尽管有看跌的情绪，但分析师预言了700％的ETH集会，宏观经济事件助长了

以太坊（ETH）市场是广泛的加密货币生态系统的缩影，最近几周一直是叙事冲突的战场。

The Ethereum (ETH) market, a microcosm of the broader cryptocurrency ecosystem, has been a battleground of conflicting narratives in recent weeks. A confluence of macroeconomic events, headlined by the introduction of Donald Trump’s tariff plans, has injected a potent dose of fear and uncertainty, triggering a significant price correction and prompting a notable exodus of ETH from whale wallets. However, amidst this bearish sentiment, a cadre of analysts is emerging, prophesying a dramatic recovery and even a 700% rally, fueled by the very macroeconomic forces that triggered the downturn.

以太坊（ETH）市场是广泛的加密货币生态系统的缩影，最近几周一直是叙事冲突的战场。引入唐纳德·特朗普（Donald Trump）的关税计划的标题为宏观经济事件的汇合，已经注入了有力的恐惧和不确定性，引发了重大的价格纠正，并促使人们从鲸鱼钱包中出现了ETH的显着外流。但是，在这种看跌的情绪中，一群分析师正在出现，预言了戏剧性的恢复，甚至是700％的集会，这是由于触发低迷的非常宏观经济的力量所推动的。

This stark contrast between the actions of short-term traders, particularly whales offloading substantial ETH holdings at a loss, and the optimistic forecasts of seasoned analysts underscores the inherent volatility and unpredictability of the cryptocurrency market. As investors grapple with the immediate impact of market fluctuations, they must also contend with the long-term implications of macroeconomic events and the potential for a swift and dramatic reversal.

短期交易者的行动，尤其是鲸鱼的行动之间的这种形成鲜明对比，造成了大量ETH持有的损失，而经验丰富的分析师的乐观预测强调了加密货币市场的固有波动和不可预测性。当投资者应对市场波动的直接影响时，他们还必须与宏观经济事件的长期影响以及迅速而引人注目的逆转潜力。

The Whale’s Retreat: A $6.82M Offload Amidst Fear and Loss

鲸鱼的撤退：在恐惧和损失中的682万美元卸货

Ethereum, despite its status as the second-largest cryptocurrency by market capitalization, has not been immune to the market’s recent turbulence. The introduction of Trump’s tariff plans, coupled with other macroeconomic headwinds, has precipitated a 10% decline in ETH’s price over the past week, exacerbating the asset’s 54% drop from its December 2024 peak. This precipitous fall has eroded investor confidence, particularly among short-term holders, who have reportedly incurred losses exceeding $400 million.

尽管以太坊的地位是市场资本化的第二大加密货币，但并不能免疫该市场最近的动荡。在过去一周中，特朗普的关税计划的引入以及其他宏观经济逆风的逆风加剧了ETH的价格下降了10％，这加剧了该资产从2024年12月的峰值下降了54％。这种急剧下跌侵蚀了投资者的信心，尤其是在短期持有人中，据报道，损失超过4亿美元。

Amidst this climate of fear and uncertainty, a significant whale transaction has come to light. An Ethereum whale, seemingly capitulating to the prevailing bearish sentiment, offloaded 3,732 ETH, equivalent to $6.82 million, on the Coinbase exchange. This transaction, executed at a loss, underscores the extent of the fear gripping the market. Should the whale liquidate these holdings at the current price, they stand to incur a staggering $1.8 million loss.

在这种恐惧和不确定性的气氛中，一项重大的鲸鱼交易已经揭示。一条以太坊的鲸鱼似乎屈服于普遍的看跌感情，在Coinbase Exchange上卸下了3,732 ETH，相当于682万美元。这项交易亏本执行，强调了恐惧席卷市场的程度。如果鲸鱼以当前价格清算这些持股，他们将造成惊人的180万美元亏损。

This whale’s decision to offload ETH at a loss is a stark illustration of the emotional rollercoaster that often accompanies cryptocurrency trading. The fear of further losses can override rational decision-making, leading to panic selling and exacerbating market downturns.

该鲸鱼决定亏本卸载ETH的决定是经常伴随加密货币交易的情感过山车的鲜明例证。担心进一步损失会覆盖理性的决策，从而导致恐慌销售和加剧市场的低迷。

The Bullish Bastion: Long-Term Holders and Staking Resilience

看涨堡垒：长期持有人和固定弹性

Despite the bearish sentiment and the whale’s retreat, there are signs of resilience among long-term Ethereum holders. ETH staking and exchange reserve reports indicate that these investors are maintaining a bullish outlook, suggesting a belief in the asset’s long-term potential.

