自上週二以來，Eth Price一直在側面移動，但終於選擇了一面。

自上週二以來，Eth Price一直在側面移動，但終於選擇了一面。它終於選擇了一側。

ETH price has been trading in a sideways range since Tuesday last week, but it seems like the crypto has finally picked a side - and it's up.

自上周星期二以來，ETH Price一直在側向交易，但似乎加密貨幣終於選擇了一面 - 而且已經開始了。

The Ethereum native coin has recovered back above the $2,000 mark this week.

以太坊的本地硬幣恢復了本週的2,000美元大關。

The ETH price dip below $2,000 underscored the declining market sentiment. This was further exasperated by weak demand which resulted in a longer than anticipated stay below this key level.

ETH價格低於$ 2,000的市場情緒下降。需求疲軟進一步激怒了這一點，這導致比預期的停留時間更長。

ETH exchanged hands at $2,021 at press time after a 4.54% upside in the last 24 hours.

ETH在過去24小時內上漲4.54％後，在發稿時以2,021美元的價格交換。

ETH’s MACD indicator highlighted the demand build-up this week. Its histogram highlighted a surge of bullish volumes since Monday, while the MACD line recently crossed above the signal line. But, can ETH sustain this trend and achieve more vertical?

ETH的MACD指標強調了本週的需求累計。自周一以來，它的直方圖突出了看漲量的激增，而MACD線最近在信號線上越過。但是，ETH可以維持這一趨勢並實現更垂直的趨勢嗎？

ETH Whales are Contributing to the Latest Bullish Momentum

Eth鯨魚為最新的看漲勢頭做出了貢獻

On-chain data reveals that the Ethereumnative coin's latest bullish momentum could be rooted in whale activity.

鏈上的數據表明，以民族硬幣的最新看漲勢頭可以植根於鯨魚活動。

Large holder flows bounced back sharply since mid-March. Large holder inflows bounced from 197,370 ETH on 16 March to 910,810 ETH as of 18 March.

自3月中旬以來，大型持有人流動急劇反彈。截至3月18日，大型持有人的流入從3月16日的197,370 ETH彈跳到910,810 ETH。

Meanwhile, large holder outflows also surged from198,960 ETH to 438,360 coins during the same period.

同時，在同一時期，大型持有人的流出也從198,960 ETH飆升至438,360個硬幣。

The large holder net flows amounted to about 480,450 coins as of Tuesday. This means large holder netflows amounted to almost $1 billion worth of demand.

截至週二，大型持有淨流量約為480,450枚硬幣。這意味著大型持有人Netflows的需求價值近10億美元。

This was also the highest positive ETH netflows observed in the last 3 months. This whale activity also coincided with a mid-month uptick in exchange flows.

這也是過去三個月中觀察到的最高正乙基網絡。這種鯨魚活動還與交換流相吻合。

Exchange outflows were slightly higher at 524,570 coins compared to 499,347 coins in exchange inflows according to CryptoQuant.

交換流出略高於524,570枚硬幣，而匯率為499,347枚硬幣，以交換流入。

The higher exchange outflows compared to inflows confirms that demand has been building up in tandem with whale activity.

與流入相比，較高的交換流出證實了需求與鯨魚活動同時增加。

However, it is worth noting that the rate of accumulation remained relatively low.

但是，值得注意的是，積累率仍然相對較低。

Can ETH Price Maintain the Bullish Momentum?

ETH價格可以維持看漲的勢頭嗎？

Although ETH price appears to be experiencing some excitement, on-chain data also revealed that it has primarily been coming from the derivatives segment.

儘管ETH價格似乎引起了一些興奮，但鏈上數據也表明，它主要來自衍生品細分市場。

For context, open interest was up 11.09% in the last 24 hours while volume rallied by 53.48%.

對於上下文，在過去的24小時內，開放興趣上漲了11.09％，而數量則增加了53.48％。

Options volumes in particular were up by 88.24% and shorts have emerged as the losers with roughly $62.72 million in shorts liquidated.

尤其是期權量增加了88.24％，短褲出現了，因為失敗者的短褲大約6272萬美元。

Interestingly, ETH spot flows remained negative despite the latest upside. The cryptocurrency recorded roughly $34.03 million in spot outflows in the last 24 hours, building on the $24 million in outflows observed on Tuesday.

有趣的是，儘管有最新的上升空間，ETH斑點仍然是負面的。在過去的24小時內，加密貨幣的現場流出大約為3403萬美元，基於週二觀察到的2400萬美元的外流。

The divergence between spot and derivatives market activity relating to ETH could potentially signal that retail activity in the spot segment is not yet there.

與ETH有關的點與衍生品市場活動之間的差異可能會表明，尚未存在零售活動。

Perhaps a reflection of the uncertain market conditions.

也許反映了不確定的市場條件。

It could also signal that this latest upside is a temporally move through which whales might be on the hunt for short term profit-taking.

這也可能表明，這是一個暫時的舉動，鯨魚可能正在尋找短期利潤。

The spot outflows suggest that profit-taking is already taking place. ETH price action may struggle to push higher in the short term if it fails to sustain the current demand.

現場流出表明，利潤已經發生。如果ETH價格行動未能維持當前的需求，則可能在短期內努力提高。