分析师说，比特币（BTC）的优势可能会进一步上升

当世界等待美国总统唐纳德·特朗普（Donald Trump）宣布今天晚些时候提议的报复性关税时，加密货币市场继续显示出不确定性的迹象。

Crypto markets continue to show signs of uncertainty as the world awaits US President Donald Trump’s announcement on proposed retaliatory tariffs later today.

加密市场继续显示出不确定性的迹象，因为全世界都在等待美国总统唐纳德·特朗普（Donald Trump）宣布今天晚些时候提议的报复性关税。

Meanwhile, crypto analyst Rekt Capital has pointed out that Bitcoin (BTC) dominance may be poised to rise further, potentially worsening conditions for altcoins, including Ethereum (ETH).

同时，加密分析师Rekt Capital指出，比特币（BTC）优势可能会进一步上升，可能会使山寨币（包括以太坊（ETH））的条件恶化。

Bitcoin Dominance Uptrend To Continue, Analyst Says

分析师说，比特币优势上升趋势将继续

According to Rekt Capital, Bitcoin dominance is set to climb further, possibly reaching as high as 64%. Notably, this level of BTC dominance is historically significant, as evident from the 2017 and 2020 peaks highlighted in green in the chart below.

根据Rekt Capital的数据，比特币的优势将进一步攀升，可能高达64％。值得注意的是，这种BTC的优势在历史上是重要的，这是从下图中的2017年和2020年的绿色中突出显示的绿色峰。

For the uninitiated, BTC dominance refers to the ratio of the premier digital asset’s market cap to the total crypto market cap. A rising BTC dominance typically means that liquidity is rotating from small market cap coins – called altcoins – into BTC.

对于初学者，BTC的优势是指高级数字资产的市值与加密货币市值的比率。 BTC优势的上升通常意味着流动性从小型市值硬币（称为AltCoins）旋转到BTC。

As a result, altcoins like ETH may exhibit subdued price action when BTC dominance rises. Fellow crypto analyst Ali Martinez highlighted ETH’s weak performance against BTC, suggesting that the second-largest cryptocurrency by market cap is likely to face further declines in the near term.

结果，当BTC统治地位上升时，像ETH这样的AltCoins可能会表现出柔和的价格行动。同胞加密分析师阿里·马丁内斯（Ali Martinez）强调了ETH对BTC的弱势表现，这表明，在近期期间，划分市值的第二大加密货币可能会进一步下降。

In an X post, Martinez shared an inverse monthly ETH/BTC chart illustrating a cup-and-handle pattern forming. While this pattern is typically bullish, in an inverse chart like this, it suggests ETH may fall to as low as 0.00240 – an almost 90% decline from its current price relative to Bitcoin.

在X帖子中，Martinez分享了一个倒数的每月ETH/BTC图表，说明了杯子和手柄图案的形成。尽管这种模式通常是看好的，但在这样的反图表中，它表​​明ETH可能会低至0.00240，而相对于比特币，其目前的价格几乎下降了90％。

A decline in ETH would likely drag down other altcoins, causing a sharp spike in BTC dominance. However, some analysts see the prevailing pessimism surrounding ETH as a potential buying opportunity.

ETH的下降很可能会拖延其他山寨币，从而导致BTC优势急剧上升。但是，一些分析师将围绕ETH的主要悲观主义视为潜在的购买机会。

Ethereum The Most Asymmetric Bet?

以太坊最不对称的赌注？

In a separate X post, crypto trader Merlijn The Trader noted that ETH’s price has returned to its 2021 levels, trading close to $1,900 at the time of writing. However, the trader added that in 2025, multiple factors could work in ETH’s favor.

在单独的X帖子中，Crypto Trader Merlijn交易员指出，ETH的价格已恢复到2021年的水平，在撰写本文时交易接近1,900美元。但是，交易员补充说，在2025年，多个因素可能对ETH有利。

For example, ETH’s narrative could strengthen with the potential approval of an ETH exchange-traded fund (ETF) for staking, rising institutional demand, and improving fundamentals. The analyst referred to ETH as “the most asymmetric bet right now.”

例如，ETH的叙述可以加强ETH交易所交易基金（ETF）的潜在认可，用于占有，机构需求不断增长和改善基本面。分析师将ETH称为“目前最不对称的赌注”。

That said, ETH still has a long way to go before confirming a bullish trend reversal. In a recent analysis, Martinez noted that, based on pricing bands analysis, ETH must break through a key resistance level at $2,300 before targeting higher levels.

也就是说，在确认看涨趋势逆转之前，ETH还有很长的路要走。马丁内斯（Martinez）在最近的分析中指出，基于定价频段分析，ETH必须在目标较高水平之前突破$ 2,300的关键阻力水平。

At press time, ETH is trading at $1,901, down 1.1% in the past 24 hours.

发稿时，ETH的交易价格为1,901美元，在过去24小时内下跌1.1％。