Within the depth-psychology corpus, the figure of the analyst occupies a position of structural ambiguity: simultaneously instrument, participant, and subject of the therapeutic process. No single unified portrait emerges; instead, the literature traces a sustained tension between the analyst as detached technician and the analyst as fully implicated human being. Jung’s insistence — acknowledged even by Freud — that the analyst must undergo analysis before analysing others established the foundational paradox: the healer is also wounded, the interpreter is also interpreted. Hillman presses this distinction against the medical model, arguing that the analyst’s openness to the soul differs categorically from the psychiatrist’s institutional authority. Guggenbuhl-Craig interrogates the shadow of the helping role, warning that the analyst may come to live vicariously through patients, surrendering vital personal life to their dramas. Jacoby attends to the microclimate of countertransference — the analyst’s boredom, power-needs, and unconscious projections — as diagnostic material. Ogden and Wiener extend the inquiry into intersubjective space, where the analyst’s reverie, emotional availability, and ‘second self’ become therapeutic instruments. Ferenczi’s clinical diary radicalizes the question by placing the analyst’s own analysis inside the session itself. Across these voices, the analyst is never merely a technique-bearer but an ethical and psychological agent whose inner condition is inseparable from the work.