當ETH/BTC對接近歷史支持區時

以太坊（ETH）在加密市場中受到了嚴格的審查，尤其是與比特幣（BTC）的關係，因為ETH/BTC對達到了歷史上強烈的支持水平。

The cryptocurrency market has seen massive shifts in recent months, with Bitcoin (BTC) and Ethereum (ETH) remaining at the forefront of attention. As the dust settles on a tumultuous period for cryptocurrencies, new data from IntoTheBlock is highlighting a crucial development: Ethereum's price has dropped by 50% in the past week.

近幾個月來，加密貨幣市場發生了巨大變化，比特幣（BTC）和以太坊（ETH）仍處於關注的最前沿。隨著塵埃在動蕩的加密貨幣時期，來自Intotheblock的新數據強調了一個關鍵的發展：過去一周，以太坊的價格下跌了50％。

This decline in price comes amid a broader slowdown in on-chain activity, with the total revenue for Ethereum's base layer decreasing to $605,000 on March 17, a stark contrast to two weeks ago when it stood at $2.5 million.

價格下跌是在鏈上活動的更大放緩之中，以太坊的基礎層的總收入在3月17日下降至605,000美元，這與兩週前的鮮明對比，當時它的價格為250萬美元。

The decrease in revenue can be attributed to several factors, including the migration of users and protocols to Layer 2 solutions like Arbitrum, Optimism, and zkSync to perform transactions more efficiently.

收入的減少可以歸因於幾個因素，包括用戶和協議向第2層解決方案遷移，例如仲裁，樂觀和ZKSYNC，以更有效地執行交易。

Moreover, competition from other blockchains like Solana and Avalanche, which offer lower transaction fees and faster speeds, has also led to a decrease in demand for Ethereum's mainnet.

此外，來自Solana和Avalanche等其他區塊鏈的競爭（提供較低的交易費用和更快的速度）也導致對以太坊的主網的需求減少。

The decrease in price and on-chain activity is a significant finding, especially considering the recent rally in Bitcoin's price, which has seen it exceed the $50,000 mark.

價格下降和鏈上活動是一個重要的發現，尤其是考慮到最近的比特幣價格集會，這已經超過了50,000美元。

Despite Bitcoin's gains, which are typically associated with an increase in demand for cryptocurrencies, the data from IntoTheBlock indicates the opposite.

儘管比特幣的收益通常與加密貨幣的需求增加有關，但來自intotheblock的數據表示相反。

This divergence in price trends might be due to the fact that while Bitcoin's price has risen, its trading volume has decreased, suggesting less activity in the market.

價格趨勢的這種差異可能是由於以下事實：儘管比特幣的價格上漲，但其交易量減少，表明市場活動較少。

On the other hand, Ethereum's price has decreased despite an increase in daily active addresses, which are addresses that perform at least one transaction, indicating that the users who are active in the market are performing fewer transactions on average.

另一方面，儘管每日活動地址的增加，以太坊的價格仍下降，這是執行至少一筆交易的地址，表明在市場上活躍的用戶平均執行較少的交易。

This finding is in line with the fact that, according to DeFi Llama data, the total value locked in DeFi protocols has decreased by 50% since its peak in early 2022, further highlighting the decrease in activity in the decentralized finance ecosystem.

這一發現符合以下事實：根據Defi Llama數據，自2022年初的峰值以來，Defi協議中鎖定的總價值下降了50％，進一步強調了分散的金融生態系統活動的減少。