儘管有看跌的情緒，但分析師預言了700％的ETH集會，宏觀經濟事件助長了

以太坊（ETH）市場是廣泛的加密貨幣生態系統的縮影，最近幾週一直是敘事衝突的戰場。

The Ethereum (ETH) market, a microcosm of the broader cryptocurrency ecosystem, has been a battleground of conflicting narratives in recent weeks. A confluence of macroeconomic events, headlined by the introduction of Donald Trump’s tariff plans, has injected a potent dose of fear and uncertainty, triggering a significant price correction and prompting a notable exodus of ETH from whale wallets. However, amidst this bearish sentiment, a cadre of analysts is emerging, prophesying a dramatic recovery and even a 700% rally, fueled by the very macroeconomic forces that triggered the downturn.

以太坊（ETH）市場是廣泛的加密貨幣生態系統的縮影，最近幾週一直是敘事衝突的戰場。引入唐納德·特朗普（Donald Trump）的關稅計劃的標題為宏觀經濟事件的匯合，已經註入了有力的恐懼和不確定性，引發了重大的價格糾正，並促使人們從鯨魚錢包中出現了ETH的顯著外流。但是，在這種看跌的情緒中，一群分析師正在出現，預言了戲劇性的恢復，甚至是700％的集會，這是由於觸發低迷的非常宏觀經濟的力量所推動的。

This stark contrast between the actions of short-term traders, particularly whales offloading substantial ETH holdings at a loss, and the optimistic forecasts of seasoned analysts underscores the inherent volatility and unpredictability of the cryptocurrency market. As investors grapple with the immediate impact of market fluctuations, they must also contend with the long-term implications of macroeconomic events and the potential for a swift and dramatic reversal.

短期交易者的行動，尤其是鯨魚的行動之間的這種形成鮮明對比，造成了大量ETH持有的損失，而經驗豐富的分析師的樂觀預測強調了加密貨幣市場的固有波動和不可預測性。當投資者應對市場波動的直接影響時，他們還必須與宏觀經濟事件的長期影響以及迅速而引人注目的逆轉潛力。

The Whale’s Retreat: A $6.82M Offload Amidst Fear and Loss

鯨魚的撤退：在恐懼和損失中的682萬美元卸貨

Ethereum, despite its status as the second-largest cryptocurrency by market capitalization, has not been immune to the market’s recent turbulence. The introduction of Trump’s tariff plans, coupled with other macroeconomic headwinds, has precipitated a 10% decline in ETH’s price over the past week, exacerbating the asset’s 54% drop from its December 2024 peak. This precipitous fall has eroded investor confidence, particularly among short-term holders, who have reportedly incurred losses exceeding $400 million.

儘管以太坊的地位是市場資本化的第二大加密貨幣，但並不能免疫該市場最近的動盪。在過去一周中，特朗普的關稅計劃的引入以及其他宏觀經濟逆風的逆風加劇了ETH的價格下降了10％，這加劇了該資產從2024年12月的峰值下降了54％。這種急劇下跌侵蝕了投資者的信心，尤其是在短期持有人中，據報導，損失超過4億美元。

Amidst this climate of fear and uncertainty, a significant whale transaction has come to light. An Ethereum whale, seemingly capitulating to the prevailing bearish sentiment, offloaded 3,732 ETH, equivalent to $6.82 million, on the Coinbase exchange. This transaction, executed at a loss, underscores the extent of the fear gripping the market. Should the whale liquidate these holdings at the current price, they stand to incur a staggering $1.8 million loss.

在這種恐懼和不確定性的氣氛中，一項重大的鯨魚交易已經揭示。一條以太坊的鯨魚似乎屈服於普遍的看跌感情，在Coinbase Exchange上卸下了3,732 ETH，相當於682萬美元。這項交易虧本執行，強調了恐懼席捲市場的程度。如果鯨魚以當前價格清算這些持股，他們將造成驚人的180萬美元虧損。

This whale’s decision to offload ETH at a loss is a stark illustration of the emotional rollercoaster that often accompanies cryptocurrency trading. The fear of further losses can override rational decision-making, leading to panic selling and exacerbating market downturns.

該鯨魚決定虧本卸載ETH的決定是經常伴隨加密貨幣交易的情感過山車的鮮明例證。擔心進一步損失會覆蓋理性的決策，從而導致恐慌銷售和加劇市場的低迷。

The Bullish Bastion: Long-Term Holders and Staking Resilience

看漲堡壘：長期持有人和固定彈性

Despite the bearish sentiment and the whale’s retreat, there are signs of resilience among long-term Ethereum holders. ETH staking and exchange reserve reports indicate that these investors are maintaining a bullish outlook, suggesting a belief in the asset’s long-term potential.

