硬幣局的蓋伊·特納（Guy Turner）在以太坊（ETH）上看跌是第二大加密貨幣資產徘徊在2021年11月的歷史高價58％左右。

在新視頻中，Turner告訴Coin Bureau YouTube頻道的266萬用戶，以太坊的表現不足（BTC）

Coin Bureau’s Guy Turner is becoming increasingly bearish on Ethereum (ETH) as the second-largest crypto asset trades around 58% below the all-time high price hit in November of 2021.

硬幣局的蓋伊·特納（Guy Turner）對以太坊（ETH）越來越看跌，因為第二大加密貨幣資產交易的交易比2021年11月的歷史高價高出約58％。

In a new video, Turner tells 2.66 million subscribers of the Coin Bureau YouTube channel that Ethereum has underperformed Bitcoin (BTC) over the past couple of months, despite expectations that ETH would follow the flagship crypto asset’s lead and rally.

在新視頻中，特納（Turner）告訴YouTube頻道的266萬訂戶，儘管ETH期望ETH會遵循旗艦加密資產的領導和集會，但在過去幾個月中，以太坊的表現不足。

“Ethereum’s performance has been so poor that it’s basically become a meme while BTC has rallied to new all-time highs in an eon. To be clear, ETH has yet to reclaim its 2021 high of around $4,900. In fact, Ethereum is one of the only major altcoins yet to experience any price movements for us to really get excited about. During this cycle, ETH’s price has struggled to break above the key resistance level of $4,000, which is significantly lower than its previous all-time high.

“以太坊的表現非常差，以至於基本上已經成為一個模因，而BTC已在Eon中獲得了新的歷史最高水平。要明確，ETH尚未收回其2021年高約4,900美元的高點。實際上，以太坊是唯一的替代品，可以在這一周期中獲得額外的價格，這是我們唯一的價格上漲，而超越了$ 4的價格。大大低於其以前的高高。

You only have to take a look at ETH’s price against BTC to see that Ethereum has been bleeding against Bitcoin since September 2022, with no real signs of that slowing down. All in all, then, it’s not looking good, bro.”

您只需要看一下ETH對BTC的價格，就可以看到以太坊自2022年9月以來一直在對比特幣流血，沒有真正的跡象表明這種情況正在放慢速度。總而言之，兄弟總而言之。 ”

Ethereum is trading at $2,066 at time of writing. It must rise to $4,000 in order to reach the 2021 high.

以太坊在寫作時的交易價格為2,066美元。為了達到2021年，它必須上漲至4,000美元。

According to Turner, the competition both within and outside of the ecosystem is one of the reasons Ethereum is underperforming.

根據特納（Turner）的說法，生態系統內部和外部的競爭是以太坊表現不佳的原因之一。

“In the eyes of many, the biggest thing hurting ETH’s price is the massive number of layer-2s within Ethereum’s ecosystem. Now, with so many layer-2s siphoning away liquidity from mainnet Ethereum, many believe that liquidity fragmentation is the biggest reason why ETH’s price has underperformed. And layer-2s have arguably stolen some of the venture capitalist mind share from mainnet Ethereum projects, which is another factor that could be impacting ETH’s price.”

“在許多人看來，傷害ETH價格的最大的事情是以太坊生態系統中的大量層數量數量大量2層。現在，由於Mainnet Etherereum的眾多2層虹吸流動性，許多人都認為流動性分裂是流動性ETH的最大原因是，某些人可能會遭受某種經驗。可以說，這是一個易於競爭的事物。 ETH的價格。”

Another challenge for Ethereum – and that’s the growing competition from those aforementioned Ethereum killers. For anyone unaware, these are smart contract blockchains that threaten Ethereum’s dominance by effectively offering an alternative to Ethereum. Now, some of the leading Ethereum-killers by market cap include Solana, BNB Chain, Aptos, Avalanche and Sui, among many others.”

以太坊的另一個挑戰 - 這是從上述以太坊殺手那裡越來越多的競爭。對於任何不知道的人來說，這些都是智能合同區塊鏈，通過有效提供以太坊的替代方案來威脅以太坊的統治地位。現在，劃定市值的一些領先的以太坊殺手包括Solana，BNB連鎖店，Aptos，Avalanche和Sui等。 ”

Turner further says that the macroeconomic landscape is also impacting Ethereum’s price.

特納進一步說，宏觀經濟的格局也影響了以太坊的價格。

“Another major challenge comes from the macro environment, specifically high interest rates. That’s because higher interest rates are reflected in government bonds, which are known for being a low-risk investment, especially compared to crypto, and they’re a popular investment vehicle among institutional investors. So, to put some numbers on this, the yield on US government bonds is 4.28%. Meanwhile, ETH staking offers a yield of just 3%. This means that institutional investors who love earning a consistent yield are much more inclined to stick with government bonds as a result.”

“另一個主要挑戰來自宏觀環境，特別是高利率。這是因為政府債券以低風險的投資而聞名，尤其是與加密貨幣相比，這是一種流行的投資，並且在機構投資者中是流行的投資工具。因此，為此，美國政府債券的收益率是4.28％的投資，這是一定的，這意味著一定的投資者。因此，更傾向於堅持政府債券。”