以太坊在看跌市場發出看漲訊號

以太幣的受助者買入賣出比率標誌著看漲情緒的增加，該比率有望突破其中心線。然而，看跌情緒仍然占主導地位，期貨未平倉量下降、融資利率為負以及現貨市場看跌技術指標表明，如果看跌情緒持續存在，價格可能會跌破 3000 美元。

Ethereum's Bullish Signal Amidst Bearish Market Sentiments

以太坊在看跌市場情緒中發出看漲訊號

Ethereum's Taker Buy Sell Ratio, a metric reflecting the ratio of buy volume to sell volume in futures markets, has exhibited an uptrend, indicating a potential resurgence of bullish sentiment among market participants.

以太坊的吃單買進賣出比率（反映期貨市場買進量與賣出量之比的指標）已呈現上升趨勢，顯示市場參與者的看漲情緒可能會復甦。

Technical Analysis: Rise in Buy Sentiment

技術分析：購買情緒上升

According to data from CryptoQuant, Ethereum's Taker Buy Sell Ratio has recently approached its center line, suggesting a shift towards increased buying activity. This metric typically indicates the relative strength of buy and sell orders, with a value greater than one indicating more buying pressure. At the time of writing, Ethereum's Taker Buy Sell Ratio stands at 0.96, approaching the critical 1.0 threshold.

根據 CryptoQuant 的數據，以太坊的接受者買賣比率最近已接近其中心線，顯示購買活動轉向增加。此指標通常表示買賣訂單的相對強度，數值大於 1 表示購買壓力較大。截至撰寫本文時，以太坊的 Taker 買入賣出比率為 0.96，接近 1.0 的臨界門檻。

Persistent Bearish Sentiments in Spot and Futures Markets

現貨和期貨市場持續看跌情緒

Despite the bullish signal from the Taker Buy Sell Ratio, an analysis of Ethereum's spot and futures markets reveals that bearish sentiments remain prevalent.

儘管受助者買進賣出比率發出看漲訊號，但對以太坊現貨和期貨市場的分析顯示，看跌情緒仍然普遍存在。

Futures Open Interest Decline

期貨持倉量下降

Coinglass data indicates a significant decline in Ethereum's Futures Open Interest, which measures the value of outstanding futures contracts. Ethereum's Open Interest has fallen from a peak of $15 billion on April 9 to a current level of $11 billion, marking a 27% decrease in the last seven days. This decline suggests that market participants are closing their positions and exiting the market, indicating a lack of confidence in Ethereum's future performance.

Coinglass 數據顯示，以太坊的期貨未平倉合約大幅下降，該合約衡量未平倉期貨合約的價值。以太坊的未平倉合約已從 4 月 9 日的峰值 150 億美元降至目前的 110 億美元，過去 7 天下降了 27%。這種下跌表明市場參與者正在平倉並退出市場，表明對以太坊未來表現缺乏信心。

Negative Funding Rates and Selling Pressure

負資金利率和拋售壓力

In the futures market, Ethereum's funding rates briefly turned negative on April 14, indicating a significant number of market participants opening trades against the coin's price. This negative Funding Rate, a first since the bull market rally in October 2023, signals increased expectations of a price decline.

在期貨市場上，以太坊的融資利率在 4 月 14 日短暫轉為負數，這表明大量市場參與者開始針對以太坊的價格進行交易。自 2023 年 10 月牛市反彈以來首次出現負資金利率，顯示價格下跌的預期有所增強。

Bearish Technical Indicators in Spot Market

現貨市場技術指標看跌

Technical indicators in Ethereum's spot market also hint at a potential price decline below $3000 if bearish sentiments persist.

以太坊現貨市場的技術指標也暗示，如果看跌情緒持續存在，價格可能會跌破 3,000 美元。

Weakening Momentum (Awesome Oscillator)

動能減弱（很棒的震盪指標）

Ethereum's Awesome Oscillator, an indicator measuring market momentum, has displayed downward-facing red histogram bars since April 13. This trend suggests a rise in selling pressure, as downward-facing red bars are typically interpreted as a bearish sign in technical analysis.

以太坊的動量震盪指標（Awesome Oscillator）是衡量市場動能的指標，自4 月13 日以來一直顯示向下的紅色直方圖。通常被解釋為看跌信號。

Parabolic SAR Reversal

拋物線轉向指標反轉

The Parabolic Stop and Reverse (SAR) indicator, which identifies potential trend reversals, shows the dotted lines resting above Ethereum's price. This placement is often associated with a bearish market trend, indicating that the price is likely to continue its downward trajectory.

拋物線停損和反轉（SAR）指標可識別潛在的趨勢反轉，顯示位於以太幣價格上方的虛線。這種佈局通常與看跌的市場趨勢相關，表明價格可能會繼續下行。

Conclusion: Cautious Optimism Amidst Market Uncertainty

結論：市場不確定性下謹慎樂觀

While Ethereum's Taker Buy Sell Ratio suggests a potential shift towards bullish sentiment, the bearish sentiments evident in the spot and futures markets temper this optimism. The decline in Futures Open Interest, negative Funding Rates, and bearish technical indicators in the spot market warrant cautious consideration. Market participants should remain vigilant in monitoring these indicators and adapt their investment strategies accordingly.

雖然以太坊的受助者買賣比率顯示可能會轉向看漲情緒，但現貨和期貨市場中明顯的看跌情緒削弱了這種樂觀情緒。期貨持倉量下降、資金利率為負、現貨市場技術指標看跌，值得謹慎考慮。市場參與者應保持警惕，監測這些指標並相應調整投資策略。