以太坊分析師認為 Altseason 潛力巨大，因為 BTS 的發展速度仍超過 ETH – 是時候購買山寨幣了？

以太坊在突破自八月初以來價格一直低迷的關鍵阻力位後終於飆升。此舉改變了市場情緒

After encountering resistance for several weeks, Ethereum has finally shown signs of life with a strong two-day rally. This move has sparked optimism among investors, especially considering how slowly ETH has been rising compared to BTC and other altcoins.

在遭遇了幾週的阻力後，以太坊終於在兩天的強勁反彈中顯現出生命的跡象。此舉引發了投資者的樂觀情緒，特別是考慮到與 BTC 和其他山寨幣相比，ETH 的上漲速度非常緩慢。

Now, as ETH gains momentum, prominent analysts are sharing their perspectives on the market. One key topic being discussed is the potential for an “Altseason” and how to identify its early stages.

現在，隨著 ETH 勢頭強勁，知名分析師正在分享他們對市場的看法。正在討論的一個關鍵主題是「另類季節」的潛力以及如何識別其早期階段。

According to popular analyst and investor Ali Martinez, the much-anticipated Altseason hasn’t arrived just yet. This stage of the crypto market cycle is typically characterized by altcoins outperforming both Bitcoin and Ethereum in a scenario where capital flows more aggressively into altcoins.

著名分析師兼投資者阿里馬丁內斯 (Ali Martinez) 表示，備受期待的 Altseason 尚未到來。加密貨幣市場週期的這個階段的典型特徵是，在資本更積極流入山寨幣的情況下，山寨幣的表現優於比特幣和以太幣。

Usually, Bitcoin outperforms other coins in the initial stages of a bull market, with Ethereum lagging behind BTC but outpacing other altcoins. This dynamic presents an opportunity for investors to enter ETH and select altcoins before the broader market fully shifts its attention.

通常，比特幣在牛市的初始階段表現優於其他貨幣，以太坊落後於比特幣，但超過其他山寨幣。這種動態為投資者提供了在大盤完全轉移注意力之前進入 ETH 並選擇山寨幣的機會。

As Ethereum continues to gain steam, many investors are watching for further confirmation of this breakout and anticipating a shift in capital flow direction.

隨著以太坊繼續成長，許多投資者正在關注這項突破的進一步確認，並預計資本流向的轉變。

While BTC is still leading the market, this could pave the way for a new phase of altcoin appreciation. As Bitcoin’s price momentum cools, capital may flow more aggressively into altcoins.

雖然比特幣仍然引領市場，但這可能為山寨幣升值的新階段鋪路。隨著比特幣價格勢頭降溫，資本可能會更積極流入山寨幣。

Ethereum Waking Up: Key Takeaways

以太坊的覺醒：關鍵要點

Making a remarkable comeback, Ethereum surged over 22% in just two days of strong upward momentum. Despite this impressive performance, key data highlights that Bitcoin is still leading the market, slightly overshadowing Ethereum’s gains.

以太坊強勢回歸，短短兩天強勁上漲勢頭，飆升超過 22%。儘管表現令人印象深刻，但關鍵數據表明，比特幣仍然領先市場，略微掩蓋了以太坊的漲幅。

For savvy investors, this could present a prime opportunity to start accumulating Ethereum and select altcoins before they potentially rally in the next phase of the cycle.

對於精明的投資者來說，這可能是一個絕佳的機會，可以在以太幣在週期的下一階段反彈之前開始累積以太坊並選擇山寨幣。

Prominent analyst Ali Martinez shared a Glassnode chart that provides valuable insight into the dynamics of Bitcoin and altcoin price performance. This chart features the “Bitcoin Altseason Indicator,” which compares net capital flows between Bitcoin and Ethereum.

著名分析師 Ali Martinez 分享了 Glassnode 圖表，該圖表提供了有關比特幣和山寨幣價格表現動態的寶貴見解。此圖表採用“比特幣 Altseason 指標”，比較比特幣和以太坊之間的淨資本流動。

According to this indicator, while Ethereum is on the rise, Bitcoin’s net capital change is currently outpacing it. This trend confirms that Altseason hasn’t begun yet.

