硬币局的盖伊·特纳（Guy Turner）在以太坊（ETH）上看跌是第二大加密货币资产徘徊在2021年11月的历史高价58％左右。

在新视频中，Turner告诉Coin Bureau YouTube频道的266万用户，以太坊的表现不足（BTC）

Coin Bureau’s Guy Turner is becoming increasingly bearish on Ethereum (ETH) as the second-largest crypto asset trades around 58% below the all-time high price hit in November of 2021.

硬币局的盖伊·特纳（Guy Turner）对以太坊（ETH）越来越看跌，因为第二大加密货币资产交易的交易比2021年11月的历史高价高出约58％。

In a new video, Turner tells 2.66 million subscribers of the Coin Bureau YouTube channel that Ethereum has underperformed Bitcoin (BTC) over the past couple of months, despite expectations that ETH would follow the flagship crypto asset’s lead and rally.

在新视频中，特纳（Turner）告诉YouTube频道的266万订户，尽管ETH期望ETH会遵循旗舰加密资产的领导和集会，但在过去几个月中，以太坊的表现不足。

“Ethereum’s performance has been so poor that it’s basically become a meme while BTC has rallied to new all-time highs in an eon. To be clear, ETH has yet to reclaim its 2021 high of around $4,900. In fact, Ethereum is one of the only major altcoins yet to experience any price movements for us to really get excited about. During this cycle, ETH’s price has struggled to break above the key resistance level of $4,000, which is significantly lower than its previous all-time high.

“以太坊的表现非常差，以至于基本上已经成为一个模因，而BTC已在Eon中获得了新的历史最高水平。要明确，ETH尚未收回其2021年高约4,900美元的高点。实际上，以太坊是唯一的替代品，可以在这一周期中获得额外的价格，这是我们唯一的价格上涨，而超越了$ 4的价格。大大低于其以前的高高。

You only have to take a look at ETH’s price against BTC to see that Ethereum has been bleeding against Bitcoin since September 2022, with no real signs of that slowing down. All in all, then, it’s not looking good, bro.”

您只需要看一下ETH对BTC的价格，就可以看到以太坊自2022年9月以来一直在对比特币流血，没有真正的迹象表明这种情况正在放慢速度。总而言之，兄弟总而言之。”

Ethereum is trading at $2,066 at time of writing. It must rise to $4,000 in order to reach the 2021 high.

以太坊在写作时的交易价格为2,066美元。为了达到2021年，它必须上涨至4,000美元。

According to Turner, the competition both within and outside of the ecosystem is one of the reasons Ethereum is underperforming.

根据特纳（Turner）的说法，生态系统内部和外部的竞争是以太坊表现不佳的原因之一。

“In the eyes of many, the biggest thing hurting ETH’s price is the massive number of layer-2s within Ethereum’s ecosystem. Now, with so many layer-2s siphoning away liquidity from mainnet Ethereum, many believe that liquidity fragmentation is the biggest reason why ETH’s price has underperformed. And layer-2s have arguably stolen some of the venture capitalist mind share from mainnet Ethereum projects, which is another factor that could be impacting ETH’s price.”

“在许多人看来，伤害ETH价格的最大的事情是以太坊生态系统中的大量层数量数量大量2层。现在，由于Mainnet Etherereum的众多2层虹吸流动性，许多人都认为流动性分裂是流动性ETH的最大原因是，某些人可能会遭受某种经验。可以说，这是一个易于竞争的事物。 ETH的价格。”

Another challenge for Ethereum – and that’s the growing competition from those aforementioned Ethereum killers. For anyone unaware, these are smart contract blockchains that threaten Ethereum’s dominance by effectively offering an alternative to Ethereum. Now, some of the leading Ethereum-killers by market cap include Solana, BNB Chain, Aptos, Avalanche and Sui, among many others.”

以太坊的另一个挑战 - 这是从上述以太坊杀手那里越来越多的竞争。对于任何不知道的人来说，这些都是智能合同区块链，通过有效提供以太坊的替代方案来威胁以太坊的统治地位。现在，划定市值的一些领先的以太坊杀手包括Solana，BNB连锁店，Aptos，Avalanche和Sui等。”

Turner further says that the macroeconomic landscape is also impacting Ethereum’s price.

特纳进一步说，宏观经济的格局也影响了以太坊的价格。

“Another major challenge comes from the macro environment, specifically high interest rates. That’s because higher interest rates are reflected in government bonds, which are known for being a low-risk investment, especially compared to crypto, and they’re a popular investment vehicle among institutional investors. So, to put some numbers on this, the yield on US government bonds is 4.28%. Meanwhile, ETH staking offers a yield of just 3%. This means that institutional investors who love earning a consistent yield are much more inclined to stick with government bonds as a result.”

“另一个主要挑战来自宏观环境，特别是高利率。这是因为政府债券以低风险的投资而闻名，尤其是与加密货币相比，这是一种流行的投资，并且在机构投资者中是流行的投资工具。因此，为此，美国政府债券的收益率是4.28％的投资，这是一定的，这意味着一定的投资者。因此，更倾向于坚持政府债券。”