Ether（ETH）价格动作暗示了新的公牛奔跑

Ether面临32％的急剧下降，自12月中旬以来下降至2,770美元，并显着落后于其较大的竞争对手比特币（BTC）。

The price of ether took a wild ride over the past week, hitting highs and lows not seen in months. But within the dramatic price action, some traders are spotting a familiar pattern that could hint at a renewed bull run ahead.

在过去的一周中，以太的价格狂野地骑行，击中了几个月来未见的高潮和低点。但是在戏剧性的价格行动中，一些交易者发现了一种熟悉的模式，这可能暗示着新的公牛奔跑。

Ether has faced a steep decline of 32%, dropping to $2,770 since mid-December and has lagged significantly behind its larger rival, bitcoin (BTC). The volatility reached new heights on Monday when prices plummeted to nearly $2,000 on several exchanges, only to rebound to $2,700 on the same day, the biggest one-day swing since September 2021 .

Ether面临32％的急剧下降，自12月中旬以来下降至2,770美元，并显着落后于其较大的竞争对手比特币（BTC）。周一的波动性达到了新的高度，当时价格在几次交流中下降到近2,000美元，仅在同一天反弹至2,700美元，这是自2021年9月以来最大的一日秋千。

The dramatic two-way price action resulted in a surge in trading volumes on platforms like Coinbase (COIN) and Bitstamp, hitting levels not seen since August.

戏剧性的双向价格行动导致了Coinbase（Coin）和Bitstamp等平台上的交易量激增，自8月以来就没有达到次数。

The spike in volume suggests selling pressure may have peaked at the beginning of the week, leaving fewer potential sellers in the market. This could help stabilize prices, potentially setting the stage for a rally.

数量的飙升表明，销售压力可能在本周初达到顶峰，而市场上的潜在卖家更少。这可能有助于稳定价格，有可能为集会奠定基础。

That's precisely the pattern observed on Aug. 5, when ETH hit a low of around $2,100 in a two-way action on the back of high volumes. The cryptocurrency stabilized in the $2,200-$2,800 range for a few weeks, breaking into a new uptrend later that saw prices rise to $4,100.

这正是在8月5日观察到的模式，当时ETH在高卷的背面进行了双向动作，在2100美元的低点中达到了约2100美元的低点。加密货币在几周内稳定在2,200- $ 2,800的范围内，后来又闯入了新的上升趋势，价格上涨至4,100美元。

Let's see if history repeats itself.

让我们看看历史是否重演。

Demand during Monday's dip supports the bullish case.

周一的倾角的需求支持看涨案件。

"I am noting strong over-the-counter demand for ETH, which is particularly noteworthy amid broker chatter around a fund blowing up amidst weekend volatility," Jake Ostrovskis, an OTC trader at crypto market maker Wintermute, told CoinDesk Tuesday.

“我注意到ETH对ETH的强烈要求，这在周末波动中爆发的基金围绕经纪人聊天时特别值得注意，” Crypto Marketmute Wintermute的OTC Trader Jake Ostrovskis周二对Coindesk说。

Plus, the U.S.-listed spot ether ETFs have registered $420 million in net inflows this week, according to Farside Investors. That's nearly 13% of the total $3.18 billion inflow since inception.

另外，根据Farside Investors的数据，本周美国上市的Ether ETF净流入量为4.2亿美元。这是自成立以来总计31.8亿美元流入的近13％。

If that's not enough, a large bull call spread crossed the tape on Deribit this week, involving a long position in the $3,500 call option and a short position in the $5,000 call option, both expiring on Dec. 26, 2025. The strategy aims to profit from a rally to $5,000 and higher by the year-end.

如果还不够的话，本周的大公牛呼叫传播在迪士特上越过磁带，涉及3,500美元的呼叫选项的长位置，并且在5,000美元的拨打选项中占据了短期职位，两者均在2025年12月26日到期。该策略旨在旨在到年底，从集会到5,000美元和更高的利润。