以太坊（ETH）在更廣泛的市場上升中面臨著充滿挑戰的時期

市場資本化最大的Altcoin目前正面臨著一個充滿挑戰的時期，因為更廣泛的市場上升，比特幣和其他資產達到了新鮮的高潮。

The largest altcoin by market capitalization is currently facing a challenging period amid a broader market uptick that has seen Bitcoin and other assets reaching fresh all-time highs.

市場資本化最大的Altcoin目前正面臨著一個充滿挑戰的時期，因為更廣泛的市場上升，比特幣和其他資產達到了新鮮的高潮。

This week, Ethereum (ETH) dropped to below $1,800, a price point last seen in November 2023. As a result, analysts and investors are weighing in on whether ETH could continue lower and reach a bleak target of $1,250.

本週，以太坊（ETH）下跌至1,800美元以下，這是2023年11月最後一次出現的價格。結果，分析師和投資者正在權衡ETH是否可以繼續降低並達到慘淡的目標，而目標的慘淡目標為1,250美元。

In 2021, Ethereum was in the midst of a remarkable rally, approaching the $5,000 mark and sparking conversations about the ‘flippening’—the hypothetical event where ETH would overtake Bitcoin to become the leading cryptocurrency by market cap. However, looking ahead through the lens of early 2025, such a scenario seems highly unlikely.

在2021年，以太坊正處於一個非凡的集會之中，接近了5,000美元的成績，並引發了有關“幻想”的對話，這是一個假設的事件，即ETH將超越比特幣成為市場上限的主要加密貨幣。但是，從2025年初的鏡頭展開，這種情況似乎很不可能。

After hitting a low of under $1,000 during the 2022 bear market, ETH attempted a comeback but struggled to break through the $4,000 resistance in 2024. Its recent goal to claim that price was thwarted in mid-December, significantly contributing to the market’s current uncertainty.

在2022年的熊市中達到了低於1,000美元的低價後，ETH試圖捲土重來，但努力打破2024年的4,000美元抵抗。其最近的目標是聲稱價格在12月中旬挫敗了，這對市場目前的不確定性做出了重大貢獻。

As reported earlier this week, Ethereum’s price nosedived, effectively erasing all gains made following political developments including Trump’s presidential election victory. The asset’s trajectory deviated from expectations, with it breaking out of a significant parallel channel, leading analysts like Ali Martinez to forecast a concerning drop to the $1,250 mark, a level not recorded in over two years.

正如本週早些時候報導的那樣，以太坊的價格昂貴，有效地消除了包括特朗普總統大選勝利在內的政治發展後的所有收益。該資產的軌跡偏離了預期，它脫離了一個顯著的平行渠道，使像阿里·馬丁內斯（Ali Martinez）這樣的分析師預測下降到$ 1,250，這是兩年來未記錄的水平。

In the face of this downturn, the behavior of Ethereum’s whale investors paints a contrasting picture. Recent reports indicate a "predominantly bullish" outlook among these large holders. Within just 48 hours, Ethereum whales accumulated a staggering 1.1 million ETH, which amounted to nearly 1% of the total supply, representing a financial commitment of over $2 billion at the time.

面對這種低迷，以太坊鯨魚投資者的行為描繪了一幅對比的圖畫。最近的報導表明，這些大持有人中的“主要看漲”前景。在短短48小時內，以太坊鯨魚積累了驚人的110萬ETH，佔總供應量的近1％，當時的財務承諾超過20億美元。

Adding to this bullish narrative, data from Martinez highlighted that whales added more than 420,000 ETH in the subsequent five days, valued at approximately $800 million at current market prices.

馬丁內斯（Martinez）的數據加上這種看漲的敘述，強調鯨魚在隨後的五天內增加了超過420,000張ETH，其價值約為8億美元，目前的市場價格約為8億美元。

This accumulation could potentially provide support for ETH, alleviating some of the immediate selling pressure on the market. Despite this robust activity from large investors, the impact on ETH’s price has yet to translate into a significant rebound, as the asset remains below the $2,000 threshold.

這種積累可能有可能為ETH提供支持，從而減輕了市場上的一些直接銷售壓力。儘管大型投資者的這項強大的活動，但對ETH價格的影響尚未轉化為重大反彈，因為資產仍低於2,000美元的門檻。

In summary, Ethereum currently grapples with the challenge of a significant price decline while exhibiting strong support from its whale investors. Whether this will ultimately lead to a recovery or further losses remains to be seen as the cryptocurrency market continues to evolve and adapt amidst fluctuating investor sentiment.

總而言之，以太坊目前應對價格下降的挑戰，同時表現出鯨魚投資者的大力支持。隨著加密貨幣市場的不斷發展和適應投資者的情緒，這將最終導致恢復還是進一步的損失。