以太坊（ETH）價格下跌以下$ 1,800，測試了Defi市場的限制

週一，第二大加密貨幣下降了近10％，下降至1,820美元。這標誌著自2023年12月以來的最低價格。

Ethereum (ETH) price has faced strong market pressure recently, leading to a nearly 10% drop on Monday to $1,820. This pushed the second-largest cryptocurrency to its lowest level since December 2023.

以太坊（ETH）價格最近面臨著強烈的市場壓力，週一下跌了近10％，至1,820美元。這將第二大加密貨幣推向了自2023年12月以來的最低水平。

The sudden fall has put decentralized finance (DeFi) loans at risk, especially given Ethereum’s role as key collateral for many loans on these platforms.

突然的下跌使分散的金融（DEFI）貸款處於危險之中，尤其是考慮到以太坊在這些平台上的許多貸款中的關鍵抵押品。

A major concern is a $74 million loan on the Sky (formerly Maker) platform that was at risk as it was backed by 65,680 ETH tokens, valued at nearly $130 million earlier on Monday.

一個主要問題是，在Sky（以前是Maker）平台上的7400萬美元貸款處於危險之中，因為它得到了65,680 ETH代幣的支持，週一早些時候價值將近1.3億美元。

The loan’s liquidation level sat just above $1,900. When ETH dropped below this threshold, it put the entire loan at risk of being liquidated.

貸款的清算級別略高於1,900美元。當ETH降至此閾值以下時，這會使整個貸款面臨被清算的風險。

However, blockchain data shows that the borrower acted swiftly. They withdrew 2,000 ETH (roughly $4 million) from cryptocurrency exchange Bitfinex and added it to their collateral.

但是，區塊鏈數據表明借款人迅速採取行動。他們從加密貨幣交易所Bitfinex中撤出了2,000張ETH（約400萬美元），並將其添加到了他們的抵押品中。

Moreover, as prices continued falling, the borrower withdrew $1.6 million in USDT stablecoin from Binance, converted it to DAI, and used it to reduce their debt to $73.1 million.

此外，隨著價格持續下跌，借款人從Binance撤回了160萬美元的USDT Stablecoin，將其轉換為Dai，並將其用於將其債務減少到7310萬美元。

Despite these efforts, danger remains as the loan’s new liquidation level now stands at $1,836, still very close to ETH’s recent trading price of around $1,870.

儘管做出了這些努力，但由於貸款的新清算水平現在為1,836美元，危險仍然存在，仍然非常接近ETH最近的交易價格約為1,870美元。

This loan isn’t the only one facing difficulties. According to DefiLlama data, $13.6 million worth of loans could face liquidation if ETH hits $1,857. Another $117 million in loans would be liquidated at $1,780.

這筆貸款並不是唯一面臨困難的貸款。根據Defillama的數據，如果ETH達到1,857美元，價值1,360萬美元的貸款可能會面臨清算。另外1.17億美元的貸款將以1,780美元的價格清算。

Looking at the broader picture, if ETH falls another 20%, about $366 million in debt could face liquidation.

看著更廣泛的情況，如果ETH再下跌20％，則可能面臨大約3.66億美元的債務。

These liquidations could create a downward spiral. When loans get liquidated, their collateral is sold off, which in turn creates more selling pressure on ETH’s price.

這些清算可能會產生向下的螺旋。當貸款被清算時，他們的抵押品將被出售，這又對ETH的價格造成了更大的銷售壓力。

Investor sentiment towards Ethereum has soured, according to Glassnode data. Only 50% of Ethereum holders are currently in profit, compared to 82% at the start of the year.

根據GlassNode數據，對以太坊的投資者情緒惡化了。目前，只有50％的以太坊持有人在獲利，而年初為82％。

Technical Analysis

技術分析

Technical analysis suggests that ETH is performing poorly. It has traded below the Ichimoku Cloud since January 25, which may continue to push the price downward.

技術分析表明，ETH的性能差。自1月25日以來，它一直低於Ichimoku Cloud的交易，這可能會繼續向下推動價格。

Some analysts suggest that $1,700 is the next support level to watch out for. If this level fails to hold, they warn of “catastrophic liquidations” that could drive prices even lower, with some targeting $1,300.

一些分析師認為，1,700美元是要注意的下一個支持水平。如果此水平無法保持，他們警告說，“災難性清算”可能會推動價格降低，其中一些目標是1,300美元。

However, not all signals are bearish. Last week saw $1.8 billion worth of ETH move from exchanges to private wallets, marking the largest outflow since December 2022.

但是，並非所有信號都是看跌。上週，從交易所轉移到私人錢包，價值18億美元的ETH轉移，標誌著自2022年12月以來最大的流出。

Such movements usually indicate long-term holding plans rather than preparation for selling, which could indicate that some investors see the current prices as a buying opportunity.

這樣的運動通常表明長期持有計劃而不是準備出售，這可能表明一些投資者將目前的價格視為購買機會。

If demand increases, optimistic analysts suggest that ETH could eventually recover to $4,045, which would represent a 120% gain from current levels. But with bearish sentiment dominating the market, such a recovery seems unlikely in the near term.

如果需求增加，樂觀的分析師表明，ETH最終可以恢復到4,045美元，這將是當前水平的120％的收益。但是，隨著看跌的情緒主導著市場，這種複蘇似乎不太可能在短期內。