ETH 购买势头减弱：Coinbase 溢价指数下跌

Has ETH's Buying Momentum Hit a Roadblock?

ETH 的购买势头是否遇到障碍？

The Coinbase Premium Index (CPI) for ETH has taken a downturn, indicating a decline in buying activity among US-based investors on Coinbase. This metric, which measures the price difference between ETH on Coinbase and Binance, has dipped into negative territory, suggesting reduced trading activity on the US exchange.

ETH 的 Coinbase 溢价指数 (CPI) 出现下滑，表明 Coinbase 上美国投资者的购买活动有所下降。这一衡量 Coinbase 和币安上 ETH 价格差异的指标已跌至负值，表明美国交易所的交易活动减少。

What's Driving the Negative CPI?

是什么推动了负CPI？

ETH's price has been on a downward trajectory since briefly trading above $4,000 in mid-March. This decline has coincided with a drop in its CPI. When the CPI declines, it often signals less trading activity on Coinbase.

自 3 月中旬短暂突破 4,000 美元以来，ETH 的价格一直处于下行轨道。这一下降与消费者物价指数 (CPI) 的下降同时发生。当 CPI 下降时，通常表明 Coinbase 上的交易活动减少。

A Deeper Look into the CPI

深入研究 CPI

At the time of writing, ETH's CPI stood at -0.008. CryptoQuant data reveals that when ETH's price fell below $3,200 on March 18th, its CPI plummeted to a 30-day low of -0.1. This suggests that the recent price pullback has weighed on investor sentiment on Coinbase.

截至撰写本文时，ETH 的 CPI 为-0.008。 CryptoQuant数据显示，当3月18日ETH价格跌破3200美元时，其CPI暴跌至-0.1的30天低点。这表明最近的价格回调打压了投资者对 Coinbase 的情绪。

Asian Markets: A Different Story

亚洲市场：不同的故事

While ETH's CPI has declined in recent weeks, its Korean Premium Index (KPI) remains positive, hovering around 6.83. This indicates that Asian investors may be less concerned about the recent price decline and are still actively trading ETH.

尽管近几周ETH的CPI有所下降，但其韩国溢价指数（KPI）仍然为正，徘徊在6.83左右。这表明亚洲投资者可能不太关心近期的价格下跌，仍在积极交易 ETH。

Bears Eye Further ETH Losses

空头预计 ETH 进一步下跌

Technical analysis suggests that ETH could face further downside this week. The altcoin's Money Flow Index (MFI) and Relative Strength Index (RSI) are both trending downward, indicating a decrease in buying pressure and an increase in selling activity.

技术分析表明，ETH 本周可能面临进一步下跌。山寨币的资金流量指数（MFI）和相对强弱指数（RSI）均呈下降趋势，表明购买压力减少，销售活动增加。

Parabolic SAR Confirms Downtrend

抛物线转向指标确认下降趋势

The Parabolic SAR indicator, which tracks potential trend direction and reversals, has been positioned above ETH's price for the past 10 days. This suggests that the market is currently in a downtrend and could continue to see ETH prices decline.

追踪潜在趋势方向和反转的抛物线转向指标 (SAR) 过去 10 天一直位于 ETH 价格上方。这表明市场目前处于下跌趋势，并且 ETH 价格可能会继续下跌。

Bottom Line

底线

The negative Coinbase Premium Index and technical indicators point to a potential continuation of ETH's price decline. However, it's worth noting that the Asian markets are exhibiting a different trend, suggesting that investor sentiment may vary across different regions.

负值的 Coinbase 溢价指数和技术指标表明 ETH 价格可能会继续下跌。然而，值得注意的是，亚洲市场呈现出不同的趋势，这表明不同地区的投资者情绪可能有所不同。