以太坊（ETH）努力恢復勢頭，引起了投資者的關注

以太坊（ETH）一直處於巨大的銷售壓力下，引起了投資者對未來幾週的擔憂。趨勢仍然是看跌，如果這種勢頭繼續下去，ETH可能會難以找到關鍵水平的支持。

Ethereum (ETH) price has been under heavy selling pressure, sparking concerns among investors about the coming weeks. The trend remains bearish, and if this momentum continues, ETH could struggle to find support at key levels. Compared to Bitcoin and other altcoins, ETH has been underperforming, fueling a negative outlook among traders.

以太坊（ETH）價格一直處於巨大的銷售壓力下，引發了投資者對未來幾週的關注。趨勢仍然是看跌，如果這種勢頭繼續下去，ETH可能會難以找到關鍵水平的支持。與比特幣和其他Altcoins相比，ETH的表現不佳，助長了交易者的負面看法。

Unlike previous market cycles where ETH moved in sync with Bitcoin, recent price action suggests a disconnect between the two assets. Key metrics from IntoTheBlock reveal that ETH remains largely uncorrelated to BTC, showing a 30-day price correlation of just -0.06. This lack of correlation means that Bitcoin’s bullish momentum hasn’t translated into strength for ETH, adding to investor uncertainty.

與以前的市場週期與比特幣同步的市場週期不同，最近的價格行動表明這兩個資產之間存在脫節。來自intotheblock的主要指標表明，ETH與BTC基本上不相關，顯示出30天的價格相關性僅為-0.06。這種缺乏相關性意味著比特幣的看漲勢頭並未轉化為ETH的力量，從而增加了投資者的不確定性。

As ETH lags behind other major cryptocurrencies, analysts warn that further downside is possible unless ETH can reclaim critical resistance levels. The market is closely watching whether ETH can find support and reverse this underwhelming price action or if the bearish trend will continue in the coming weeks. As ETH struggles to regain momentum, investors remain cautious, waiting for a clearer signal before making their next move.

由於ETH落後於其他主要的加密貨幣，分析師警告說，除非ETH可以收回關鍵的抵抗水平，否則可能會進一步的缺點。市場正在密切關注ETH是否可以找到支持並扭轉這種低估的價格行動，或者看跌趨勢將在未來幾週內持續下去。隨著ETH努力恢復勢頭，投資者保持謹慎，等待明確的信號，然後再採取下一步行動。

Ethereum Correlation With the Market

與市場的以太坊相關

Ethereum has been stuck in a downtrend since late December, dropping over 28% from its local high of $4,100. Despite Bitcoin’s bullish momentum, ETH has failed to gain traction, leaving investors concerned about its underwhelming price action. Many are now speculating whether Ethereum could face another disappointing year, as altcoins like Solana, Avalanche, and Polygon continue to outperform ETH in terms of price movement and investor interest.

自12月下旬以來，以太坊一直處於下降趨勢中，其本地高價4,100美元下降了28％。儘管比特幣的看漲勢頭，ETH仍未獲得吸引力，這使投資者擔心其巨大的價格行動。現在，許多人正在猜測以太坊是否可以面對令人失望的一年，因為諸如Solana，Avalanche和Polygon之類的Altcoins在價格運輸和投資者的興趣方面繼續超越了ETH。

Key metrics from IntoTheBlock provide an interesting insight into Ethereum’s market behavior. Unlike in previous cycles where ETH closely followed BTC, it now appears largely uncorrelated, with a 30-day price correlation of just -0.06.

來自Intotheblock的主要指標為以太坊的市場行為提供了有趣的見解。與以前的ETH緊隨BTC緊隨其後的周期不同，現在似乎在很大程度上不相關，而30天的價格相關性僅為-0.06。

This means that even as Bitcoin moves higher, Ethereum has struggled to gain momentum. However, other major assets like Polygon (0.91) and Avalanche (0.93) remain closely correlated, suggesting that ETH’s price action is unique in this cycle.

這意味著即使比特幣移動更高，以太坊也很難獲得動力。但是，其他主要資產（如多邊形）（0.91）和雪崩（0.93）仍然密切相關，這表明ETH的價格在此週期中是獨一無二的。

Looking ahead, February could be a pivotal month for Ethereum. Historically, this has been a bullish period for ETH, and many investors are hoping for a trend reversal. If ETH can break key resistance levels and reclaim lost ground, the sentiment around its performance this cycle could quickly shift. However, failure to gain momentum could lead to continued stagnation, allowing other altcoins to take the spotlight.

展望未來，2月可能是以太坊的關鍵月份。從歷史上看，這對ETH來說是一個看漲時期，許多投資者希望趨勢逆轉。如果ETH可以打破鑰匙阻力水平並恢復失去的立場，那麼圍繞其性能的情緒可能會迅速改變。但是，未能獲得勢頭可能會導致持續停滯，從而使其他山寨幣引起人們的關注。

Ethereum Struggles Below Key Support As Bears Take Control

以太坊在關鍵支持下掙扎，因為熊可以控制

Ethereum is trading at $3,090 after failing to hold above the 200-day Exponential Moving Average (EMA) at $3,137. This key level was a crucial support zone for bulls, but now that it has been lost, bearish pressure is mounting.

以太坊（Ethereum）的交易價格為3,090美元，因為未能以3,137美元的價格持有200天的指數移動平均線（EMA）。這個關鍵水平是公牛的關鍵支撐區，但是現在它已經丟失了，看跌壓力正在增加。

Bulls are in trouble, as the price action suggests ETH is gearing up for another leg down. If this selling pressure continues, ETH could set a new local low and test lower demand around the $2,900 mark. A breakdown below this level would signal a deeper correction, potentially leading to extended consolidation or further declines.

公牛遇到了麻煩，因為價格動作表明，ETH正在為另一支腿摔倒。如果這種銷售壓力持續，ETH可以將新的當地低點設定為2,900美元的新需求。低於此水平的分解將標誌著更深層的校正，可能導致穩定或進一步下降。

For Ethereum to regain momentum, bulls must reclaim the $3,300 level and push higher. This zone has acted as a strong resistance in recent weeks, and flipping it into support would confirm a trend reversal. However, if ETH fails to reclaim this mark, the next critical level to watch is below $3,000, where additional buying interest may emerge.

為了使以太坊重新獲得動力，公牛必須恢復3,300美元的水平並提高。最近幾週，該區域已成為強烈的抵抗力，將其轉向支持將證實趨勢逆轉。但是，如果ETH未能收回此標記，那麼要觀看的下一個關鍵水平低於3,000美元，在此可能會出現額外的購買利息。

With market sentiment leaning bearish, ETH must hold above key demand zones to avoid a more significant downturn. If bulls cannot step in soon, Ethereum could continue to lag behind Bitcoin and other top altcoins.

憑藉市場情緒傾斜的看跌，ETH必須保持高於關鍵需求區，以避免更大的衰退。如果公牛不能盡快介入，以太坊可能會繼續落後於比特幣和其他頂級山寨幣。

The featured image is from Dall-E, and the chart is from TradingView.

特色圖像來自DALL-E，圖表來自TradingView。