以太坊（ETH）的交易可能低於其公允價值

以太坊（ETH）是加密貨幣市場中第二大資產，可能交易低於其公允價值。該評估基於技術分析師認為關鍵的鍊鍊指標之一，以檢測市場底部區域。

In a post shared on X, cryptocurrency analyst Ali Martinez assessed that Ethereum (ETH), the second largest asset in the crypto market, may be trading below its fair value.

加密貨幣分析師阿里·馬丁內斯（Ali Martinez）在共享X上的一篇文章中評估，以太坊（ETH）是加密貨幣市場中第二大資產，可能交易低於其公允價值。

The assessment is based on one of the on-chain indicators considered key by technical analysts to detect market bottom zones.

該評估基於技術分析師認為關鍵的鍊鍊指標之一，以檢測市場底部區域。

According to the expert, the Adjusted Dormancy Flow index has recently fallen below one million. This level, based on historical patterns, usually indicates that the asset’s price has entered a potential macroeconomic bottom.

根據專家的說法，調整後的休眠流量指數最近下跌了100萬。基於歷史模式，這種級別通常表明資產的價格已進入潛在的宏觀經濟底部。

#Ethereum Entity-Adjusted Dormancy Flow just dropped below 1 million. This historically indicates a macro-bottom zone, meaning $ETH might be undervalued and long-term holders are less inclined to sell. It also suggests:

#Ethereum實體調整後的休眠流量剛剛降至100萬以下。從歷史上看，這表明宏大區域，這意味著$ ETH可能被低估，並且長期持有人不太傾向於出售。它也暗示：

• Sentiment is low

•情緒低落

• Capitulation may have occurred

•投降可能發生了

•… pic.time domainix.com/8mFc3Qdxoy

•…pic.time domainix.com/8mfc3qdxoy

— Ali (@ali_charts) April 11, 2025The metric analyzes the relationship between Ethereum’s market capitalization and its annualized dormancy value in dollars, offering clues about long-term holder behaviors.

- Ali（@Ali_Charts）2025年4月11日，該指標分析以太坊的市值與美元的年度休眠價值之間的關係，提供了有關長期持有人行為的線索。

As the indicator hits this type of low, it typically signals a reduction in selling activity by older, more experienced investors in the market.

隨著指標達到這種低點，它通常表示較老，經驗豐富的投資者在市場上的銷售活動減少。

Martinez shared the analysis with his more than 135,000 followers on the X platform, where he noted that the current environment could indicate three main factors: pessimistic sentiment among participants, the possibility that the capitulation phase has already occurred, and a scenario favorable to the entry of institutional capital.

馬丁內斯（Martinez）與他在X平台上的135,000多個關注者分享了分析，他指出當前的環境可以表明三個主要因素：參與者之間的悲觀情緒，即已經發生了投降階段的可能性，並且有利於製度資本進入的情況。

Another piece of data that reinforces this reading involves the recent movement of ETH on exchanges.

加強此閱讀的另一個數據涉及ETH在交流上的最新運動。

According to the analyst, around 453.000 units of Ethereum were withdrawn from exchanges in the last five days, which may signal a long-term storage strategy, reducing selling pressure and decreasing the circulating supply. This also indicates that the price of Ethereum may rise again.

根據分析師的說法，在過去五天中，從交易所撤回了大約453.000個以太坊單位，這可能表明長期存儲策略，減輕了銷售壓力並減少了循環供應。這也表明以太坊的價格可能會再次上漲。

At the time of publication, the price of Ether was quoted at $1.612,63, up 3,8% in the last 24 hours.

在出版時，以太幣的價格為1.612,63美元，在過去24小時內上漲了3,8％。