以太坊（ETH）於3月18日星期三開盤價為1,913美元

以太坊在3月18日星期三的交易開盤價為1,913美元，在等待美國美聯儲的利率決定的情況下，鞏固了低於2,000美元抵抗的5％範圍。

Ethereum price opened trading at $1,913 on Wednesday, March 15, moving in a 5% trading range.

3月15日星期三的以太坊價格以1,913美元的價格開放，交易範圍為5％。

What Happened: The world’s second-largest cryptocurrency was seen consolidating below the $2,000 resistance ahead of the U.S. Federal Reserve’s interest rate decision.

發生的事情是：在美國美聯儲的利率決定之前，世界第二大加密貨幣的鞏固率低於2,000美元的抵抗力。

Bitcoin (BTC) has continued to extend its lead over Ethereum (ETH) by 30% over three weeks, with the BTC/ETH ratio hitting a record high of 44.6 on March 14.

比特幣（BTC）在三週內繼續將其對以太坊（ETH）的領先優勢延長了30％，而BTC/ETH比率在3月14日達到了創紀錄的44.6個。

As Bitcoin trades at $83,000 and Ethereum at $1,900, 1 BTC can now buy more than 44 ETH—a 30% increase from the 1:33 ratio seen at the recent lows on February 25.

隨著比特幣的交易價格為83,000美元，以太坊的交易價格為1,900美元，現在1 BTC可以購買44多個ETH，比2月25日的最低點比1:33的比率增加了30％。

The sharp devaluation of Ethereum can be attributed to two key factors. Firstly, President Trump’s new trade tariff policies have rattled the global markets, prompting crypto investors to seek safety in Bitcoin over Ethereum.

以太坊的急劇貶值可以歸因於兩個關鍵因素。首先，特朗普總統的新貿易關稅政策震撼了全球市場，促使加密貨幣投資者在以太坊中尋求比特幣的安全。

Secondly, ETH price has struggled with network scalability issues and failed updates, which have dampened investor confidence. Historical data suggests that Ethereum’s devaluation accelerated after the Merge, with multiple failed network upgrades pushing ETH supply higher than pre-Merge levels.

其次，ETH Price一直在網絡可伸縮性問題和更新失敗的情況下掙扎，這使投資者的信心抑制了。歷史數據表明，以太坊的合併後，以太坊的貶值加速了，多次失敗的網絡升級將ETH供應推高了高於前合併水平。

The Ethereum Foundation attempted to regain control by shuffling leadership in February, but investor sentiment remains low following the disappointing Pectra and Hoodi updates.

以太坊基金會試圖通過2月份的領導力來重新獲得控制權，但令人失望的Pectra和Hoodi更新後，投資者的情緒仍然很低。

For context, Ethereum DeFi’s total value locked (TVL) stood at $118 billion on February 19.

在上下文中，2月19日，以太坊Defi的總價值鎖定（TVL）為1,180億美元。

But according to DefiLlama data on March 19, that figure has now plunged to $89 billion, indicating a $29 billion capital outflow—25% of the total deposits within Ethereum’s DeFi ecosystem.

但是，根據3月19日的Defillama數據，該數字現已跌至890億美元，表明資本流出了290億美元，佔以太坊Defi生態系統中總存款的25％。

This aligns with ETH’s 30% price decline, further cementing Bitcoin’s dominance as the BTC/ETH trading ratio reached new highs.

這與ETH的30％的價格下降相吻合，隨著BTC/ETH交易率達到新高點，比特幣的統治地位進一步鞏固了比特幣的統治地位。

What’s Next For ETH Price?

ETH價格的下一步是什麼？

The $29 billion drop in Ethereum’s DeFi TVL, along with ongoing scalability struggles ahead of the Fed rate decision, point towards bearish risks for ETH price.

以太坊的Defi TVL下降了290億美元，以及在美聯儲率決策之前持續的可伸縮性鬥爭，指向看跌的ETH價格風險。

With liquidity drying up from the DeFi ecosystem, ETH coins previously locked in smart contracts are trickling into the short-term market supply.

隨著流動性從Defi生態系統枯竭，以前鎖定智能合約的ETH硬幣正在滲入短期市場供應。

If the capital outflows persist, it could put further downward pressure on ETH, potentially testing the $1,500 support zone.

如果資本流出持續存在，它可能會對ETH造成進一步的向下壓力，可能會測試1,500美元的支持區。

Moreover, with Bitcoin’s dominance increasing, ETH price may lose more market share in the near term, especially if the U.S. Fed's rate decision on Wednesday falls short of expectations.

此外，隨著比特幣的統治地位的提高，ETH價格可能會在短期內失去更多的市場份額，尤其是如果美國美聯儲周三的稅率決定不足。

Ethereum price forecast signals lean neutral as it consolidates at $1,941 after a prolonged downtrend, with key technical indicators signaling potential volatility ahead.

以太坊價格預測信號是中性的，因為它在長期下降趨勢延長之後鞏固了1,941美元，關鍵的技術指標表明了潛在的波動性。

The 50-day Exponential Moving Average (EMA) at $2,413 and the 100-day EMA at $2,695 suggest a bearish trend, while the 200-day EMA at $2,851 indicates long-term resistance.

50天的指數移動平均值（EMA）為2,413美元，100天EMA為2,695美元，表明了看跌趨勢，而200天EMA為2,851美元表示長期阻力。

Ethereum remains significantly below these moving averages, highlighting ongoing selling pressure. However, a bullish reversal could emerge if buyers regain momentum above short-term resistance levels.

以太坊仍然顯著低於這些移動平均值，突出了正在進行的銷售壓力。但是，如果買家在短期抵抗水平上恢復勢頭，則看漲的逆轉可能會出現。

The Bearish Balance Power (BBP) indicator at -107.25 indicates that sellers have dominated price action, impacting a downward move over the past month.

看跌平衡功率（BBP）指標在-107.25表示賣方主導了價格行動，影響了過去一個月的下降。

Recent price action shows a series of lower highs and lower lows, confirming the bearish market structure. Nonetheless, decreasing volume on red candles implies that selling momentum may be weakening, leaving room for a potential relief rally.

最近的價格動作顯示了一系列較低的高潮和較低的低點，證實了看跌的市場結構。儘管如此，紅色蠟燭的體積減少意味著銷售動量可能正在減弱，為潛在的緩解集會留出了空間。

A breakout above $2,100 could trigger a short squeeze, forcing bears to cover positions, which might result in a rapid ascent toward $2,400-$2,500 before an ultimate correction.

超過$ 2,100的突破可能會引發短暫的擠壓，迫使熊覆蓋位置，這可能會在最終更正之前迅速上升到2,400- $ 2,500。

If the U.S. Federal Reserve’s rate decision on Wednesday sparks a positive market reaction, Ethereum could quickly rise above $2,100, invalidating the bearish outlook and exposing short sellers to significant liquidations.

如果美國美聯儲周三的稅率決定引發了積極的市場反應，那麼以太坊可能會迅速上升到2100美元以上，使看跌前景無效，並使賣空者暴露於大量清算中。

However, failure to reclaim this level could lead to another retest of $1,700-$1,500, continuing the current downtrend.

但是，未能恢復此水平可能會導致1,700-1,500美元的再次重新估算，從而持續了當前的下降趨勢。