ETH 購買勢頭減弱：Coinbase 溢價指數下跌

Has ETH's Buying Momentum Hit a Roadblock?

ETH 的購買動能是否遇到障礙？

The Coinbase Premium Index (CPI) for ETH has taken a downturn, indicating a decline in buying activity among US-based investors on Coinbase. This metric, which measures the price difference between ETH on Coinbase and Binance, has dipped into negative territory, suggesting reduced trading activity on the US exchange.

ETH 的 Coinbase 溢價指數 (CPI) 出現下滑，顯示 Coinbase 上美國投資者的購買活動有所下降。這項衡量 Coinbase 和幣安上 ETH 價格差異的指標已跌至負值，顯示美國交易所的交易活動減少。

What's Driving the Negative CPI?

是什麼推動了負CPI？

ETH's price has been on a downward trajectory since briefly trading above $4,000 in mid-March. This decline has coincided with a drop in its CPI. When the CPI declines, it often signals less trading activity on Coinbase.

自 3 月中旬短暫突破 4,000 美元以來，ETH 的價格一直處於下行軌道。這一下降與消費者物價指數 (CPI) 的下降同時發生。當 CPI 下降時，通常表示 Coinbase 上的交易活動減少。

A Deeper Look into the CPI

深入研究 CPI

At the time of writing, ETH's CPI stood at -0.008. CryptoQuant data reveals that when ETH's price fell below $3,200 on March 18th, its CPI plummeted to a 30-day low of -0.1. This suggests that the recent price pullback has weighed on investor sentiment on Coinbase.

截至撰寫本文時，ETH 的 CPI 為-0.008。 CryptoQuant數據顯示，當3月18日ETH價格跌破3,200美元時，其CPI暴跌至-0.1的30天低點。這顯示最近的價格回調打壓了投資者對 Coinbase 的情緒。

Asian Markets: A Different Story

亞洲市場：不同的故事

While ETH's CPI has declined in recent weeks, its Korean Premium Index (KPI) remains positive, hovering around 6.83. This indicates that Asian investors may be less concerned about the recent price decline and are still actively trading ETH.

儘管近幾週ETH的CPI有所下降，但其韓國溢價指數（KPI）仍為正，徘徊在6.83左右。這表明亞洲投資者可能不太關心近期的價格下跌，仍在積極交易 ETH。

Bears Eye Further ETH Losses

空頭預計 ETH 進一步下跌

Technical analysis suggests that ETH could face further downside this week. The altcoin's Money Flow Index (MFI) and Relative Strength Index (RSI) are both trending downward, indicating a decrease in buying pressure and an increase in selling activity.

技術分析表明，ETH 本周可能面臨進一步下跌。山寨幣的資金流量指數（MFI）和相對強弱指數（RSI）均呈下降趨勢，顯示購買壓力減少，銷售活動增加。

Parabolic SAR Confirms Downtrend

拋物線轉向指標確認下降趨勢

The Parabolic SAR indicator, which tracks potential trend direction and reversals, has been positioned above ETH's price for the past 10 days. This suggests that the market is currently in a downtrend and could continue to see ETH prices decline.

追蹤潛在趨勢方向和反轉的拋物線轉向指標 (SAR) 過去 10 天一直位於 ETH 價格上方。這表明市場目前處於下跌趨勢，並且 ETH 價格可能會繼續下跌。

Bottom Line

底線

The negative Coinbase Premium Index and technical indicators point to a potential continuation of ETH's price decline. However, it's worth noting that the Asian markets are exhibiting a different trend, suggesting that investor sentiment may vary across different regions.

負值的 Coinbase 溢價指數和技術指標表明 ETH 價格可能會繼續下跌。然而，值得注意的是，亞洲市場呈現不同的趨勢，這表明不同地區的投資者情緒可能有所不同。