贝莱德的以太坊（ETH）BUIDL基金的价值三倍：Altcoin季节到来？

随着加密货币市场表现出早期势头的暂定迹象，争论加剧了“ Altcoin季节”是否终于到达了“ Altcoin季节”（替代加密货币的时期）。

The crypto market is showing tentative signs of early momentum, and with that, debate intensifies over whether “altcoin season” – a period where alternative cryptocurrencies significantly outperform Bitcoin – is finally arriving.

加密市场正在显示早期势头的暂定迹象，随之而来的是，辩论对“ Altcoin季节”（替代加密货币的时期都显着胜过比特币）是否终于到达了。

One interesting data point fueling this speculation is the remarkable performance of BlackRock’s Ethereum (ETH) BUIDL fund. According to crypto analyst Ted Pillows, the fund tripled in value over just three weeks, now managing nearly $1.87 billion.

促进这种猜测的一个有趣的数据点是贝莱德以太坊（ETH）BUIDL基金的出色表现。根据加密分析师TED Pillows的说法，该基金的价值在短短三个星期内增加了两倍，现在管理近18.7亿美元。

This signals strong institutional interest in ETH, and historically, such inflows, especially from major players like BlackRock, often precede a wider altcoin upswing.

这表明对ETH的机构兴趣很大，从历史上看，这种流入尤其是贝莱德（Blackrock）等主要参与者，通常是在更广泛的山寨币上升之前。

Crypto analyst Ted Pillows highlights the rapid ascent of BlackRock's Ethereum BUIDL fund, which tripled in value over just three weeks, now managing nearly $1.87 billion.

加密分析师TED Pillows强调了BlackRock的Ethereum Buidl基金的迅速上升，该基金的价值在短短三周内，现在管理了近18.7亿美元。

According to associated data, capital deployed across multiple chains also saw an exponential increase, with Ethereum showing dominance over other networks in this latest institutional flow.

根据相关数据，部署在多个链中的资本也呈指数增长，以太坊在此最新机构流中表现出对其他网络的统治地位。

suggest strength in ETH could translate to gains in other projects built upon or competing with the Layer-1 smart contract platform, potentially leading to a broader altcoin market advance.

建议ETH中的力量可以转化为基于其他项目或与1层智能合约平台竞争的增长，这可能会导致更广泛的Altcoin市场前进。

Key Levels and Analyst Targets

关键水平和分析师目标

Currently, ETH trades around $2,035, down slightly in the past 24 hours, according to CoinMarketCap data.

根据CoinMarketCap数据，目前，ETH在过去24小时内略有下跌约2,035美元，略有下跌。

A key near-term resistance level sits at the 20-day Exponential Moving Average (EMA) near $2,051. A decisive break above this level could signal continuation of the upward trend, while failure might lead to short-term consolidation.

一个近期的关键阻力水平是20天的指数移动平均线（EMA），近2,051美元。高于此水平的决定性突破可能表明延续上升趋势，而失败可能导致短期合并。

Analyst Ali Martinez remains bullish, placing targets for ETH at $2,300 with sustained buying pressure, but also notes a potential drop towards $1,300 in a bearish market scenario.

分析师阿里·马丁内斯（Ali Martinez）仍然看涨，将ETH的目标定为2300美元，并持续购买压力，但也指出在看跌市场的情况下，潜在的下降了1300美元。

BTC Dominance Nears Historical Resistance: Alt Season Trigger?

BTC优势接近历史抵抗：ALT季节触发？

Adding another layer to the altcoin season outlook, analyst Crypto Rover shared a chart indicating Bitcoin dominance (BTC.D) – Bitcoin’s market cap share relative to the total crypto market – is approaching critical trendline resistance.

分析师Crypto Rover在Altcoin季节前景中增加了另一层，分析师分享了一个表明比特币优势（BTC.D）的图表 - 比特币的市值相对于总加密市场的份额 - 正在接近关键趋势线阻力。

According to his analysis, this descending trendline has historically marked the beginning of significant altcoin outperformance when BTC dominance was rejected at this level.

根据他的分析，这种下降的趋势线历史上标志着当BTC在此级别拒绝BTC优势时，重要的Altcoin胜过了巨大的表现。

This pattern was observed preceding major altcoin runs in 2018 and 2021, which resulted in substantial gains across the altcoin sector.

在2018年和2021年运行之前，观察到了这种模式，这导致了整个Altcoin部门的大幅增长。

If this pattern repeats, capital could soon rotate out of Bitcoin and into Ethereum, and subsequently into other altcoins, potentially fueling a market-wide rally.

如果这种模式重复，资本可能很快就会从比特币中旋转到以太坊，然后进入其他山寨币，可能会加剧整个市场的集会。