#以太坊价格动向# Reviewing the price history of Ethereum, I can't help but think of the bull run in 2017. Back then, ETH skyrocketed from under $10 to over $1400, an astonishing rise. Now seeing ETH break through the $4000 mark again, I can't help but marvel at the cyclical nature of the market.

The hedging strategy proposed by 0xSun is quite interesting, going long on ETH while shorting altcoins to achieve a steady return of 16%. This reminds me of the early relationship between Bitcoin and other cryptocurrencies - when BTC rises, other coins tend to lag behind. Nowadays, ETH seems to be becoming the new "leader."

However, we must also be wary of excessive optimism. History tells us that any strategy during a bull run may seem smart, but a bear market is the true test. The crash in 2018 caught many people off guard. Therefore, regardless of the strategy taken, risk management is always the primary consideration.

The current trend of ETH is indeed strong, but we cannot ignore the development of other Layer 1 public chains and Layer 2 solutions. The future landscape may become more complex. As a veteran who has experienced multiple cycles, I advise everyone to maintain a cautiously optimistic attitude, seizing opportunities while also preparing for potential pullbacks. After all, in this rapidly changing industry, the only constant is change itself.