also important to remember that the Crypto Assets market is highly volatile, and investment decisions should be based on thorough research and risk assessment.