Recently, the price of Ethereum may dip to the 3700 range, and this trend is worth following by investors. If this prediction comes true, we might see a widespread pullback in the entire altcoin market in the coming hours.

Currently, Ethereum plays a key role in the cryptocurrency market. Any pullback action it takes may provide opportunities for many alts to wash out or experience a sharp dip. This situation contains both opportunities and risks.

In the current market conditions, blindly chasing highs is clearly not a wise move. Investors should be fully mentally prepared and carefully assess whether the magnitude of each pullback is sufficient to decide whether to increase their positions during the pullback, by how much, and where to set their stop-loss points.

Moreover, investors need to think carefully about when and how to exit these newly added positions during the pullback, as well as what proportion to exit that would be most appropriate. Each investor may have different strategies and judgments, but being prepared for a pullback in advance and establishing clear operational standards beforehand is crucial for every market participant.

In this rapidly changing cryptocurrency market, staying alert and being flexible are the keys to success. Whether experienced traders or novice investors, everyone should adjust their strategies in a timely manner according to market changes to maximize profits and control risks.