当前的加密市场校正仅仅是牛周的中间，而不是顶级的

累积稳定供应已超过2190亿美元，这表明当前周期仍然远离其顶部。

The current crypto market correction is still the middle of the bull cycle, not the top yet, and it's still signaling more incoming investment, especially with the steadily growing stablecoin supply, which may signal more investment into the market, according to several analysts.

目前的加密货币市场校正仍然是公牛周期的中间，还不是最高的，它仍然可以预示更多的投资，尤其是随着稳定增长的Stablecoin供应量的稳定，这可能表明对市场的投资更多。

According to crypto intelligence platform IntoTheBlock, the cumulative stablecoin supply has already surpassed $219 billion, which suggests that the current cycle is still far from its top.

根据Crypto Intelligence Platform Intotheblock的说法，累积的Stablecoin供应已经超过了2190亿美元，这表明当前周期仍然远离其顶部。

Historically, stablecoin supply peaks have aligned with crypto cycle tops, according to a March 14 X post by the crypto intelligence platform.

Crypto Intelligence Platform的3月14日X帖子显示，从历史上看，Stablecoin供应峰与加密货币周期顶部保持一致。

It also stated that increasing stablecoin inflows to crypto exchanges can signal incoming buying pressure and growing investor appetite, as stablecoins are the main investor on-ramp from fiat to the crypto world.

它还指出，增加加密交易所的稳定股币流入可能会表明购买压力和投资者的需求增长，因为稳定者是从菲亚特到加密货币世界的主要投资者。

However, Ether (ETH) price is still down over 52% over the past three months, after it peaked above $4,100 on Dec. 16, 2024, and analysts are still eyeing another decline below $1,900, a “robust” demand zone that may bring more investment into the world’s largest cryptocurrency.

但是，在过去三个月中，以太价格在2024年12月16日高于4,100美元以上的峰值之后，Ether（ETH）的价格仍然下跌了52％，而分析师仍将另一个低于1,900美元的下降，这是一个“强大的”需求区，这是一个“强大的”需求区，这可能会给全球最大的加密货币带来更多投资。

Crypto market will likely lack direction ahead of FOMC meeting: analyst

加密市场可能会在FOMC会议之前缺乏指导：分析师

Despite the rising stablecoin supply, the crypto market may continue to lack direction ahead of next week’s Federal Open Market Committee (FOMC) meeting.

尽管稳定的供应量正在上升，但加密货币市场可能会在下周联邦公开市场委员会（FOMC）会议之前继续缺乏指导。

Next week’s FOMC meeting may be decisive for crypto markets, which are still being influenced by macroeconomic developments, according to Stella Zlatareva, dispatch editor at Nexo digital asset investment platform.

Nexo Digital Asset Investment Platform的Dispatch编辑Stella Zlatareva表示，下周的FOMC会议可能对加密货币市场有决定性的影响，这些市场仍受到宏观经济发展的影响。

Zlatareva told Cointelegraph: “All eyes are set on next Wednesday's FOMC meeting, anticipating insights into U.S. monetary policy and potential interest rate adjustments, especially given the recent declines in U.S. PPI and initial jobless claims figures, which point towards a slowing economy.”

Zlatareva告诉Cointelegraph：“所有人的目光都在下周三的FOMC会议上，预计对美国货币政策和潜在利率调整的见解，尤其是考虑到最近美国PPI和最初的失业索赔数字的下降，这表明经济缓慢。”

The predictions come days ahead of the next FOMC meeting scheduled for March 19. Markets are currently pricing in a 98% chance that the Fed will keep interest rates steady, according to the latest estimates of the CME Group’s FedWatch tool.

预测是在3月19日定于3月19日举行的下一次FOMC会议之前的几天。根据CME Group的FedWatch工具的最新估计，市场目前正在以98％的机会保持利率稳定。

Source: CME Group’s FedWatch tool

资料来源：CME Group的FedWatch工具

Despite the potential for short-term volatility, investors are still optimistic for the rest of 2025, with crypto investment firm VanEck predicting a $6,000 cycle top for Ether’s price and a $180,000 Bitcoin (BTC) price during 2025.

尽管有短期波动的潜力，但投资者仍然对2025年的其余时间仍然乐观，而加密投资公司Vaneck预测，以太价格的价格为6,000美元，并且在2025年的价格为180,000美元的比特币（BTC）。