Ether（Eth）價格眼睛第六次紅色每日蠟燭，$ 2,500姿勢僵硬的抵抗力

市場參與者預計，一旦7月23日開始交易，現貨以太坊交換基金（ETF）會提高ETH的價格。

After several attempts to recover above the $2,500 level following the early August crypto sell-off, Ether (ETH) price seems to be headed for its sixth straight day in the red on Friday, encountering stiff resistance at this key price point. Several technical and onchain metrics also hint at a further correction.

在八月初加密（Crypto拋售）之後的幾次嘗試恢復到2500美元以上的嘗試之後，Ether（ETH）的價格似乎是在周五連續第六天進入RED的第六天，在此關鍵價格點遇到了僵硬的阻力。幾個技術和鍊式指標也暗示了進一步的修正。

ETH/USD daily chart. Source: TradingView

ETH/USD daily chart.來源：TradingView

While market participants anticipated that spot Ethereum exchange-traded funds (ETFs) would boost ETH’s price once they began trading on July 23, boosting the second-largest cryptocurrency to new all-time highs, the narrative has failed to materialize.

儘管市場參與者預計，一旦7月23日開始交易，現貨以太坊交換基金（ETF）將提高ETH的價格，從而提高了第二大加密貨幣到新的歷史最高高點，但該敘述未能實現。

According to data from Farside Investors, these investment products, which began trading on July 23, saw more than $10.9 million in net outflows on Nov. 1. In total, these products have seen outflows of $478.5 million since their market debut in the United States.

根據Farside Investors的數據，這些投資產品於7月23日開始交易，11月1日的淨流出量超過1,090萬美元。流出。

This is concerning, especially since institutional demand was considered a key part of Ether’s appeal in H1 2024, with ETH gains coming two days before the ETFs were approved by the Securities and Exchange Commission on May 21.

這是令人關注的，特別是因為機構需求被認為是H1 2024上訴的關鍵部分，而ETH收益則是在5月21日獲得證券交易委員會批准ETF的兩天之前。

This was also reflected across all other Ether products, with the latest Digital Asset Fund Flows Weekly Report by CoinShares showing that flows into Ethereum investment funds remained lackluster in contrast to the bullishness seen in Bitcoin (BTC) and Solana (SOL), with only $9.5 million in inflows during the week ending Nov. 1.

這也反映在所有其他以太產品中，Coinshares的最新數位資產基金流量每週報告顯示，與比特幣（BTC）和9.5美元相比，以太坊投資基金​​流入以太坊投資基金​​仍然乏味。日的一周中流入百萬。

In comparison, institutional investors poured more than $2.1 billion into Bitcoin investment products.

相比之下，機構投資者向比特幣投資產品投入了超過21億美元。

Part of Ether’s failure to sustain a recovery above the $2,500 resistance comes from unmet expectations that ETF flows would mirror those into spot Bitcoin ETFs, which saw BTC price rally to new all-time highs in March.

Ether未能維持超過2500美元的電阻的一部分，這是由於未滿足的期望ETF流將它們反映為現貨比特幣ETF，後者將BTC的價格集會在三月份達到了新的歷史高潮。

However, institutional interest in Ether also seems to be waning, with Chainlink (LINK) and Solana seeing greater inflows.

但是，對以太的機構興趣似乎也正在減弱，鏈條（連結）和索拉納（Solana）看到更多的流入。

Increasing L1 competition, slowing DApp activity on Ethereum

增加L1競爭，減慢以太坊的DAPP活動

While a fraction of activity has moved to Ethereum layer-2 solutions, some users and developers are opting for other top layer-1 alternatives such as the BNB Chain (BNB), Solana and Tron (TRX).

儘管一小部分活動已轉移到以太坊2層解決方案，但一些用戶和開發人員選擇了其他頂級1替代方案，例如BNB鏈（BNB），Solana和Tron（TRX）。

As a result, Ethereum’s network activity growth has fallen behind its rivals as more users opt for lower-fee ecosystems.

結果，隨著越來越多的用戶選擇低價生態系統，以太坊的網路活動成長落後於競爭對手。

Top blockchains ranked by 24-hour DApps volume, USD. Source: DappRadarFor instance, Ethereum’s unique active wallets engaging with decentralized applications on the platform declined by 16% over the last 30 days compared to a 19% increase on Solana and a 75% increase on Avalanche.

頂級區塊鏈排名24小時DAPPS卷，美元。資料來源：Dappradar，例如，以太坊在平台上與分散申請的獨特活躍錢包在過去30天中下降了16％，而Solana增長了19％，雪崩增加了75％。

Similarly, the total volume transacted on the Ethereum network dropped by 9.6% during the same period, while the volume on the BNB Chain, Solana and Avalanche increased by 1.5%, 10% and 60%, respectively.

同樣，在同一時期，以太坊網路上交易的總量下降了9.6％，而BNB鏈，Solana和Avalanche的體積分別增加了1.5％，10％和60％。

This lackluster performance in attracting and retaining users and activity is also reflected in decreasing market share.

在吸引和留住用戶及活動方面表現不佳也反映在市場份額的下降上。

Ether's market dominance continued its downturn in 2024, hitting a 42-month low of 13% on Nov. 4, indicating that the largest altcoin by market capitalization is losing market share to Bitcoin and other altcoins.

Ether的市場優勢在2024年繼續衰退，11月4日達到了42個月的13％低點，這表明，按市值計算的最大的Altcoin正在為比特幣和其他Altcoins失去市場份額。

TradingView chart showing ETH dominance hitting 3-year lows on Nov. 4, 2024.

TradingView 圖表顯示 ETH 主導地位於 2024 年 11 月 4 日觸及 3 年低點。

According to popular crypto analyst Max Price, this lackluster performance and decreasing market share could be a problem for ETH traders, adding that it “looks like it's slowly slipping away.”

根據流行的加密分析師Max Price的說法，對於ETH交易者而言，這種平淡無奇的業績和下降的市場份額可能是一個問題，並補充說「看起來它正在慢慢滑倒」。

Meanwhile, fellow analyst The Great Martis is sounding the alarm that ETH's chart is showing “bearish tendencies” with a possible downward breakout to areas below $1,000.

同時，分析師偉大的馬蒂斯（Great Martis）也在發出警報，即ETH的圖表顯示了“看跌趨勢”，並可能向下突破到低於1,000美元的地區。

A chart posted by the analyst on Nov. 2 shows ETH price in a descending triangle formation, hinting at a possible downward breakout. Notably, technical analysis charting patterns are not always reliable and traders should always perform their own research before making any trades.

分析師在11月2日發布的圖表顯示了ETH價格下降的三角形形成，暗示了可能的向下突破。值得注意的是，技術分析圖表模式並不總是可靠的，交易者應在進行任何交易之前始終進行自己的研究。

A chart posted by crypto analyst The Great Martis on Nov. 2 shows ETH price in a descending triangle formation, hinting at a possible downward breakout. Notably, technical analysis charting patterns are not always reliable and traders should always perform their own research before making any trades.

加密分析師大馬蒂斯（Great Martis）於11月2日發布的圖表顯示了ETH價格下降的三角形組，暗示了可能的下降突破。值得注意的是，技術分析圖表模式並不總是可靠的，交易者應在進行任何交易之前始終進行自己的研究。

This article is for informational purposes only and not intended as investment or financial advice.

本文僅用於資訊目的，而非作為投資或財務建議。