儘管看跌和鯨魚的撤退，但長期以太坊持有人的韌性跡象。 ETH Staking and Exchange Reserve報告表明，這些投資者正在維持看漲的前景，這表明對資產的長期潛力有信念。

ETH staking, which involves locking up ETH to support the network and earn rewards, demonstrates a commitment to the asset’s future.1 The continued participation of long-term holders in staking activities suggests that they are unfazed by short-term price fluctuations and remain confident in Ethereum’s long-term value proposition.

ETH Staking涉及將ETH鎖定以支持網絡並贏得獎勵，這表明了對資產未來的承諾。 1長期持有人繼續參與放入活動，這表明他們對短期價格的波動不滿意，並且對Ethereum的長期價值主張保持信心。

Furthermore, the stability of ETH exchange reserves indicates that long-term holders are not rushing to sell their holdings, even amidst the price decline. This suggests a belief that the current downturn is temporary and that Ethereum will eventually recover.

此外，ETH Exchange儲量的穩定性表明，長期持有人也不急於出售其持股，甚至在價格下降中。這表明一種信念，即當前的衰退是暫時的，以太坊最終會恢復。

The Analyst’s Gambit: A 700% Rally Fueled by Macroeconomic Events

分析師的gambit：由宏觀經濟事件推動的700％集會

Amidst the prevailing bearish sentiment, a group of analysts is emerging with a contrarian perspective, predicting a dramatic recovery and even a 700% rally for Ethereum. These analysts, like CryptoELITES, believe that the current price levels represent a buying opportunity, with ETH poised to rebound strongly by the end of the year.

在普遍的看跌情緒中，一群分析師以逆勢觀點出現，預測了戲劇性的恢復，甚至是700％的以太坊集會。這些分析師像CryptoElites一樣，認為當前的價格水平代表了購買機會，ETH準備在今年年底之前強烈反彈。

Their bullish thesis is predicated on the belief that the current downtrend is primarily driven by macroeconomic factors, such as Trump’s tariffs and inflation concerns, rather than a fundamental flaw in Ethereum’s technology or adoption. They argue that these macroeconomic headwinds are temporary and that the market will eventually recognize Ethereum’s intrinsic value.

他們的看漲論點是基於這樣的信念，即目前的下降主要是由宏觀經濟因素驅動的，例如特朗普的關稅和通貨膨脹問題，而不是以太坊技術或採用的基本缺陷。他們認為這些宏觀經濟的逆風是暫時的，市場最終將認識到以太坊的內在價值。

One analyst, symbiote, posits that the rise in gold prices and inflation will eventually lead to their fall, prompting investors to seek refuge in cryptocurrencies. He argues that if inflation comes under control, investors will shift their focus to riskier assets like crypto, triggering a significant price rally.

一位分析師Symbiote認為，黃金價格和通貨膨脹的上漲最終將導致其下降，促使投資者尋求加密貨幣的庇護。他認為，如果通貨膨脹受到控制，投資者將把重點轉移到加密貨幣等風險的資產上，從而引發了大量的價格集會。

To bolster their bullish predictions, analysts often cite historical precedents, such as Ethereum’s 2017 rally, where it surged from $30 to $1,400, delivering a 46x return.2 They believe that similar macroeconomic conditions could create a fertile ground for another dramatic price surge.

為了提高看漲的預測，分析師經常引用歷史先例，例如以太坊的2017年拉力賽，從30美元飆升至1,400美元，帶來了46倍的回報。 2他們認為，類似的宏觀經濟狀況可能會給另一種巨大的價格飆升帶來肥沃的地面。

The Trump Card: The Influence of Macroeconomic Policies

王牌：宏觀經濟政策的影響

The analysts’ bullish predictions, however, are contingent on the unfolding of macroeconomic events, particularly those related to Trump’s policies. The introduction of tariffs, which can disrupt global trade and exacerbate inflation, has already had a significant impact on investor sentiment.

然而，分析師的看漲預測取決於宏觀經濟事件的展開，尤其是與特朗普政策有關的事件。關稅的引入可能破壞全球貿易和加劇通貨膨脹，已經對投資者的情緒產生了重大影響。

The upcoming tariff announcements and inflation reports will be closely scrutinized by market participants. If these events align with the analysts’ predictions, they could trigger a

即將到來的關稅公告和通貨膨脹報告將受到市場參與者的嚴格審查。如果這些事件與分析師的預測一致，則可以觸發