隨著代幣化市場升溫，以太坊 (ETH) 將於 2025 年實現突破

儘管交易者對在阻力位上方盤整猶豫不決，但 Bitwise 高級投資策略師 Juan Leon 認為，以太坊將在 2025 年實現突破。

Fresh out of the oven, hot off the presses – Ethereum price analysis is here!

剛出爐、熱壓機－以太坊價格分析就在這裡！

After breaching the coveted US $4k (AU $6.3k) milestone a couple of days ago, Ether quickly fell below the resistance level as investors hesitated to consolidate.

在幾天前突破令人垂涎的 4000 美元（6300 澳元）里程碑後，由於投資者猶豫是否要盤整，以太坊迅速跌破阻力位。

However, despite the setback, Bitwise Senior Investment Strategist Juan Leon remains bullish on ETH, predicting a breakout in 2025.

然而，儘管遭遇挫折，Bitwise 資深投資策略師 Juan Leon 仍看好 ETH，預測 2025 年將會突破。

According to Leon, here’s what’s driving investor interest in Ether right now.

萊昂表示，這就是目前投資人對以太坊感興趣的原因。

Key points:

要點：

Volume has surged into spot Ether ETFs over the past ten days, totalling US $2 billion.

過去 10 天，以太坊 ETF 現貨交易量激增，總計 20 億美元。

While the coin’s price action has been relatively dull, there is a clear push from institutional investors to gain exposure to Ethereum.

雖然該代幣的價格走勢相對平淡，但機構投資者明顯在推動以太坊投資。

Tokenisation is expected to capitalise on a trillion-dollar market, and Ethereum is well-positioned to benefit.

代幣化預計將利用萬億美元的市場，而以太坊則處於有利地位。

Investors Piling Into Spot Ether ETFs

投資者紛紛買入以太幣現貨ETF

Leon’s note to investors begins by highlighting a recent burst in volume for Ethereum, specifically in spot Ether ETFs.

Leon 在給投資者的說明中首先強調了近期以太坊交易量的激增，特別是現貨以太坊 ETF。

Over the past ten trading days, these ETFs have seen a total of US $2 billion flow into the funds.

在過去的十個交易日裡，這些ETF共有20億美元流入基金。

For context, this is eight times more than the market experienced in the four months prior to December.

就背景而言，這是 12 月之前四個月市場經歷的八倍。

Ether’s Price Action, Institutional Interest Setting Up ETH for 2025 Breakout

以太坊的價格走勢和機構利益為 2025 年突破奠定了基礎

This coin’s price action in the time frame hasn’t been particularly compelling, with Ether falling well shy of its 2021 all-time high of US $4.8k (AU $7.6k).

該代幣在這段時間內的價格走勢並不是特別引人注目，以太坊的價格遠低於 2021 年的歷史高點 4800 美元（7600 澳元）。

But there is a clear push from institutional investors to gain at least a little exposure to the project heading into 2025.

但機構投資者明顯希望在 2025 年之前至少獲得一點對該項目的投資。

Tokenised Funds Can Capture Trillion-Dollar MArket: Will Ethereum be the Network to Capitalise?

代幣化基金可以佔領兆美元市場：以太幣會成為資本化網路嗎？

According to Leon, tokenisation is the reason why money is once again flowing into Ethereum.

萊昂表示，代幣化是資金再次流入以太坊的原因。

The sector has made a big push in the past couple of years, with huge asset managers like BlackRock entering the market with their tokenised Treasury fund, BUIDL.

過去幾年，該行業取得了巨大的發展，像貝萊德這樣的大型資產管理公司以其代幣化國庫基金 BUIDL 進入市場。

Bitwise believes this is just the beginning.

Bitwise 相信這只是一個開始。

“As the demand for tokenised funds grows, the network that will stand to benefit the most is the one that can provide the greatest liquidity, security, and efficiency for these tokenised applications,” said Leon.

Leon 表示：“隨著對代幣化資金的需求不斷增長，能夠為這些代幣化應用程式提供最大流動性、安全性和效率的網路將是受益最多的網路。”

“In this regard, Ethereum has positioned itself as the most battle-tested smart contract platform in the industry, already owning 81% of the tokenisation market share.”

“在這方面，以太坊將自己定位為業內最久經考驗的智能合約平台，已經擁有 81% 的代幣化市場份額。”

And if tokenisation truly takes off in 2025, which many believe it will, there’s a lot of money ready to flow onto the blockchain, and according to Leon, Ethereum is set to benefit the most.

如果代幣化在 2025 年真正起飛（許多人相信它會實現），就會有大量資金準備流入區塊鏈，根據 Leon 的說法，以太坊將受益最大。