以太坊（ETH）價格下跌低於$ 2,000，在關鍵的支持水平上停滯不前

以太坊（ETH）是世界第二大加密貨幣，由於其價格下降到2,000美元以下，面臨著下降壓力

Ethereum (ETH), the world’s second-largest cryptocurrency, is facing renewed downward pressure as its price dropped below $2,000 on Thursday. The decline has sparked concerns among investors, with technical indicators hinting at further downside potential.

全球第二大加密貨幣以太坊（ETH）正面臨著下降壓力，因為其價格在周四下降到2,000美元以下。下降引起了投資者的關注，技術指標暗示了進一步的下行潛力。

At the time of writing, ETH is trading at $1,988, with a market capitalization of approximately $240 billion, according to CoinGecko. Technical analysts are now eyeing a potential retest of the $1,700 support level if Ethereum fails to break through key resistance zones.

據Coingecko稱，在撰寫本文時，ETH的交易價格為1,988美元，市值約為2400億美元。如果以太坊未能突破關鍵阻力區，技術分析師現在正在關注1,700美元的支持水平的潛在重新測試。

Despite the price struggles, long-term holders appear undeterred. Staking deposits have surged, exchange reserves are at an all-time low, and whales are actively accumulating ETH at lower price levels. However, Ethereum’s broader network activity remains weak, raising questions about its long-term dominance.

儘管價格掙扎，但長期持有人似乎並沒有避免。存放存款已經飆升，交換儲量處於歷史最低水平，並且鯨魚以較低的價格水平積累了ETH。但是，以太坊的更廣泛的網絡活動仍然很弱，引發了有關其長期優勢的問題。

In this article, we will examine Ethereum’s current price action, key technical levels, staking trends, whale movements, and the challenges that ETH faces in maintaining its market position.

在本文中，我們將研究以太坊當前的價格行動，關鍵技術水平，堆積趨勢，鯨魚運動以及ETH在維持其市場地位方面面臨的挑戰。

Ethereum’s Price Stalls Below $2,200 as Analysts Warn of a Bearish Breakdown

分析師警告說看跌崩潰，以太坊的價格攤位低於2,200美元

Technical Analysis: Lower Highs Form, Rising Channel Could Bring 13% Downfall

技術分析：較低的高點，上升渠道可能會帶來13％的失敗

Ethereum’s recent price action has been largely dictated by technical factors, with lower highs forming and a rounded top emerging near resistance at $2,200.

以太坊最近的價格行動在很大程度上取決於技術因素，較低的高點形成，而圓形的頂部則接近抵抗力，為2,200美元。

According to technical analyst MadWhale, Ethereum is currently trading within a descending channel, a pattern often associated with bearish continuation.

根據技術分析師Madwhale的說法，以太坊目前正在降級渠道中進行交易，這種模式通常與看跌的延續有關。

Key technical levels to watch:

關鍵的技術級別要觀看：

* If ETH fails to break above $2,200, MadWhale warns that the altcoin could face a 13% decline, potentially retesting the $1,700 support level—a zone last tested in early March.

*如果ETH未能超過2,200美元，Madwhale警告說，Altcoin可能會下降13％，可能會重新測試1,700美元的支持水平，這是3月初進行的一個區域。

* However, if buyers manage to push through the $2,200 resistance, the next key level to watch will be $2,000. A breakout above this zone could pave the way for a recovery toward $2,800.

*但是，如果買家設法推動了2200美元的電阻，那麼要觀看的下一個關鍵水平將為2,000美元。該區域上方的突破可能為恢復到2,800美元鋪平了道路。

Weak Volume Is a Major Concern

量較弱是一個主要問題

One of the biggest red flags in the charts is the lack of strong buying volume. This suggests that retail traders remain largely indifferent to Ethereum’s price movements.

圖表中最大的危險信號之一是缺乏強勁的購買量。這表明零售交易者在很大程度上仍然對以太坊的價格變動無動於衷。

However, not all indicators are bearish. The Moving Average Convergence Divergence (MACD) indicator shows that bearish momentum might be slowing. A bullish crossover could emerge soon, potentially leading to a short-term rebound if buying interest increases.

