在過去一周中，以太坊價格下降了10％，目前正在測試關鍵的支持水平，然後進行重大的ETH鯨魚拋售

儘管如此，一些市場分析師認為，ETH將很快開始超越比特幣。受歡迎的分析師邁克爾·范德·波普（Michael van de Poppe）表示，由於黃金表現出升高的跡象，Altcoins很快就會開始增強動力。

Ethereum price has dropped by 10% over the past week and is now testing crucial support levels following a heavy ETH whale selloff.

在過去一周中，以太坊價格下跌了10％，現在正在測試重大的ETH鯨魚拋售後的關鍵支持水平。

While ETH has bounced back from the support of $1,800, analysts are weighing in on how low it can go further from here.

儘管ETH從1,800美元的支持中反彈了，但分析師正在權衡它從這裡走得更遠。

Some analysts believe that the largest altcoin is currently facing a make-or-break scenario.

一些分析師認為，目前最大的Altcoin正在面臨製造或破壞場景。

Ethereum Price – A Do or Die For Investors?

以太坊價格 - 為投資者而死？

With a 44% drop since the beginning of 2025, Ethereum price has been lagging behind and is strongly in a bearish grip. The monthly chart reveals that ETH has been trading inside a well-defined channel since 2018, with clear ‘Top Level’ and ‘Bottom Level’ boundaries.

自2025年初以來下降了44％，以太坊的價格一直落後，並且強烈抓住了看跌。每月圖表表明，自2018年以來，ETH一直在定義明確的渠道內進行交易，並具有清晰的“最高水平”和“底層”邊界。

The price is currently testing what analysts have labeled the ‘Make or Break Level’ – a mid-channel resistance zone that has historically determined significant price movements. As we can see from the above image, ETH is trading in a critical support range.

價格目前正在測試哪些分析師標記為“品牌或打破水平”的價格，這是一個中頻道阻力區，歷史上已經確定了重大的價格變動。從上圖中可以看到，ETH正在關鍵支持範圍內交易。

If the ETH price bounces from here, the road to $20,000 and above is open for the altcoin. However, if it fails to hold this support, it can also crash under $1,000 levels, all the way to $610.

如果ETH價格從這裡彈跳，則替補幣將開放至20,000美元及以上的道路。但是，如果它無法持有此支持，它也可能在1,000美元以下崩潰，一直至610美元。

For the first time in history, Ethereum has ended all three months of Q1, in negative territory.

以太坊首次在負面的領土上結束了第1季度的三個月。

According to analysts, Q2 would be better. Our Ethereum price prediction shows that ETH would continue to flirt around $1,880 levels over the next month.

根據分析師的說法，第二季度會更好。我們的以太坊價格預測表明，在下個月，ETH將繼續調情約1,880美元。

“$ETH just had the worst Q1 in history.

“ $ eth只是歷史上最糟糕的第一季度。

Q2 is where it all turns around!”

Q2就是一切轉身！ ”

ETH Whale Selloff

ETH鯨魚拋售

Crypto analyst Ali Martinez reported a 63.8% decline in Ethereum whale activity, with large transactions dropping significantly since February 25.

加密分析師阿里·馬丁內斯（Ali Martinez）報告說，以太坊鯨魚活動下降了63.8％，自2月25日以來，大型交易大幅下降。

Over the past two weeks, whales have sold 760,000 ETH, signaling reduced institutional or large-holder participation in the network.

在過去的兩個星期中，鯨魚已經出售了760,000張ETH，信號減少了機構或大型持有人的參與。

However, some market analysts believe that ETH will soon start outperforming Bitcoin. Popular analyst Michael van de Poppe stated that altcoins will soon start gaining momentum as Gold shows signs of topping out.

但是，一些市場分析師認為，ETH將很快開始超越比特幣。受歡迎的分析師邁克爾·范德·波普（Michael van de Poppe）表示，由於黃金表現出升高的跡象，Altcoins很快就會開始增強動力。

“If Gold starts to correct in this month, likely ETH starts to outperform Bitcoin,” noted Poppe.

Poppe指出：“如果本月黃金開始糾正，那麼ETH可能會開始勝過比特幣。”

Ethereum ETF Flows Dry Up

以太坊ETF流乾

Inflows into spot Ethereum ETFs have also dried up amid poor price performance. The net inflows since its inception have slipped to $2.497 billion, showing waning interest in the asset class. This is down from the peak of $3.042 billion on February 25.

在價格較差的情況下，流入現狀的以太坊ETF也已經乾燥。自成立以來的淨流入已下跌至24.97億美元，顯示出對資產類別的興趣。這比2月25日的30.42億美元的高峰降低了。

Experts say that Ethereum’s struggles can be partly attributed to its lack of leadership and lagging innovation in the Web3 space. The upcoming Pectra upgrade, which is designed to improve wallet functionality and network efficiency, is tentatively planned for April 30, 2025, according to core developers.

專家說，以太坊的鬥爭可以部分歸因於其在Web3領域缺乏領導力和落後的創新。根據核心開發人員的說法，即將進行的Pectra升級旨在提高錢包功能和網絡效率，旨在於2025年4月30日暫定計劃。