以太坊汽油費暴跌，為山寨幣飆升鋪路

以太坊汽油費已暴跌至六個月低點，引發了加密貨幣分析師的猜測。 4 月 27 日，平均交易費跌至 1.12 美元，顯示市場情緒可能發生轉變，山寨幣有可能上漲。費用下降是由於人們對 ERC-404 代幣的興趣激增，這使得 2 月的 Gas 費達到了八個月來的最高點。目前的費用下降，加上 ETH 的小幅上漲和以太坊第二層代幣的強勁表現，表明山寨幣可能出現牛市。

Ethereum Gas Fees Plummet, Signaling Potential Altcoin Rally

以太坊汽油費暴跌，預示著山寨幣潛在的反彈

Ethereum's transaction fees, a key indicator of network activity and market sentiment, have plummeted to their lowest levels in six months. This significant decline, which fell to $1.12 on April 27, has sparked speculation among crypto analysts about the possibility of an imminent altcoin rally.

以太坊的交易費用是網路活動和市場情緒的關鍵指標，已降至六個月來的最低水準。這一大幅下跌在 4 月 27 日跌至 1.12 美元，引發了加密貨幣分析師對山寨幣即將上漲的可能性的猜測。

Historically, fluctuations in Ethereum gas fees have often mirrored market sentiment, with peaks coinciding with market tops and lows signaling potential market bottoms. The current decrease in gas fees suggests a shift in sentiment, potentially heralding the beginning of a bullish period for altcoins.

從歷史上看，以太坊汽油費的波動往往反映了市場情緒，高峰與市場頂部一致，而低點則預示著潛在的市場底部。目前汽油費的下降顯示市場情緒轉變，可能預示著山寨幣看漲時期的開始。

Altcoin Rally Imminent?

山寨幣反彈即將來臨？

Santiment, a leading crypto analytics platform, suggests that the drop in gas fees could indicate a shift in sentiment and the beginning of an altcoin rally. Despite recent market retracements, the decreased demand and network pressure could lead to a quicker bullishness for Ethereum and other altcoins than anticipated.

領先的加密分析平台 Santiment 表示，汽油費的下降可能表明情緒的轉變和山寨幣反彈的開始。儘管最近市場出現回調，但需求下降和網路壓力可能會導致以太坊和其他山寨幣的看漲速度比預期更快。

The decline in gas fees coincides with a modest rally in ETH, which has gained 0.7% in the past fourteen days. Additionally, tokens associated with Ethereum layer-2 networks, such as Optimism (OP), Arbitrum (ARB), and Polygon (MATIC), have been among the top-performing assets in the top 50 cryptocurrencies by market capitalization lately.

汽油費下降的同時，ETH 也小幅上漲，在過去 14 天上漲了 0.7%。此外，與以太坊第 2 層網路相關的代幣，例如 Optimism (OP)、Arbitrum (ARB) 和 Polygon (MATIC)，最近已躋身市值排名前 50 的加密貨幣中表現最好的資產之列。

Surge in Ethereum Circulating Supply

以太坊流通供應量激增

Alongside the drop in gas fees, Ethereum has also experienced a surge in its circulating supply. Over the past month, 74,458 new ETH tokens were issued, while only 57,516 were burned, resulting in a net increase of 16,979 new Ether.

除了汽油費下降之外，以太坊的流通供應量也出現激增。過去一個月，新發行了 74,458 枚 ETH 代幣，而僅銷毀了 57,516 枚，淨增加了 16,979 枚新以太幣。

This increase in supply contrasts with the previous five months, which saw a steady deflationary trend. Nonetheless, over 437,000 ETH tokens have been burned since the Ethereum network transitioned to a proof-of-stake consensus mechanism, known as the Merge, in September 2022.

供應量的增加與前五個月形成鮮明對比，前五個月出現了穩定的通貨緊縮趨勢。儘管如此，自 2022 年 9 月以太坊網路過渡到權益證明共識機制（稱為合併）以來，已有超過 437,000 個 ETH 代幣被銷毀。

Analysts speculate that the combination of lower gas fees and increased supply could lead to heightened activity on the Ethereum network, benefiting other altcoins as well.

分析師推測，較低的汽油費和增加的供應量可能會導致以太坊網路上的活動加劇，從而使其他山寨幣受益。

Cryptocurrency Market and Fed's Interest Rate Decision

加密貨幣市場與聯準會利率決定

As the cryptocurrency market braces for a pivotal week – the release of the US Federal Reserve's interest rate decision on May 1, BTC and altcoins brace up for mounting pressure. Over the past weekend, BTC's price experienced a 2.2% correction, slipping below $62,500, while some top altcoins declined by 4-10%.

隨著加密貨幣市場即將迎來關鍵的一周——聯準會將於 5 月 1 日發布利率決定，比特幣和山寨幣將面臨越來越大的壓力。過去的周末，BTC 的價格經歷了 2.2% 的回調，跌破 62,500 美元，而一些頂級山寨幣則下跌了 4-10%。

This downturn underscores the market's sensitivity to macroeconomic events and investor sentiment. Market analysts' expectations about the Federal Reserve's upcoming interest rate decision lean heavily towards maintaining current rates.

這種低迷凸顯了市場對宏觀經濟事件和投資者情緒的敏感度。市場分析師對聯準會即將做出的利率決定的預期很大程度上傾向於維持當前利率。

However, recent economic indicators from the United States have injected uncertainty. Weaker-than-expected GDP figures hint at a potential economic slowdown. In contrast, elevated Core PCE inflation figures suggest a growing concern about the possibility of stagflation, a combination of slow economic growth and rising inflation.

然而，美國近期的經濟指標卻帶來了不確定性。 GDP數據弱於預期暗示經濟可能放緩。相較之下，核心個人消費支出通膨數據的上升表明，人們越來越擔心經濟成長緩慢和通膨上升相結合的滯膨可能性。

While this is still speculative, it has already impacted market sentiment. As a result, expectations have changed, and investors now expect only one interest rate cut in 2024, a significant reduction from the initial forecast of seven cuts at the beginning of the year and three predicted in March.

雖然這仍然是推測性的，但它已經影響了市場情緒。因此，預期發生了變化，投資者目前預計 2024 年只會降息一次，較年初預計的七次降息和 3 月份預測的三次降息大幅下調。

Thus, cryptocurrency investors remain on edge as they await further developments. The outcome of the Federal Reserve's decision and subsequent economic data releases, including the April unemployment rate on May 3, will likely dictate market trends in the coming weeks.

因此，加密貨幣投資者在等待進一步發展時仍保持緊張狀態。聯準會的決定結果和隨後發布的經濟數據，包括 5 月 3 日的 4 月失業率，可能會決定未來幾週的市場趨勢。

Disclaimer: Cryptocurrencies and digital tokens are highly volatile, and investors should conduct their own research before making any investment decisions. The views expressed in this article are solely the author's and do not necessarily reflect the views of Herald Sheets. Herald Sheets is not responsible for the accuracy or reliability of any information provided in this article.

免責聲明：加密貨幣和數位代幣波動性很大，投資者在做出任何投資決定之前應進行自己的研究。本文所表達的觀點僅代表作者的觀點，不一定反映先驅表的觀點。 Herald Sheets 對本文中提供的任何資訊的準確性或可靠性概不負責。