美國總統唐納德·特朗普（Donald Trump）的關稅和缺乏短期催化劑正在煽動市場觀察家的謹慎

認為以太坊的以太（ETH）可能會受到特別影響。

Fresh U.S. tariffs and a lack of near-term catalysts prompted market watchers to sound the alarm, especially for Ethereum’s ether (ETH) token, while bitcoin remained little changed Monday.

新鮮的美國關稅和缺乏近期催化劑促使市場觀察者發出警報，尤其是對於以太坊的以太（ETH）令牌，而比特幣週一幾乎沒有改變。

President Donald Trump on Sunday said he will introduce 25% tariffs on all steel and aluminum imports into the U.S., over and above existing duties, with reciprocal tariffs later in the week to be applied to all countries. The rhetoric and a spike in inflation expectations could herald bearishness.

唐納德·特朗普總統週日表示，他將對所有鋼鐵和鋁進口徵收25％的關稅，以超出現有的職責，並在本週晚些時候對所有國家徵收互惠關稅。通貨膨脹期望的言論和激增可能會使看跌。

Crypto majors clocked minor gains into European afternoon hours Monday, while U.S. futures Dow and S&P 500 were up 0.46% ahead of the New York open. Bitcoin, ether, XRP, Solana’s SOL and dogecoin (DOGE) were up less than 1% in the past 24 hours, as BNB Chain’s BNB lost 4.5% after a Sunday rally.

加密專業的大滿貫週一在歐洲下午的小時數中獲得了較小的收益，而美國的期貨道瓊斯指數和標準普爾500指數比紐約公開賽領先0.46％。在過去的24小時內，比特幣，以太，XRP，Solana的Sol和Dogecoin（Doge）不到1％，因為BNB Chain的BNB在周日集會後損失了4.5％。

Tariffs introduce economic uncertainty by potentially escalating trade wars, which can lead to market volatility – such events tend to impact bitcoin and the broader crypto market as investors typically pivot from risk assets to safer investments.

關稅通過潛在地升級貿易戰來引起經濟不確定性，這可能導致市場波動- 這些事件往往會影響比特幣和更廣泛的加密貨幣市場，因為投資者通常會從風險資產到更安全的投資中投資。

Some traders say ether could be further impacted as sentiment for crypto fades down, adding to an already tumultuous year for the asset which saw a widely-watched bitcoin-ether ratio drop to 2021, indicating a fallout for ETH and preference for BTC.

一些交易者表示，以太幣可能會進一步影響，因為加密貨幣的情感逐漸消失，這增加了本來已經令人動蕩的一年，而該資產的比特幣- 比特幣- 埃克（Bitcoin-Ether）比率降低到2021年，表明ETH的後果和BTC的偏好。

A drop in ETH may further herald bad news for related beta bets such as memecoin dogecoin (DOGE) and Ethereum-based decentralized finance (DeFi) tokens, which tend to mirror the movements of the parent asset.

ETH的下降可能會進一步預示相關的Beta賭注（例如Memecoin Dogecoin（Doge）和以太坊的分散財務（DEFI）代幣）的壞消息，這些財務（DEFI）代幣傾向於反映父母資產的運動。

“The rise of BTC vs everything else is the most evident in comparison with ETH, which is seeing record short-interest and FUD with the 2nd largest token being down -23% YTD vs a +2.5% gain in BTC,” Augustine Fan, head of insights at SignalPlus, told CoinDesk in a Telegram message.

“與ETH相比，BTC與其他所有方面的興起最為明顯，這是創紀錄的短缺和FUD，第二大令牌下跌了-23％YTD，而BTC的增長率為+2.5％，奧古斯丁粉絲， ” SignalPlus的見解負責人在電報消息中告訴Coindesk。

“At the risk of sounding like a broken record, but a lack of Layer 1 catalysts and narrative leadership will likely continue to weigh on Ethereum in the foreseeable future,” agregó Fan.

“冒著聽起來像是一張破紀錄的風險，但是在可預見的將來，缺乏第一層的催化劑和敘事領導能力可能會繼續對以太坊進行權衡。”

“Ethereum has been hit particularly hard as ETH reversed its entire pump from late November last year, unwinding any gains to holders,” said Nick Ruck, director at LVRG Research, in a Telegram message. “Inflation expectations have resulted in traders pricing in only one Federal Reserve interest rate cut this year, which bodes poorly for risk assets like crypto.”

LVRG Research的董事尼克·魯克（Nick Ruck）在一份Telegram信息中說：“以太坊受到了巨大的打擊，因為ETH從去年11月下旬開始扭轉了整個泵，向持有人提供了任何收益。” “通貨膨脹的預期導致交易者的定價今年僅降低了一個美聯儲的利率，這對加密貨幣等風險資產的影響很差。”

In other news, traders at Singapore-based QCP Capital expect crypto markets to flip-flop in the coming weeks as Trump’s words continue to impact markets.

在其他新聞中，總部位於新加坡的QCP Capital的交易者預計加密貨幣市場將在未來幾週內翻倒，因為特朗普的話繼續影響市場。

“A feedback loop is emerging – President Trump, highly sensitive to market reactions, is facing a market increasingly calling his bluff. This could embolden him further, adding another layer of volatility,” the firm said in a Monday broadcast message.

“反饋循環正在興起 - 對市場反應高度敏感的特朗普總統正面臨越來越多的市場稱呼他的虛張聲勢。這可能會使他進一步加劇，增加了另一層波動性。”該公司在周一的廣播信息中說。

“BTC volatility now skews in favor of puts until April, reflecting a lack of upside catalysts,” it concluded.

它總結說：“現在，BTC的波動率偏向於前鋒，直到四月，反映了缺乏上升催化劑。”