儘管過去幾天積極趨勢，以太坊價格崩潰使投資者震驚了投資者

過去幾天，以太坊似乎處於積極的趨勢，從2月份的大幅下滑中恢復過來。但是，今天以太坊價格崩潰震驚了投資者。

The U.S. recession fears are affecting riskier markets like digital assets. As several economic indicators have shown, overall investor confidence is declining. Experts are also concerned about the current geopolitical situation, especially the potential for a trade war and rising inflation.

美國經濟衰退的擔憂會影響諸如數字資產之類的風險市場。正如幾個經濟指標所表明的那樣，總體投資者的信心正在下降。專家還擔心當前的地緣政治狀況，尤其是貿易戰和通貨膨脹率上升的潛力。

An interesting term, “Trumpcession,” has emerged, tying together anxieties about the former U.S. president's policies and the broader economic outlook. This fear of a recession has caused massive problems for Ethereum, as it was already grappling with several issues related to its Layer-1 ecosystem.

一個有趣的術語“王牌”已經出現了，對美國前總統的政策和更廣泛的經濟前景融為一體。這種對經濟衰退的恐懼引起了以太坊的巨大問題，因為它已經在努力處理與其1層生態系統有關的幾個問題。

Crypto Long Liquidations Exacerbate Market Crash

加密長清算加劇市場崩潰

The market crash since yesterday has seen huge liquidations. Over the past 24 hours, around $175 million worth of cryptocurrency was liquidated across various tokens. Among them, Ethereum saw nearly $30 million in liquidations. This wave of market exits was largely driven by long-term holders closing their positions due to price declines.

自昨天以來的市場崩潰已經大量清算。在過去的24小時內，在各種令牌上清算了價值約1.75億美元的加密貨幣。其中，以太坊看到了近3000萬美元的清算。由於價格下降，這一浪潮的出口主要是由長期持有人關閉頭寸的驅動。

As Chainalysis data reveals, the majority of liquidations were on Binance, with a total of $96.7 million. This was closely followed by OKX, rendering a staggering $60.4 million in liquidations. The third largest platform was Bitget, not to be outdone with $12.3 million.

正如鍊分析數據所顯示的那樣，大多數清算均持續使用，總計9670萬美元。緊隨其後的是OKX，這使得驚人的60040萬美元清算。第三大平台是Bitget，不會以1,230萬美元的價格淘汰。

This pattern is no surprise, given Binance's dominance in derivatives trading. It is the preferred exchange for many traders seeking leveraged positions. However, with market crashes often leading to rapid margin calls and subsequent liquidations, Binance naturally takes the lead.

考慮到Binance在衍生品交易中的主導地位，這種模式並不奇怪。對於許多尋求槓桿職位的交易者來說，這是首選的交易所。但是，由於市場崩潰通常會導致迅速的電話和隨後的清算，因此Binance自然會帶頭。

This time, the market crash was largely driven by a broader market downturn, which in turn led to a series of technical sell-offs. As such, most of the liquidated tokens were cryptocurrency. Among them, Ethereum was hit hardest, with nearly $30 million in liquidations. This was followed by Bitcoin, which saw around $16 million in liquidations.

這次，市場崩潰在很大程度上是由於更廣泛的市場低迷而驅動的，這反過來又導致了一系列的技術拋售。因此，大多數清算令牌是加密貨幣。其中，以太坊受到了最大的打擊，近3000萬美元的清算。其次是比特幣，大約有1600萬美元的清算。

Liquidation Risks Loom for ETH-Backed Crypto Loans

清算風險迫在眉睫的ETH支持的加密貸款

Adding to Ethereum’s woes, many crypto loans backed by Ethereum are facing liquidation risks. As the Ethereum price continues to abandon critical support levels, borrowers may be forced to sell off their positions. A close look at the data from crypto lending platforms reveals that a substantial portion of crypto loans are being liquidated.

除了以太坊的困境外，許多由以太坊支持的加密貸款都面臨著清算風險。隨著以太坊價格繼續放棄關鍵支持水平，借款人可能被迫賣掉其頭寸。仔細查看來自加密貸款平台的數據表明，正在清算了很大一部分加密貸款。

This issue has affected not only retail investors but also raises questions about the stability of these crypto-lending platforms. As crypto lending platforms gain popularity, they are offering innovative products and services to meet the diverse needs of crypto traders.