但是，並非所有指標都是看跌。移動平均收斂差異（MACD）指標表明看跌動量可能正在放緩。看漲的跨界可能很快就會出現，如果購買利息增加，可能會導致短期反彈。

Investors Stake $220 Million in ETH As Volume Drops 37%

投資者股票2.2億美元的ETH，批量下降了37％

Despite Price Weakness, Staking Inflows Remain Strong

儘管價格疲軟，但放入流入仍然很強

While Ethereum’s spot price struggles, long-term holders continue to stake ETH, reducing the circulating supply.

儘管以太坊的現貨價格掙扎，但長期持有人繼續將ETH列入ETH，從而減少了循環供應。

Between March 20 and March 23, investors deposited 110,000 ETH (worth over $220 million) into Ethereum 2.0 staking contracts, according to Beaconcha.in.

根據Beaconcha.in的數據，在3月20日至3月23日之間，投資者將110,000 ETH（價值超過2.2億美元）存入以太坊2.0訂立合同。

Ethereum Staking Growth (March 20–23, 2023):

以太坊的積累增長（3月20日至23日，2023年）：

The move suggests that some investors are opting for passive income through staking rewards rather than engaging in short-term trading.

此舉表明，有些投資者通過放入獎勵而不是從事短期交易來選擇被動收入。

However, a concerning trend has emerged:

但是，有關趨勢的出現已經出現：

* Ethereum’s trading volume dropped by 37.37% during the same period.

*以太坊的交易量在同一時期下降了37.37％。

The imbalance between increased staking and declining liquidity highlights Ethereum’s fragile support zone. Without fresh buying demand, ETH remains vulnerable to further downside.

增加的積累和流動性下降之間的不平衡突出了以太坊的脆弱支持區。沒有新的購買需求，ETH仍然容易受到進一步的不利影響。

Whales Buy the Dip As Exchange Reserves Plumb New Lows

鯨魚購買蘸醬作為交換儲量新低點

Large Investors Are Accumulating Despite Market Uncertainty

儘管市場不確定性，大型投資者仍在積累

While retail traders remain cautious, whales are seizing the opportunity to accumulate ETH at lower prices.

儘管零售商人保持謹慎，但鯨魚正在抓住機會以較低的價格積累ETH。

Key whale activity (past 72 hours):

關鍵鯨魚活動（過去72小時）：

According to on-chain analyst Ali Martinez, the whale accumulation reflects market confidence, even as prices remain under pressure.

據鍊鍊分析師阿里·馬丁內斯（Ali Martinez）稱，鯨魚的積累反映了市場的信心，即使價格仍處於壓力下。

A glance at some major whale transactions:

一眼一些主要的鯨魚交易：

* Whale 1: Dumped a large portion of their ETH holdings.

*鯨魚1：拋棄了他們的ETH持有量的很大一部分。

* Whale 2: Decided against selling despite a 100% return on their initial investment.

*鯨魚2：儘管初始投資回報了100％，但決定不出售。

* Another whale bought over 10,000 ETH at a discount after a large liquidity provider (LP) made a hasty move to sell.

*一隻鯨魚在大型流動性提供商（LP）倉促賣出後，以折扣價購買了10,000多個ETH。

These moves suggest that smart money investors expect a future price rebound and are positioning accordingly.

這些舉動表明，聰明的貨幣投資者期望未來的價格反彈，並且正在相應地定位。

As exchange reserves hit all-time lows, the likelihood of a supply squeeze increases—potentially setting the stage for sharp price rallies in the future.

隨著Exchange Reser的歷史最低水平，供應緊縮的可能性增加了，這是為將來的急劇集會奠定了基礎。

However, for this scenario to play out, Ethereum needs stronger demand from retail and institutional investors.

但是，為了使這種情況發揮作用，以太坊需要對零售和機構投資者的需求更強。

Ethereum Faces Long-Term Challenges As Users Migrate to Other Chains

當用戶遷移到其他連鎖店時，以太坊面臨長期挑戰

Declining On-Chain Activity Is A Concern For ETH

鏈接活動下降是ETH的關注點

While whales and stakers have provided short-term stability, Ethereum’s broader network fundamentals remain weak.

儘管鯨魚和Stakers提供了短期穩定性，但以太坊的更廣泛的網絡基本面仍然很弱。

Key on-chain metrics:

關鍵的鏈指標：

A major reason for this decline is the migration of users to faster and cheaper blockchains like Solana and Avalanche.

造成這種下降的主要原因是用戶遷移更快，更便宜的區塊鏈，例如Solana和Avalanche。

Despite major upgrades to Ethereum’s

儘管以太坊的升級了