以太幣（ETH）轟然進入2025年，今年能否跑贏比特幣（BTC）？

在經歷了低迷的 2024 年之後，以太坊迎來了 2025 年的開門紅，自年初以來飆升了 13% 以上。這一令人印象深刻的表現重新點燃了投資者的樂觀情緒，他們預計 ETH 和更廣泛的山寨幣市場將迎來牛市。

Ethereum began 2025 with a bang, surging over 13% since the year began. This impressive performance has sparked optimism among investors, who are anticipating a bullish year for ETH and the broader altcoin market.

以太坊在 2025 年開始大放異彩，自年初以來飆升了 13% 以上。這一令人印象深刻的表現激發了投資者的樂觀情緒，他們預計 ETH 和更廣泛的山寨幣市場將迎來牛市。

Highlighting ETH’s early strength, top analyst Daan recently shared some interesting data. According to his analysis, ETH tends to perform well during the first quarter, especially in post-halving years, setting the stage for a potential altseason. This historical context bodes well for investors looking at ETH as a promising contender for market dominance in 2025.

頂級分析師 Daan 最近分享了一些有趣的數據，強調了 ETH 的早期強勢。根據他的分析，ETH 在第一季往往表現良好，尤其是在減半後的幾年，為潛在的山寨季奠定了基礎。對於將 ETH 視為 2025 年市場主導地位的有力競爭者的投資者來說，這一歷史背景是個好兆頭。

While Bitcoin remains the market leader, Ethereum’s early momentum could pave the way for it to challenge BTC’s dominance this year. The combination of favorable market conditions, improving sentiment, and Ethereum’s strong start suggests that the altcoin leader is set to reclaim its position as a top-performing asset. As the market gears up for what could be a historic year, all eyes are on ETH to see if it can maintain its momentum and outshine Bitcoin.

雖然比特幣仍然是市場領導者，但以太坊的早期勢頭可能為其今年挑戰比特幣的主導地位鋪平道路。有利的市場條件、改善的情緒以及以太坊的強勁開局，這一切都表明，山寨幣領導者將重新奪回表現最佳資產的地位。隨著市場為歷史性的一年做好準備，所有人的目光都集中在 ETH 上，看看它是否能保持動力並超越比特幣。

Ethereum Shows Strength But Faces Key Challenges

以太坊展現實力但面臨關鍵挑戰

Ethereum has entered the new year on a bullish note, sparking optimism among analysts and investors. However, for ETH to confirm a sustained uptrend, it must reclaim and hold last year’s highs. The early signs are promising, with ETH showing a 13% gain since the start of the year.

以太坊以看漲的姿態進入了新的一年，引發了分析師和投資者的樂觀情緒。然而，以太坊要確認持續的上漲趨勢，就必須收復並維持去年的高點。早期跡象令人鼓舞，ETH 自年初以來已上漲 13%。

Post-halving years are historically favorable for altcoins, and 2025 appears to be following the trend. Top analyst Daan shared some interesting data, highlighting ETH’s strong start compared to Bitcoin. He notes that ETH is taking an early lead against BTC, supported by positive sentiment and strong seasonality patterns.

從歷史上看，減半後的年份對山寨幣有利，而 2025 年似乎也遵循了這一趨勢。頂級分析師 Daan 分享了一些有趣的數據，強調了 ETH 相對於比特幣的強勁開局。他指出，在正面情緒和強勁季節性模式的支撐下，以太坊相對於比特幣早盤處於領先地位。

Historically, ETH has performed well in the first quarter of post-halving years, setting the stage for a potential altseason. This historical context gives investors confidence that Ethereum could outshine Bitcoin in the months to come.

從歷史上看，ETH 在減半後的第一季表現良好，為潛在的山寨季奠定了基礎。這一歷史背景讓投資者相信以太坊可能在未來幾個月超越比特幣。

Daan added that both ETH and BTC are likely to emerge as winners this year, each presenting unique opportunities for growth. For ETH, specifically, reclaiming key levels and maintaining its early momentum will be crucial to meeting these high expectations.

Daan 補充說，ETH 和 BTC 都可能成為今年的贏家，它們都提供了獨特的成長機會。特別是對於 ETH 來說，奪回關鍵水平並保持其早期勢頭對於滿足這些高期望至關重要。

As ETH continues to capitalize on its early lead, the coming weeks will be interesting to watch. With favorable market conditions and a history of strong first-quarter performance, Ethereum is positioned for a potentially groundbreaking 2025. However, it will need to navigate market challenges and prove its resilience to sustain the bullish outlook.

隨著 ETH 繼續利用其早期領先優勢，未來幾週將值得關注。憑藉有利的市場條件和第一季強勁表現的歷史，以太坊預計在 2025 年實現突破性發展。

ETH Tests Key Support

ETH 測試關鍵支撐位

Ethereum is currently trading at $3,636, testing the critical 4-hour 200 moving average as support. This level is crucial for determining the next phase of ETH’s price action. If the price holds above this moving average in the coming hours, it could signal a strong foundation for a rebound toward higher supply zones, setting the stage for further bullish momentum.

以太坊目前交易價格為 3,636 美元，測試關鍵的 4 小時 200 移動均線作為支撐。該水平對於確定 ETH 下一階段的價格走勢至關重要。如果價格在未來幾個小時內保持在該移動平均線之上，則可能預示著向更高供應區域反彈的堅實基礎，為進一步看漲勢頭奠定了基礎。

However, a brief deviation into lower supply zones could still be a healthy move for ETH. If such a dip occurs, it is essential that the price recovers quickly—ideally within a few days—to maintain the bullish outlook. A sustained decline could introduce uncertainty and test investor confidence in Ethereum’s upward trajectory.

然而，短暫偏離供應較低區域對 ETH 來說仍然是一個健康的走勢。如果發生這種下跌，價格必須迅速恢復（最好是在幾天之內）以維持看漲前景。持續下跌可能會帶來不確定性，並考驗投資人對以太坊上漲軌蹟的信心。

For the bullish trend to remain intact, ETH must hold firmly above the $3,500 level. This mark serves as a critical support zone, and losing it would risk deeper corrections. On the other hand, reclaiming the $3,900 level is equally important, as it would reinforce the bullish structure and open the door to a larger rally.

為了保持看漲趨勢不變，ETH 必須牢牢守在 3,500 美元的水平之上。該標誌是一個關鍵的支撐區域，失去它將面臨進一步修正的風險。另一方面，收復 3,900 美元水準同樣重要，因為這將強化看漲結構並為更大規模的反彈打開大門。

Featured image from Dall-E, chart from TradingView

精選圖片來自 Dall-E，圖表來自 TradingView