以太坊（ETH）面臨對其作為投資的未來的懷疑

以太坊（ETH）對其作為一項投資的未來感到懷疑，萊克·資本（Lekker Capital）創始人奎因·湯普森（Quinn Thompson）甚至稱其為“完全死亡”。

The cryptocurrency market has been a hot topic of conversation lately, especially with the recent downturn in prices. Among the coins that are facing doubts about its future as an investment is Ethereum.

加密貨幣市場最近一直是對話的熱門話題，尤其是在最近的價格下降的情況下。在面對其未來作為投資的未來的硬幣中，是以太坊。

Lekker Capital founder Quinn Thompson went as far as calling it “completely dead.” He pointed to Ethereum’s falling transaction activity, weak user growth, and declining revenues as major red flags.

Lekker Capital創始人奎因·湯普森（Quinn Thompson）稱其為“完全死亡”。他指出，以太坊的交易活動下降，用戶增長疲軟以及作為主要危險信號的收入下降。

“A $225 billion market cap network that is seeing declines in transaction activity, user growth, and fees/revenues. There is no investment case here. As a network with utility? Yes. As an investment? Absolutely not,” Thompson stated in a March 28 post on X.

湯普森在3月28日在X上的帖子中說：“一個2250億美元的市值網絡正在看到交易活動，用戶增長和收入/收入的下降。這裡沒有投資案例。作為具有實用性的網絡？是的。是的。作為一項投資？絕對不是。”

This struggles come after previous predictions of a $10,000 price target by 2025 and a few months ago, ETH reached $4,000 in December, the same time Bitcoin hit $100,000 for the first time.

這種鬥爭是在先前預測到2025年的10,000美元目標目標的預測之後，而幾個月前，ETH在12月達到4,000美元，同時比特幣首次達到100,000美元。

However, the broader crypto market downturn has since taken a toll, dragging Ether’s price down. At the time of writing, Ethereum is trading at $1,883.81, reflecting a 1.88% drop in the past 24 hours and a 5.17% decline over the last seven days, according to CoinMarketCap.

但是，此後，更廣泛的加密貨幣市場下滑造成了巨大的損失，從而降低了以太的價格。根據CoinMarketCap的數據，在撰寫本文時，以太坊的交易價格為1,883.81美元，反映了過去24小時的1.88％下降，過去7天下降了5.17％。

This downward trend has sparked concern among analysts and investors, especially with Castle Island Ventures partner Nic Carter blaming the downfall on layer-2 networks, which he says are "siphoning value" from the main blockchain.

這種下降趨勢引發了分析師和投資者之間的關注，尤其是在城堡風險投資合作夥伴尼克·卡特（Nic Carter）上，責怪第2層網絡上的失敗，他說這是主要區塊鏈的“虹吸價值”。

"The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK. Eth was buried in an avalanche of its own tokens. Died by its own hand," Carter stated in a recent X post.

卡特在最近的X帖子中說：“這是貪婪的Eth L2S從L1獲得的貪婪的siphoning價值，而社會共識表明過多的代幣創造是A-OK。

The greed of L2s in siphoning value from L1s and the collective decision that we could mint an infinite supply of tokens to fund projects may have also contributed to this downfall.

L2的L2s的貪婪從L1s和集體決定中，我們可以鑄造無限的代幣供應給項目資金的供應也可能導致了這一崩潰。

— Nic Carter (@NicCarter_) March 28, 2024

- Nic Carter（@niccarter_）2024年3月28日

The criticism continues as he pointed out that the downfall was self-inflicted by Ethereum due to the creation of an "excessive amount of tokens."

當他指出，由於創造了“過量的令牌”，批評繼續被以太坊自我造成。

"We decided we could mint an infinite supply of tokens to fund projects, which in retrospect seems like a strange choice. But anyway, the brisk demand for an object of beauty, utility, and scarcity—and perhaps the last best hope for a sound monetary system—has come to an abrupt end," Carter added.

卡特補充說：“回想起來，我們可以造成無限的代幣供應，這似乎是一個奇怪的選擇。但是，無論如何，對美容，公用事業和稀缺對象的敏銳需求，也許是對貨幣制度的最後最大希望，也許是一個突然的終點。”

Furthermore, Standard Chartered has adjusted its price forecast for Ether, slashing its end-of-2025 prediction from $10,000 to $4,000—a sharp 60% reduction. This revision underscores the growing uncertainty surrounding Ether’s ability to recover.

此外，《標準特許》已調整了對以太的價格預測，將其2025年末預測從10,000美元削減到4,000美元，降低了60％。這項修訂強調了Ether恢復能力的日益確定性。

As for trader Crypto Bull X, he sees an even bleaker scenario, claiming Ethereum looks "absolutely dead." According to the trader, the support levels are broken, the ETH/Bitcoin chart is weak, and the failure to hold the key moving averages showcases an extended downtrend.

至於Trader Crypto Bull X，他看到了一個平淡無奇的場景，聲稱以太坊看起來“絕對死了”。根據交易者的說法，支持水平被打破，ETH/BITCOIN圖表很弱，並且未能保持關鍵移動平均值顯示出擴展的下降趨勢。

"It looks like 2025 may be the final year for ETH as a top-2 crypto. Since 2016, it has held this position, being the 'crypto silver' and the driver of altseason," the trader added.

交易員補充說：“看來2025年可能是ETH作為前2名加密貨幣的最後一年。自2016年以來，它一直擔任該職位，是'加密白銀'和Altseason的駕駛員。”

While some traders are fearing that Ether’s position is slipping, others argue that this downturn is temporary and an historical buying opportunity.

雖然一些交易者擔心以太的位置正在下滑，但其他人則認為這種低迷是暫時的，並且是歷史性的購買機會。

CryptoELITES, a trader bullish on Bitcoin, believes that this is a historic buying opportunity. According to the trader, the recent price action around $1,913 signals the “bottom.”

商人看漲比特幣的CryptoElites認為，這是一個歷史性的購買機會。根據交易員的說法，最近的價格行動約為1,913美元，標誌著“底部”。

According to his analysis, this move completes a rounded-bottom pattern that could set the stage for a powerful parabolic rally. According to CryptoELITES, if the price manages to break through the key resistance zones at $4,000 and $5,000—levels that have posed difficulties for ETH in the past—the next targets are set at $7,000, $9,500, and $12,000.

根據他的分析，這一舉動完成了圓形的模式，這可能為強大的拋物線集會奠定了基礎。根據CryptoElites的說法，如果價格設法突破了關鍵的阻力區，為4,000美元和5,000美元，過去對ETH造成了困難的水平，那麼下一個目標的定價為7,000美元，9,500美元和12,000美元。

If this rally continues, the trader says that the final resistance to break would be at $15,000—an apex that could lead to a 7x surge from current price levels.

如果這次集會繼續進行，交易員說，最終阻力為15,000美元，這是一個頂點，可能會導致當前價格水平的7倍增長。