以太坊 [ETH] 與比特幣 [BTC] 的持續鬥爭繼續主導市場討論

以太坊的原生代幣 ETH 徘徊在對比特幣的關鍵支撐位附近，而質押趨勢顯示持續流入。

As the new week begins, Bitcoin’s [BTC] recent rally has put other altcoins in the spotlight. Among them, Ethereum’s [ETH] ongoing struggle against Bitcoin continues to dominate market discussions, as its ETH/BTC pair remains in a precarious position.

隨著新的一周開始，比特幣最近的上漲使其他山寨幣成為人們關注的焦點。其中，以太坊 [ETH] 與比特幣的持續鬥爭繼續主導市場討論，因為其 ETH/BTC 貨幣對仍處於不穩定狀態。

However, recent data revealed that Ethereum’s native token, ETH, was hovering around critical support levels against Bitcoin, while staking trends showed continuous inflow. Here’s what the charts tell us about Ethereum’s trajectory and market health.

然而，最近的數據顯示，以太坊的原生代幣 ETH 徘徊在對比特幣的關鍵支撐位附近，而質押趨勢顯示持續流入。以下圖表告訴我們有關以太坊的軌跡和市場健康狀況的資訊。

Ethereum testing key resistance in ETH/BTC

以太坊正在測試 ETH/BTC 的關鍵阻力位

Ethereum’s ETH/BTC pair experienced a modest recovery from its recent dip, trading at 0.03469 BTC at the time of writing.

以太坊的 ETH/BTC 貨幣對從最近的下跌中小幅回升，在撰寫本文時交易價格為 0.03469 BTC。

This followed a significant decline that saw ETH breach the 50-day and 200-day moving averages earlier this year, solidifying a bearish crossover.

此前，ETH 今年稍早大幅下跌，突破 50 日和 200 日移動均線，鞏固了看跌交叉。

The recent uptick, however, brought it back above 0.034, but the 200-day MA, at 0.0459 BTC at press time, loomed as a formidable resistance level.

然而，最近的上漲使其回到 0.034 上方，但 200 日均線（截至發稿時為 0.0459 BTC）似乎是一個強大的阻力位。

A closer look at the daily chart revealed that the Moving Average Convergence Divergence (MACD) showed a bearish trend, with the signal line still below zero.

仔細觀察日線圖可以發現，移動平均線趨同分歧（MACD）呈現看跌趨勢，訊號線仍在零線下方。

The Stochastic RSI pointed to oversold conditions, hinting at potential relief rallies.

隨機相對強弱指數顯示超賣狀況，暗示潛在的緩解性反彈。

Meanwhile, the On-Balance Volume (OBV) suggested muted momentum, further reinforcing the notion that ETH has been facing significant challenges in reclaiming dominance against Bitcoin.

同時，平衡交易量（OBV）顯示勢頭疲軟，進一步強化了這樣一種觀點，即 ETH 在奪回對比特幣的主導地位方面一直面臨著重大挑戰。

ETH/USD trend: Bullish momentum into key resistance

ETH/美元趨勢：看漲勢頭進入關鍵阻力位

In contrast to its struggles against Bitcoin, the ETH/USD pair painted a more optimistic picture.

與比特幣的掙扎相比，以太坊/美元貨幣對描繪了一幅更樂觀的景象。

Ethereum was trading at $3,147 at press time, having already reclaimed the 200-day moving average at $2,955.

截至發稿時，以太坊交易價格為 3,147 美元，已收復 2,955 美元的 200 日移動均線。

The recent bullish crossover between the 50-day and 200-day MAs signaled a potential shift in momentum, with key resistance levels around $3,200 being closely watched.

最近 50 日均線和 200 日均線之間的看漲交叉預示著動能可能發生轉變，3,200 美元附近的關鍵阻力位受到密切關注。

Further analysis of the daily chart revealed that the Relative Strength Index (RSI) hovered near 71, indicating slightly overbought conditions.

進一步分析日線圖顯示，相對強弱指數（RSI）徘徊在71附近，顯示有輕微超買狀況。

At the same time, the MACD remained in bullish territory, suggesting room for further upside.

與此同時，MACD 仍處於看漲區域，顯示還有進一步上漲的空間。

Ethereum’s ability to hold above $3,000 will be crucial in maintaining its upward trajectory in the coming weeks.

以太坊能否維持在 3000 美元以上，對於未來幾週維持其上漲軌跡至關重要。

Ethereum’s TVL remains bright as staked ETH hits new highs

隨著質押 ETH 創出新高，以太坊的 TVL 依然光明

On the staking front, Ethereum’s fundamentals remained robust. The total value staked in Ethereum’s network hit an all-time high of 34.8 million ETH, underscoring strong confidence among holders.

在質押方面，以太坊的基本面依然強勁。以太坊網路的質押總價值達到 3,480 萬 ETH 的歷史新高，凸顯了持有者的強烈信心。

This metric, paired with Ethereum’s press time price of $3,100, highlighted a steady increase in staking participation despite the lackluster performance against Bitcoin.

這項指標與以太坊截至發稿時 3,100 美元的價格相結合，突顯出儘管相對於比特幣表現平淡，但質押參與度仍在穩步增長。

Data from CryptoQuant revealed that staked ETH grew consistently over the past year, even as Ethereum’s price endured volatility.

CryptoQuant 的數據顯示，儘管以太坊的價格經歷了波動，但質押的 ETH 在過去一年中持續成長。

This resilience could signal a longer-term bullish sentiment for the network, even if the ETH/BTC pair falters in the short term.

即使 ETH/BTC 貨幣對在短期內出現動搖，這種彈性也可能預示著網路的長期看漲情緒。

What’s next for Ethereum? The broader market sentiment around Ethereum is mixed

以太坊的下一步是什麼？圍繞以太坊的更廣泛市場情緒好壞參半

While the growing total value staked paints a picture of investor confidence, the ETH/BTC pair’s inability to sustain key levels raises concerns.

雖然不斷增長的總價值描繪了投資者的信心，但 ETH/BTC 貨幣對無法維持關鍵水平引發了擔憂。

ETH’s path forward depends heavily on its ability to regain strength against Bitcoin, particularly as Bitcoin’s dominance continues to rise.

ETH 的前進道路在很大程度上取決於其恢復相對於比特幣實力的能力，特別是在比特幣的主導地位持續上升的情況下。

For Ethereum to regain footing, a break above the 0.045 BTC resistance is essential. Meanwhile, the 0.033 BTC support remains critical to watch in the event of further declines.

以太坊要重新站穩腳跟，突破 0.045 BTC 阻力位至關重要。同時，如果比特幣進一步下跌，0.033 BTC 的支撐位仍然值得關注。