尽管看跌和鲸鱼的撤退，但长期以太坊持有人的韧性迹象。 ETH Staking and Exchange Reserve报告表明，这些投资者正在维持看涨的前景，这表明对资产的长期潜力有信念。

ETH staking, which involves locking up ETH to support the network and earn rewards, demonstrates a commitment to the asset’s future.1 The continued participation of long-term holders in staking activities suggests that they are unfazed by short-term price fluctuations and remain confident in Ethereum’s long-term value proposition.

ETH Staking涉及将ETH锁定以支持网络并赢得奖励，这表明了对资产未来的承诺。1长期持有人继续参与放入活动，这表明他们对短期价格的波动不满意，并且对Ethereum的长期价值主张保持信心。

Furthermore, the stability of ETH exchange reserves indicates that long-term holders are not rushing to sell their holdings, even amidst the price decline. This suggests a belief that the current downturn is temporary and that Ethereum will eventually recover.

此外，ETH Exchange储量的稳定性表明，长期持有人也不急于出售其持股，甚至在价格下降中。这表明一种信念，即当前的衰退是暂时的，以太坊最终会恢复。

The Analyst’s Gambit: A 700% Rally Fueled by Macroeconomic Events

分析师的gambit：由宏观经济事件推动的700％集会

Amidst the prevailing bearish sentiment, a group of analysts is emerging with a contrarian perspective, predicting a dramatic recovery and even a 700% rally for Ethereum. These analysts, like CryptoELITES, believe that the current price levels represent a buying opportunity, with ETH poised to rebound strongly by the end of the year.

在普遍的看跌情绪中，一群分析师以逆势观点出现，预测了戏剧性的恢复，甚至是700％的以太坊集会。这些分析师像CryptoElites一样，认为当前的价格水平代表了购买机会，ETH准备在今年年底之前强烈反弹。

Their bullish thesis is predicated on the belief that the current downtrend is primarily driven by macroeconomic factors, such as Trump’s tariffs and inflation concerns, rather than a fundamental flaw in Ethereum’s technology or adoption. They argue that these macroeconomic headwinds are temporary and that the market will eventually recognize Ethereum’s intrinsic value.

他们的看涨论点是基于这样的信念，即目前的下降主要是由宏观经济因素驱动的，例如特朗普的关税和通货膨胀问题，而不是以太坊技术或采用的基本缺陷。他们认为这些宏观经济的逆风是暂时的，市场最终将认识到以太坊的内在价值。

One analyst, symbiote, posits that the rise in gold prices and inflation will eventually lead to their fall, prompting investors to seek refuge in cryptocurrencies. He argues that if inflation comes under control, investors will shift their focus to riskier assets like crypto, triggering a significant price rally.

一位分析师Symbiote认为，黄金价格和通货膨胀的上涨最终将导致其下降，促使投资者寻求加密货币的庇护。他认为，如果通货膨胀受到控制，投资者将把重点转移到加密货币等风险的资产上，从而引发了大量的价格集会。

To bolster their bullish predictions, analysts often cite historical precedents, such as Ethereum’s 2017 rally, where it surged from $30 to $1,400, delivering a 46x return.2 They believe that similar macroeconomic conditions could create a fertile ground for another dramatic price surge.

为了提高看涨的预测，分析师经常引用历史先例，例如以太坊的2017年拉力赛，从30美元飙升至1,400美元，带来了46倍的回报。2他们认为，类似的宏观经济状况可能会给另一种巨大的价格飙升带来肥沃的地面。

The Trump Card: The Influence of Macroeconomic Policies

王牌：宏观经济政策的影响

The analysts’ bullish predictions, however, are contingent on the unfolding of macroeconomic events, particularly those related to Trump’s policies. The introduction of tariffs, which can disrupt global trade and exacerbate inflation, has already had a significant impact on investor sentiment.

然而，分析师的看涨预测取决于宏观经济事件的展开，尤其是与特朗普政策有关的事件。关税的引入可能破坏全球贸易和加剧通货膨胀，已经对投资者的情绪产生了重大影响。

The upcoming tariff announcements and inflation reports will be closely scrutinized by market participants. If these events align with the analysts’ predictions, they could trigger a

即将到来的关税公告和通货膨胀报告将受到市场参与者的严格审查。如果这些事件与分析师的预测一致，则可以触发