貝萊德的以太坊（ETH）BUIDL基金的價值三倍：Altcoin季節到來？

隨著加密貨幣市場表現出早期勢頭的暫定跡象，爭論加劇了“ Altcoin季節”是否終於到達了“ Altcoin季節”（替代加密貨幣的時期）。

The crypto market is showing tentative signs of early momentum, and with that, debate intensifies over whether “altcoin season” – a period where alternative cryptocurrencies significantly outperform Bitcoin – is finally arriving.

加密市場正在顯示早期勢頭的暫定跡象，隨之而來的是，辯論對“ Altcoin季節”（替代加密貨幣的時期都顯著勝過比特幣）是否終於到達了。

One interesting data point fueling this speculation is the remarkable performance of BlackRock’s Ethereum (ETH) BUIDL fund. According to crypto analyst Ted Pillows, the fund tripled in value over just three weeks, now managing nearly $1.87 billion.

促進這種猜測的一個有趣的數據點是貝萊德以太坊（ETH）BUIDL基金的出色表現。根據加密分析師TED Pillows的說法，該基金的價值在短短三個星期內增加了兩倍，現在管理近18.7億美元。

This signals strong institutional interest in ETH, and historically, such inflows, especially from major players like BlackRock, often precede a wider altcoin upswing.

這表明對ETH的機構興趣很大，從歷史上看，這種流入尤其是貝萊德（Blackrock）等主要參與者，通常是在更廣泛的山寨幣上升之前。

Crypto analyst Ted Pillows highlights the rapid ascent of BlackRock's Ethereum BUIDL fund, which tripled in value over just three weeks, now managing nearly $1.87 billion.

加密分析師TED Pillows強調了BlackRock的Ethereum Buidl基金的迅速上升，該基金的價值在短短三週內，現在管理了近18.7億美元。

According to associated data, capital deployed across multiple chains also saw an exponential increase, with Ethereum showing dominance over other networks in this latest institutional flow.

根據相關數據，部署在多個鏈中的資本也呈指數增長，以太坊在此最新機構流中表現出對其他網絡的統治地位。

suggest strength in ETH could translate to gains in other projects built upon or competing with the Layer-1 smart contract platform, potentially leading to a broader altcoin market advance.

建議ETH中的力量可以轉化為基於其他項目或與1層智能合約平台競爭的增長，這可能會導致更廣泛的Altcoin市場前進。

Key Levels and Analyst Targets

關鍵水平和分析師目標

Currently, ETH trades around $2,035, down slightly in the past 24 hours, according to CoinMarketCap data.

根據CoinMarketCap數據，目前，ETH在過去24小時內略有下跌約2,035美元，略有下跌。

A key near-term resistance level sits at the 20-day Exponential Moving Average (EMA) near $2,051. A decisive break above this level could signal continuation of the upward trend, while failure might lead to short-term consolidation.

一個近期的關鍵阻力水平是20天的指數移動平均線（EMA），近2,051美元。高於此水平的決定性突破可能表明延續上升趨勢，而失敗可能導致短期合併。

Analyst Ali Martinez remains bullish, placing targets for ETH at $2,300 with sustained buying pressure, but also notes a potential drop towards $1,300 in a bearish market scenario.

分析師阿里·馬丁內斯（Ali Martinez）仍然看漲，將ETH的目標定為2300美元，並持續購買壓力，但也指出在看跌市場的情況下，潛在的下降了1300美元。

BTC Dominance Nears Historical Resistance: Alt Season Trigger?

BTC優勢接近歷史抵抗：ALT季節觸發？

Adding another layer to the altcoin season outlook, analyst Crypto Rover shared a chart indicating Bitcoin dominance (BTC.D) – Bitcoin’s market cap share relative to the total crypto market – is approaching critical trendline resistance.

分析師Crypto Rover在Altcoin季節前景中增加了另一層，分析師分享了一個表明比特幣優勢（BTC.D）的圖表 - 比特幣的市值相對於總加密市場的份額 - 正在接近關鍵趨勢線阻力。

According to his analysis, this descending trendline has historically marked the beginning of significant altcoin outperformance when BTC dominance was rejected at this level.

根據他的分析，這種下降的趨勢線歷史上標誌著當BTC在此級別拒絕BTC優勢時，重要的Altcoin勝過了巨大的表現。

This pattern was observed preceding major altcoin runs in 2018 and 2021, which resulted in substantial gains across the altcoin sector.

在2018年和2021年運行之前，觀察到了這種模式，這導致了整個Altcoin部門的大幅增長。

If this pattern repeats, capital could soon rotate out of Bitcoin and into Ethereum, and subsequently into other altcoins, potentially fueling a market-wide rally.

如果這種模式重複，資本可能很快就會從比特幣中旋轉到以太坊，然後進入其他山寨幣，可能會加劇整個市場的集會。