以太坊在市場樂觀和衍生性商品押注中飆升

在積極的社會情緒和衍生性商品市場的樂觀情緒的推動下，現貨加密貨幣市場的以太幣（ETH）飆升了 8%。該資產已超越比特幣 (BTC) 和大多數競爭對手，達到 3,722 美元的盤中高點。這是 ETH 自 3 月 16 日以來達到的最高價格。社群情報公司 Lunar Crush 將這一勢頭歸因於「超強」的活動和價格走勢，而以太坊衍生品市場在 4 月底表現出看漲情緒，高執行價格的未平倉合約數量龐大。

Ethereum Surges Amidst Bullish Sentiment and Derivative Optimism

以太坊在看漲情緒和衍生性商品樂觀情緒中飆升

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a significant surge of 8% in spot crypto markets on Monday, reaching an intraday high of $3,722. This bullish momentum has outpaced Bitcoin (BTC) and most of its close competitors, according to data from CoinGecko.

以市值計算的第二大加密貨幣以太幣（ETH）週一在現貨加密貨幣市場大幅上漲 8％，達到 3,722 美元的盤中高點。根據 CoinGecko 的數據，這種看漲勢頭已經超過了比特幣 (BTC) 及其大多數競爭對手。

The latest price spike marks the highest level ETH has reached since March 16, just over three weeks ago. The asset now stands 9% below its 2024 high of $4,070 and 24% down from its 2021 all-time high of $4,878.

最新的價格飆升標誌著 ETH 自 3 月 16 日（三週前）以來達到的最高水平。該資產目前較 2024 年高點 4,070 美元下跌 9%，較 2021 年歷史高點 4,878 美元下跌 24%。

Factors Driving Ethereum's Ascent

推動以太坊上漲的因素

Several factors may have contributed to Ethereum's recent rally, including an "ultra-strong" surge in social sentiment and market activity. Social intelligence firm Lunar Crush noted that social activity has accelerated alongside positive price action and market volume.

有幾個因素可能促成了以太坊最近的上漲，包括社會情緒和市場活動的「超強」激增。社群情報公司 Lunar Crush 指出，隨著正面的價格走勢和市場成交量，社交活動也正在加速。

Bullish Derivative Sentiment

看漲衍生性商品情緒

Ethereum's derivatives markets also indicate bullish sentiment for the asset. Crypto futures exchange Deribit reports approximately $600 million in open interest (OI) at the $4,000 strike price and $378 million at strike prices of $3,700 and $5,000.

以太坊的衍生性商品市場也顯示了對該資產的看漲情緒。加密貨幣期貨交易所Deribit 報告稱，以4,000 美元的執行價格計算，未平倉合約(OI) 約為6 億美元，以3,700 美元和5,000 美元的執行價格計算，未平倉合約約為3.78 億美元。

This suggests a positive bias and bullish outlook for the end-of-the-month options expiry on April 26, when approximately 900,000 Ethereum contracts with a notional value of $3.8 billion expire.

這表明對 4 月 26 日月末期權到期的積極偏見和看漲前景，屆時大約 90 萬個名義價值為 38 億美元的以太坊合約到期。

Cautionary Observations

警告性觀察

Despite the prevailing optimism, some market analysts urge caution. Crypto author and educator Vijay Boyapati suggests that the momentum may be driven by anticipation of Ethereum spot ETF approvals, and could face a setback if these applications are rejected.

儘管市場普遍樂觀，但一些市場分析師仍敦促謹慎行事。加密貨幣作家兼教育家 Vijay Boyapati 表示，這一勢頭可能是由以太坊現貨 ETF 批准的預期推動的，如果這些申請被拒絕，可能會面臨挫折。

ERC-20 Assets Follow ETH's Rise

ERC-20資產跟隨ETH上漲

On-chain analytics firm Santiment observed that ERC-20 assets, tokens built on the Ethereum network, have outperformed the broader cryptocurrency market. ERC-20 assets have grown by an average of 8.1% in the past week, fueled by Ethereum's early week rally.

鏈上分析公司 Santiment 觀察到，ERC-20 資產（基於以太坊網路的代幣）的表現優於更廣泛的加密貨幣市場。在以太坊周初反彈的推動下，ERC-20 資產在過去一周平均成長了 8.1%。

Toncoin Surpasses Cardano

Toncoin 超越卡爾達諾

In a separate but related development, Toncoin (TON) has surpassed Cardano (ADA) to become the tenth-largest cryptocurrency by market capitalization. Toncoin's daily gain of 18.5% propelled it to an all-time high of $6.50 on April 9.

在一個單獨但相關的發展中，Toncoin (TON) 已經超越 Cardano (ADA)，成為以市值計算第十大加密貨幣。 Toncoin 的日漲幅為 18.5%，使其在 4 月 9 日達到 6.50 美元的歷史新高。

Conclusion

結論

Ethereum's recent surge underscores the bullish sentiment prevailing in the cryptocurrency market. While factors such as strong social sentiment and positive derivative sentiment have contributed to the rally, analysts caution that the momentum could shift if anticipations of Ethereum spot ETF approvals fail to materialize. Nevertheless, the rise of ERC-20 assets and the emergence of Toncoin as a top-ten cryptocurrency add to the overall positive outlook for the cryptocurrency sector.

以太幣最近的飆升凸顯了加密貨幣市場普遍存在的看漲情緒。儘管強勁的社會情緒和積極的衍生品情緒等因素推動了漲勢，但分析師警告稱，如果以太坊現貨 ETF 批准的預期未能實現，這一勢頭可能會發生變化。儘管如此，ERC-20資產的崛起以及Toncoin作為十大加密貨幣的出現增加了加密貨幣行業的整體積極前景。