2025 年以太坊價格預測：鯨魚聚集，新進入者加入網絡，ETH 價格目標保持積極

儘管一些大型持有者似乎在去年年底削減了頭寸，但其他財力雄厚的投資者已經開始累積 ETH，這表明市值第二大的加密貨幣仍然得到了強勁的支持。

Major cryptocurrency ETH experienced a turbulent 2024, with a large price swing and ultimately closing the year down by about 15%. Yet despite the downturn and regulatory pressures, on-chain data suggests that large investors remained engaged in the market.

主要加密貨幣 ETH 經歷了動盪的 2024 年，價格波動較大，最終全年下跌約 15%。然而，儘管面臨經濟低迷和監管壓力，鏈上數據顯示大型投資者仍在參與市場。

According to on-chain analysis, a prominent whale made a splash in early January with a purchase of more than 22,000 ETH at roughly the $3,300 range — a move that signaled a countertrend view and suggested that, despite short-term volatility, big players still see potential for sizable gains in the near future.

根據鏈上分析，一月初，一隻著名鯨魚以大約3,300 美元的價格購買了超過22,000 枚ETH，引起了轟動——這一舉動表明了一種反趨勢的觀點，並表明，儘管存在短期波動，但大型參與者仍看到在不久的將來有可能獲得可觀的利益。

Meanwhile, on-chain analytics also pointed to a dynamic environment. New Ethereum addresses increased over 3% in the past week, signifying fresh entrants to the network. Though active addresses briefly declined, observers saw this as a lull rather than a broader downturn, given the recent whale interest and the broader health of the ecosystem.

同時，鏈上分析也指出了一個動態的環境。過去一周，新的以太坊地址增加了 3% 以上，這意味著網路中有新成員加入。儘管活躍地址短暫下降，但考慮到最近鯨魚的興趣和生態系統的更廣泛健康狀況，觀察人士認為這是一種平靜，而不是更廣泛的低迷。

After a flat stretch under $3,500, ETH faced repeated attempts to break free of its trading range. Indicators like the Moving Average Convergence Divergence (MACD) and Taker-Buy-Sell ratios bounced between mild bearish and bullish signals, keeping many traders on the sidelines.

在 3,500 美元以下持平之後，ETH 多次面臨突破交易區間的嘗試。移動平均線收斂分歧（MACD）和接受者買入賣出比率等指標在溫和的看跌和看漲訊號之間反彈，使許多交易者保持觀望。

Still, leading analysts argued that a decisive breach of the $3,800 level could kick-start a rally toward $5,000 — an event that would likely require coordinated whale accumulation and improved overall market sentiment.

儘管如此，主要分析師認為，決定性突破 3,800 美元水平可能會引發漲勢至 5,000 美元——這一事件可能需要鯨魚的協調增持並改善整體市場情緒。

While Bitcoin significantly outperformed most cryptos in 2024, ETH's developer ecosystem and Web3 integrations remained unrivaled. Decentralized applications (dApps), decentralized finance (DeFi) protocols, and non-fungible token (NFT) platforms still heavily rely on ETH's network. Despite occasional spikes in fees and the growing popularity of Layer-2 networks, ETH continued to stand out as the default environment for cutting-edge blockchain innovation.

雖然比特幣在 2024 年的表現明顯優於大多數加密貨幣，但 ETH 的開發者生態系統和 Web3 整合仍然無與倫比。去中心化應用程式（dApps）、去中心化金融（DeFi）協議和不可替代代幣（NFT）平台仍然嚴重依賴 ETH 網路。儘管費用偶爾會飆升並且第 2 層網路越來越受歡迎，但 ETH 仍然作為尖端區塊鏈創新的預設環境而脫穎而出。

Whether ETH can push past $4,000 or $5,000 later this year hinges on its ability to attract ongoing whale support, entice new retail users, and deliver more efficient transactions through recent and upcoming upgrades. If these catalysts align, ETH could stage a decisive breakout and close the performance gap with Bitcoin.

ETH 在今年稍後能否突破 4,000 美元或 5,000 美元，取決於其吸引持續鯨魚支援、吸引新零售用戶以及透過最近和即將到來的升級提供更高效交易的能力。如果這些催化劑一致，ETH 可能會實現決定性突破並縮小與比特幣的性能差距。

Given ETH’s indispensable role in crypto markets, many experts believe that short-term price turbulence is merely part of its longer trajectory. As more large investors take advantage of sideways action to accumulate, the stage is set for ETH to not only recover its footing, but potentially reach new highs in 2025.

鑑於 ETH 在加密貨幣市場中不可或缺的作用，許多專家認為短期價格波動只是其長期軌跡的一部分。隨著越來越多的大型投資者利用橫盤整理的機會進行增持，ETH 不僅會站穩腳跟，而且有可能在 2025 年創下新高。