以太坊（ETH）因關鍵指標大幅上漲而準備捲土重來

與大多數其他加密貨幣一樣，以太幣 [ETH] 在過去幾天的波動性較小。然而，一項關鍵指標在過去 24 小時內大幅上升，暗示未來幾天趨勢將會逆轉。

Cryptocurrency markets have been showing less volatility in the last few days, with Ethereum [ETH] being no exception. However, a key metric has registered a massive uptick in the last 24 hours, which could hint at a trend reversal in the coming days.

過去幾天，加密貨幣市場的波動性較小，以太幣 [ETH] 也不例外。然而，一項關鍵指標在過去 24 小時內大幅上升，這可能預示著未來幾天的趨勢逆轉。

After a 2% weekly rise, ETH’s price volatility dropped. At press time, the token was trading at $3.38k, with a market capitalization of over $407 billion.

在每週上漲 2% 後，ETH 的價格波動性有所下降。截至發稿時，該代幣的交易價格為 338 萬美元，市值超過 4,070 億美元。

While this may seem bearish, the ongoing trend could change soon.

雖然這可能看起來很悲觀，但當前的趨勢可能很快就會改變。

According to data from Coinglass, Ethereum’s Long/Short Ratio shot up sharply in the last 24 hours. This indicates that there are more long positions in the market than short positions, which can often lead to a bullish trend reversal.

根據Coinglass的數據，以太坊的多空比率在過去24小時內大幅上升。這表明市場上的多頭頭寸多於空頭頭寸，這往往可以導致看漲趨勢逆轉。

Source: Coinglass

來源：Coinglass

Ali Martinez, a popular crypto analyst, posted a tweet revealing how investors were optimistic about ETH’s price rising in the coming days.

受歡迎的加密貨幣分析師 Ali Martinez 發布了一條推文，透露了投資者對未來幾天 ETH 價格上漲的樂觀態度。

The tweet stated that 78.30% of traders on BitMEX with open Ethereum Futures trades were betting on the price going up!

該推文表示，BitMEX 上持有以太坊期貨交易的交易者中有 78.30% 押注價格上漲！

In addition to this, EtherNasyonal, another renowned analyst, posted a tweet suggesting that Ethereum could move towards $4.7k soon.

除此之外，另一位知名分析師 EtherNasyonal 發布推文暗示以太坊可能很快就會邁向 4700 美元。

Chances of Ethereum making a comeback?

以太坊捲土重來的機會？

The chances of Ethereum regaining bullish momentum were high, as the token’s NVT ratio declined after a sharp uptick.

以太坊重拾看漲勢頭的可能性很高，因為該代幣的 NVT 比率在大幅上漲後有所下降。

Whenever the metric drops, it signifies that an asset is getting undervalued, which leads to price hikes.

每當該指標下降時，就意味著資產被低估，從而導致價格上漲。

Source: Glassnode

來源：Glassnode

The king of altcoins’ exchange reserve was also dropping, which meant that buying pressure on the token was increasing. Things in the derivatives market also seemed quite optimistic.

山寨幣之王的外匯儲備也在下降，這意味著該代幣的購買壓力正在增加。衍生性商品市場的情況似乎也相當樂觀。

This was evident from Ethereum’s rising Funding Rate—a sign that the market is optimistic and traders expect prices to rise.

這從以太坊不斷上升的資金費率中可以明顯看出——這表明市場樂觀，交易者預計價格將會上漲。

Source: CryptoQuant

來源：CryptoQuant

Although these aforementioned metrics indicated a trend reversal, technical indicators remained bearish. The MA Cross showed a bearish advantage in the market, as the 9-day EMA was significantly below the 21-day MA.

儘管上述指標顯示趨勢逆轉，但技術指標仍看跌。均線交叉在市場上顯示出看跌優勢，因為 9 日均線明顯低於 21 日均線。

The MACD also painted a similar picture of a bearish upper hand in the market.

MACD 也描繪了類似的市場看跌優勢的圖像。

Source: TradingView

來源：TradingView

In case of continued bearishness, investors might first expect the token to drop to $33.7 in the near term, as per Coinglass’ liquidation heatmap.

根據 Coinglass 的清算熱圖，如果市場持續看跌，投資者可能首先預計該代幣近期將跌至 33.7 美元。

However, if bulls take charge, Ethereum might first target $34.56 before it eyes $4.7k in the coming weeks or months.

然而，如果多頭佔據主導地位，以太坊可能首先瞄準 34.56 美元，然後在未來幾週或幾個月內瞄準 4700 美元。