Which statement correctly differentiates endocrine hormones from paracrine hormones?

Endocrine hormones affect only nearby cells, while paracrine hormones travel through the bloodstream.

Both endocrine and paracrine hormones travel long distances to affect target cells.

Paracrine hormones are always lipid-based, while endocrine hormones are not.

Endocrine hormones travel long distances through the bloodstream, while paracrine hormones affect nearby cells.