這個問題不僅影響了散戶投資者，而且還引發了有關這些加密貸款平台穩定性的疑問。隨著加密貸款平台的流行，他們提供創新的產品和服務，以滿足加密交易者的各種需求。

These platforms typically allow users to borrow cryptocurrencies against their cryptocurrency holdings. In essence, they function like traditional lending institutions, facilitating the borrowing and lending of crypto assets.

這些平台通常允許用戶對其加密貨幣持有率借用加密貨幣。從本質上講，它們的功能像傳統的貸款機構，促進加密資產的借貸和貸款。

Ethereum News Today: A Dumping Ground For Bad News

今天的以太坊新聞：壞消息的垃圾場

Today has seen a downturn in the crypto market, with most tokens now in a bearish territory. The crypto market cap has slid by 1.58% in the past hour, now at $1.49 trillion.

如今，加密貨幣市場上的經濟低迷，現在大多數令牌都位於看跌領域。在過去的一個小時中，加密市政上限的下跌1.58％，現在為1.49萬億美元。

The crypto lending platforms are also facing difficulties as the market slides further into bearish territory. This follows a broader market downturn that saw crypto lose $1 trillion in value over the past five months.

隨著市場進一步滑入看跌領域，加密貸款平台也面臨困難。這是因為在過去五個月中，Crypto的價值損失了1萬億美元。

The market crash since yesterday has seen huge liquidations. Over the past 24 hours, around $175 million worth of cryptocurrency was liquidated across various tokens. Among them, Ethereum saw nearly $30 million in liquidations. This wave of market exits was largely driven by long-term holders closing their positions due to price declines.

自昨天以來的市場崩潰已經大量清算。在過去的24小時內，在各種令牌上清算了價值約1.75億美元的加密貨幣。其中，以太坊看到了近3000萬美元的清算。由於價格下降，這一浪潮的出口主要是由長期持有人關閉頭寸的驅動。

And as the market keeps sliding further, these long-term holders may be forced to close their positions due to market pressure. This has exacerbated the downward pressure on ETH’s value.

隨著市場的進一步滑行，由於市場壓力，這些長期持有人可能被迫關閉其頭寸。這加劇了ETH價值的下降壓力。

Can ETH Price Recover Today?

ETH價格今天可以恢復嗎？

The chart reveals that ETH has had a terrible day. The Ethereum price started at $2,000 yesterday, with an uptrend taking it to $2,034 within four hours. However, strong resistance at $2,035 was seen. ETH found strong support at $2,018, and it looked like ETH was set for success.

該圖表顯示ETH度過了糟糕的一天。以太坊的價格昨天起價為2,000美元，上升趨勢在四個小時內將其提高到2,034美元。但是，可以看到強烈的抵抗力為$ 2,035。 ETH在2,018美元中獲得了強勁的支持，看起來ETH是為了成功而設定的。

However, ETH’s final attempt at the resistance came at 10:00 AM UTC. Failure to skip across led to a downfall, as Ethereum again fell into sub-$2,000 levels. However, it was able to find support close by at $1,990. Ethereum soon recovered, but failed to go beyond $2,026.

但是，ETH的最終抵抗嘗試是在UTC上午10:00。由於以太坊再次下降到2,000美元的水平，因此未能跳過導致失敗。但是，它能夠找到1,990美元的支持。以太坊很快恢復了，但未能超過2,026美元。

Chart 1: analyzed by raodevansh18, published on TradingView, March 28, 2025

圖1：由Raodevansh18分析，於2025年3月28日在TradingView上發布

Ethereum slumped and entered a trading range, hoping for an upward breakout. But the upward movement kept getting throttled, as the resistance trendline kept falling. A bearish triangle formed, and a price decline looked imminent.

以太坊跌倒並進入了交易範圍，希望有向上的突破。但是，隨著阻力趨勢線不斷下降，向上的運動一直被限制。一個看跌的三角形形成，價格下降看起來迫在眉睫。

However, investors were left shocked by the huge downward spike that appeared afterward, at 04:15 AM UTC. The ETH price plunged, going

然而，投資者被UTC上午04:15出現的巨大向下尖峰感到震驚。 ETH價格下跌，去