根據該指標，雖然以太坊正在上漲，但比特幣的淨資本變化目前超過了它。這一趨勢證實了 Altseason 尚未開始。

As Martinez points out, such dynamics are typical for this stage, with Bitcoin usually leading the initial rally and Ethereum following shortly after. Historically, Altseason often arrives once Bitcoin’s price momentum stabilizes.

正如馬丁內斯指出的那樣，這種動態在這個階段是典型的，比特幣通常引領最初的反彈，以太坊緊隨其後。從歷史上看，一旦比特幣的價格勢頭穩定，山寨季就會到來。

At that point, capital tends to flow from Bitcoin into high-potential altcoins. Many seasoned investors recognize this part of the cycle as an ideal time to accumulate ETH and strong altcoins at attractive prices before the broader market shifts its focus.

到那時，資本往往會從比特幣流向高潛力的山寨幣。許多經驗豐富的投資者認為，週期的這一部分是在大盤轉移焦點之前以有吸引力的價格累積 ETH 和強勢山寨幣的理想時機。

In the coming weeks, the relationship between BTC and ETH performance will be closely watched, potentially setting up a shift in market sentiment and capital distribution.

未來幾週，BTC 和 ETH 表現之間的關係將受到密切關注，這可能會導致市場情緒和資本分配發生變化。

ETH Technical View

ETH技術觀點

After encountering resistance at several crucial levels, Ethereum finally managed to break through and close above the 200 MA on the daily timeframe. This bullish development occurred on Friday, following a two-day rally that saw ETH price surging past critical moving averages and setting up for further gains.

在遇到幾個關鍵水平的阻力後，以太坊最終成功突破並收於日線圖上的 200 MA 之上。這種看漲的發展發生在周五，此前兩天的上漲使 ETH 價格飆升超過了關鍵移動平均線並為進一步上漲做好了準備。

After breaking below the 200 EMA in early August, ETH price has been trading below both the 200 EMA and 200 MA since then. Now, as ETH trades above both moving averages on the daily chart, bulls are attempting to gain control and push the price higher.

在 8 月初跌破 200 EMA 後，此後 ETH 價格一直低於 200 EMA 和 200 MA。現在，隨著 ETH 的交易價格高於日線圖上的兩條移動平均線，多頭正試圖獲得控制權並推高價格。

On Friday, ETH price surged by over 22% in two days, reaching a high of $2,955. This level marks the 200-day moving average (MA) on the dailyの時間枠チャート. After failing to break above this moving average several times since early August, ETH price finally managed to close above it on Friday.

週五，ETH 價格兩天內飆升超過 22%，達到 2,955 美元的高點。此水準標誌著每日時間枠チャート 上的 200 日移動平均線 (MA)。自 8 月初以來，ETH 價格多次未能突破該移動平均線，但最終在周五收於該移動平均線上方。

This bullish development signals a potential shift in momentum and could pave the way for further gains in the coming days or weeks. However, some analysts believe that a period of consolidation just below the 200 MA could be beneficial for ETH price in the short term.

這種看漲的發展標誌著勢頭的潛在轉變，並可能為未來幾天或幾週的進一步上漲鋪平道路。然而，一些分析師認為，在 200 移動均線下方盤整一段時間可能在短期內對 ETH 價格有利。

This would allow ETH to gather strength for a more sustained rally and avoid overextension, especially considering how quickly it rose to this level without much correction or consolidation.

這將使 ETH 能夠積聚力量，實現更持續的反彈，並避免過度擴張，特別是考慮到它在沒有太多調整或盤整的情況下上漲到這一水平的速度。

As the market sentiment turns increasingly optimistic with ETH price breaking above key moving averages, many investors are watching this level closely, hoping for a sustained breakout that could propel ETH price to new highs.

隨著 ETH 價格突破關鍵移動平均線，市場情緒變得越來越樂觀，許多投資者正在密切關注這一水平，希望持續突破，推動 ETH 價格再創新高。