以太坊價格會重回 4000 美元還是即將跌破 3000 美元？

在過去的幾天裡，以太坊的價格一直在上漲。在這些事件發生之際，交易所的 ETH 流入量增加，而總部位於瑞士的非營利以太坊基金會則專注於推進以太坊 (ETH) 網路的持續拋售。

Ethereum price has been on a downward trend in recent days, with several factors contributing to the bearish pressure. Despite a promising start to 2025, with rising crypto prices, the tables have turned. Now, as ETH struggles to stay above $3,200, traders are left wondering if the bear market will continue.

最近幾天，以太幣價格一直呈下跌趨勢，有幾個因素造成了看跌壓力。儘管 2025 年的開局充滿希望，但隨著加密貨幣價格的上漲，情況已經發生了逆轉。現在，隨著 ETH 努力保持在 3,200 美元以上，交易員們不禁想知道熊市是否會繼續。

A closer look at the price chart reveals a concerning sight. Ethereum price has been making red daily candles for the last couple of days. This occurrence is usually a bearish sign, indicating a decrease in price and a potential downtrend. But what could be driving this bearish trend?

仔細觀察價格圖表就會發現令人擔憂的景象。在過去的幾天裡，以太坊的價格一直在上漲。這種情況通常是看跌訊號，表示價格下跌和潛在的下降趨勢。但是是什麼推動了這種看跌趨勢呢？

One factor that might be influencing Ethereum price is the rising ETH inflow on exchanges. Typically, when investors are looking to sell their crypto holdings, they transfer them to exchanges. So, an increase in ETH exchange inflows could be suggesting that investors are preparing to sell, which might be putting downward pressure on the price.

可能影響以太幣價格的因素之一是交易所的 ETH 流入量不斷增加。通常，當投資者尋求出售其持有的加密貨幣時，他們會將其轉移到交易所。因此，ETH 交易所流入量的增加可能表明投資者正在準備出售，這可能會對價格造成下行壓力。

Another occurrence that has been in the spotlight is the continued selling by a Swiss-based non-profit organization dedicated to advancing the Ethereum network. The organization, known as the Ethereum Foundation, is focused on various initiatives related to the network's development and community engagement.

另一個備受關注的事件是致力於推進以太坊網路的瑞士非營利組織的持續銷售。該組織被稱為以太坊基金會，專注於與網路開發和社區參與相關的各種舉措。

Recently, the foundation has been making regular ETH sales, which are being carried out by a third party over-the-counter (OTC) desk. In the latest update, the foundation sold 100 ETH on March 15, which were exchanged for 329,463 DAI stablecoins.

最近，該基金會一直在定期進行 ETH 銷售，由第三方場外交易 (OTC) 部門進行。在最新的更新中，基金會於 3 月 15 日出售了 100 ETH，兌換了 329,463 DAI 穩定幣。

These sales are part of an ongoing strategy by the foundation to diversify its holdings and generate funds for its operations. However, the foundation's selling activity has been closely monitored by the crypto community, as it often precedes price declines.

這些出售是基金會持續策略的一部分，旨在實現資產多元化並為其營運籌集資金。然而，該基金會的銷售活動一直受到加密貨幣社群的密切監控，因為它通常會先於價格下跌。

Another factor that might be impacting Ethereum price is the surging US30Y or United States 30-year government bond yields. Bond yields are a crucial indicator of interest rates and the health of the economy. Usually, higher yields make riskier assets, like cryptocurrencies, less appealing.

另一個可能影響以太幣價格的因素是 US30Y 或美國 30 年期政府公債殖利率的飆升。債券殖利率是利率和經濟健康狀況的重要指標。通常，較高的收益率會降低加密貨幣等風險較高的資產的吸引力。

So, as the 30-year government bond yields continue to rise, investors might be shifting their funds away from cryptocurrencies and toward safer assets. This could be contributing to the sell pressure on Ethereum price.

因此，隨著 30 年期公債殖利率持續上升，投資人可能會將資金從加密貨幣轉向更安全的資產。這可能會加劇以太幣價格的拋售壓力。