Recently, Ethereum ( ETH ) price has experienced a pullback, attracting the market's follow. This adjustment is actually a normal phenomenon for the healthy development of the market.

According to the data, ETH previously rose from 2111 dollars to 3860 dollars, with an increase of 82%. Such a huge rise is followed by a certain degree of pullback, which is a reflection of the market's self-regulation.

The reasons for the price pullback are mainly as follows:
1. Profit taking: Some investors chose to take profits at high levels, which is a rational investment behavior.
2. Exiting the position: Some investors who were previously trapped chose to exit after the price increased.
3. Market adjustment demand: After a significant increase, a pullback of about 10% is actually quite reasonable.

It is worth noting that the volatility of the cryptocurrency market has always been significant. The fluctuations in prices are the norm in this market, and investors need to be fully mentally prepared.

In the long run, many analysts believe that the current pullback may be a brief pause in the bull market. With the continuous development of blockchain technology and the expansion of application scenarios, the cryptocurrency market may usher in new growth opportunities.

However, investors should also be vigilant about risks. While some smaller coins may yield high returns, they also come with higher risks. Therefore, it is essential to comprehensively consider one's risk tolerance when making investment decisions and not to follow blindly.

Overall, short-term fluctuations in the market should not affect the confidence of long-term investors. It is wise investment strategy to focus on the fundamentals of the project, technological development, and practical applications.