自上周二以来，Eth Price一直在侧面移动，但终于选择了一面。

自上周二以来，Eth Price一直在侧面移动，但终于选择了一面。它终于选择了一侧。

ETH price has been trading in a sideways range since Tuesday last week, but it seems like the crypto has finally picked a side - and it's up.

自上周星期二以来，ETH Price一直在侧向交易，但似乎加密货币终于选择了一面 - 而且已经开始了。

The Ethereum native coin has recovered back above the $2,000 mark this week.

以太坊的本地硬币恢复了本周的2,000美元大关。

The ETH price dip below $2,000 underscored the declining market sentiment. This was further exasperated by weak demand which resulted in a longer than anticipated stay below this key level.

ETH价格低于$ 2,000的市场情绪下降。需求疲软进一步激怒了这一点，这导致比预期的停留时间更长。

ETH exchanged hands at $2,021 at press time after a 4.54% upside in the last 24 hours.

ETH在过去24小时内上涨4.54％后，在发稿时以2,021美元的价格交换。

ETH’s MACD indicator highlighted the demand build-up this week. Its histogram highlighted a surge of bullish volumes since Monday, while the MACD line recently crossed above the signal line. But, can ETH sustain this trend and achieve more vertical?

ETH的MACD指标强调了本周的需求累计。自周一以来，它的直方图突出了看涨量的激增，而MACD线最近在信号线上越过。但是，ETH可以维持这一趋势并实现更垂直的趋势吗？

ETH Whales are Contributing to the Latest Bullish Momentum

Eth鲸鱼为最新的看涨势头做出了贡献

On-chain data reveals that the Ethereumnative coin's latest bullish momentum could be rooted in whale activity.

链上的数据表明，以民族硬币的最新看涨势头可以植根于鲸鱼活动。

Large holder flows bounced back sharply since mid-March. Large holder inflows bounced from 197,370 ETH on 16 March to 910,810 ETH as of 18 March.

自3月中旬以来，大型持有人流动急剧反弹。截至3月18日，大型持有人的流入从3月16日的197,370 ETH弹跳到910,810 ETH。

Meanwhile, large holder outflows also surged from198,960 ETH to 438,360 coins during the same period.

同时，在同一时期，大型持有人的流出也从198,960 ETH飙升至438,360个硬币。

The large holder net flows amounted to about 480,450 coins as of Tuesday. This means large holder netflows amounted to almost $1 billion worth of demand.

截至周二，大型持有净流量约为480,450枚硬币。这意味着大型持有人Netflows的需求价值近10亿美元。

This was also the highest positive ETH netflows observed in the last 3 months. This whale activity also coincided with a mid-month uptick in exchange flows.

这也是过去三个月中观察到的最高正乙基网络。这种鲸鱼活动还与交换流相吻合。

Exchange outflows were slightly higher at 524,570 coins compared to 499,347 coins in exchange inflows according to CryptoQuant.

交换流出略高于524,570枚硬币，而汇率为499,347枚硬币，以交换流入。

The higher exchange outflows compared to inflows confirms that demand has been building up in tandem with whale activity.

与流入相比，较高的交换流出证实了需求与鲸鱼活动同时增加。

However, it is worth noting that the rate of accumulation remained relatively low.

但是，值得注意的是，积累率仍然相对较低。

Can ETH Price Maintain the Bullish Momentum?

ETH价格可以维持看涨的势头吗？

Although ETH price appears to be experiencing some excitement, on-chain data also revealed that it has primarily been coming from the derivatives segment.

尽管ETH价格似乎引起了一些兴奋，但链上数据也表明，它主要来自衍生品细分市场。

For context, open interest was up 11.09% in the last 24 hours while volume rallied by 53.48%.

对于上下文，在过去的24小时内，开放兴趣上涨了11.09％，而数量则增加了53.48％。

Options volumes in particular were up by 88.24% and shorts have emerged as the losers with roughly $62.72 million in shorts liquidated.

尤其是期权量增加了88.24％，短裤出现了，因为失败者的短裤大约6272万美元。

Interestingly, ETH spot flows remained negative despite the latest upside. The cryptocurrency recorded roughly $34.03 million in spot outflows in the last 24 hours, building on the $24 million in outflows observed on Tuesday.

有趣的是，尽管有最新的上升空间，ETH斑点仍然是负面的。在过去的24小时内，加密货币的现场流出大约为3403万美元，基于周二观察到的2400万美元的外流。

The divergence between spot and derivatives market activity relating to ETH could potentially signal that retail activity in the spot segment is not yet there.

与ETH有关的点与衍生品市场活动之间的差异可能会表明，尚未存在零售活动。

Perhaps a reflection of the uncertain market conditions.

也许反映了不确定的市场条件。

It could also signal that this latest upside is a temporally move through which whales might be on the hunt for short term profit-taking.

这也可能表明，这是一个暂时的举动，鲸鱼可能正在寻找短期利润。

The spot outflows suggest that profit-taking is already taking place. ETH price action may struggle to push higher in the short term if it fails to sustain the current demand.

现场流出表明，利润已经发生。如果ETH价格行动未能维持当前的需求，则可能在短期内努力提高。