以太坊 (ETH) 价格连续第六次出现红色日线蜡烛，2,500 美元构成强劲阻力

市场参与者预计，一旦7月23日开始交易，现货以太坊交换基金（ETF）会提高ETH的价格。

After several attempts to recover above the $2,500 level following the early August crypto sell-off, Ether (ETH) price seems to be headed for its sixth straight day in the red on Friday, encountering stiff resistance at this key price point. Several technical and onchain metrics also hint at a further correction.

在八月初加密（Crypto抛售）之后的几次尝试恢复到2500美元以上的尝试之后，Ether（ETH）的价格似乎在周五连续第六天前往RED，在此关键价格点遇到了僵硬的抵抗力。几个技术和链式指标也暗示了进一步的纠正。

ETH/USD daily chart. Source: TradingView

ETH/美元日线图。来源：TradingView

While market participants anticipated that spot Ethereum exchange-traded funds (ETFs) would boost ETH’s price once they began trading on July 23, boosting the second-largest cryptocurrency to new all-time highs, the narrative has failed to materialize.

尽管市场参与者预计，一旦7月23日开始交易，现货以太坊交换基金（ETF）将提高ETH的价格，从而提高了第二大加密货币到新的历史最高高点，但该叙述未能实现。

According to data from Farside Investors, these investment products, which began trading on July 23, saw more than $10.9 million in net outflows on Nov. 1. In total, these products have seen outflows of $478.5 million since their market debut in the United States.

根据Farside Investors的数据，这些投资产品于7月23日开始交易，11月1日的净流出量超过1,090万美元。自从他们在美国的市场上首次亮相以来，这些产品总共获得了4.785亿美元的流出。 。

This is concerning, especially since institutional demand was considered a key part of Ether’s appeal in H1 2024, with ETH gains coming two days before the ETFs were approved by the Securities and Exchange Commission on May 21.

这是令人关注的，特别是因为机构需求被认为是H1 2024上诉的关键部分，而ETH收益则是在5月21日获得证券交易委员会批准ETF的两天之前。

This was also reflected across all other Ether products, with the latest Digital Asset Fund Flows Weekly Report by CoinShares showing that flows into Ethereum investment funds remained lackluster in contrast to the bullishness seen in Bitcoin (BTC) and Solana (SOL), with only $9.5 million in inflows during the week ending Nov. 1.

这也反映在所有其他以太产品中，Coinshares的最新数字资产基金流量每周报告显示，与比特币（BTC）和9.5美元相比，以太坊投资基金流入以太坊投资基金仍然乏味。截至11月1日的一周中流入百万。

In comparison, institutional investors poured more than $2.1 billion into Bitcoin investment products.

相比之下，机构投资者向比特币投资产品投入了超过 21 亿美元。

Part of Ether’s failure to sustain a recovery above the $2,500 resistance comes from unmet expectations that ETF flows would mirror those into spot Bitcoin ETFs, which saw BTC price rally to new all-time highs in March.

Ether未能维持超过2500美元的电阻的一部分，这是由于未满足的期望ETF流将它们反映为现货比特币ETF，后者将BTC的价格集会在三月份达到了新的历史高潮。

However, institutional interest in Ether also seems to be waning, with Chainlink (LINK) and Solana seeing greater inflows.

但是，对以太的机构兴趣似乎也正在减弱，链条（链接）和索拉纳（Solana）看到更多的流入。

Increasing L1 competition, slowing DApp activity on Ethereum

增加L1竞争，减慢以太坊的DAPP活动

While a fraction of activity has moved to Ethereum layer-2 solutions, some users and developers are opting for other top layer-1 alternatives such as the BNB Chain (BNB), Solana and Tron (TRX).

尽管一小部分活动已转移到以太坊2层解决方案，但一些用户和开发人员选择了其他顶级1替代方案，例如BNB链（BNB），Solana和Tron（TRX）。

As a result, Ethereum’s network activity growth has fallen behind its rivals as more users opt for lower-fee ecosystems.

结果，随着越来越多的用户选择低价生态系统，以太坊的网络活动增长落后于竞争对手。

Top blockchains ranked by 24-hour DApps volume, USD. Source: DappRadarFor instance, Ethereum’s unique active wallets engaging with decentralized applications on the platform declined by 16% over the last 30 days compared to a 19% increase on Solana and a 75% increase on Avalanche.

顶级区块链排名24小时DAPPS卷，美元。资料来源：Dappradar，例如，以太坊在平台上与分散申请的独特活跃钱包在过去30天中下降了16％，而Solana增长了19％，雪崩增加了75％。

Similarly, the total volume transacted on the Ethereum network dropped by 9.6% during the same period, while the volume on the BNB Chain, Solana and Avalanche increased by 1.5%, 10% and 60%, respectively.

同样，在同一时期，以太坊网络上交易的总量下降了9.6％，而BNB链，Solana和Avalanche的体积分别增加了1.5％，10％和60％。

This lackluster performance in attracting and retaining users and activity is also reflected in decreasing market share.

在吸引和留住用户和活动中，这种乏味的表现也反映在减少市场份额中。

Ether's market dominance continued its downturn in 2024, hitting a 42-month low of 13% on Nov. 4, indicating that the largest altcoin by market capitalization is losing market share to Bitcoin and other altcoins.

Ether的市场优势在2024年继续衰退，11月4日达到了42个月的13％低点，这表明，按市值计算的最大的Altcoin正在为比特币和其他Altcoins失去市场份额。

TradingView chart showing ETH dominance hitting 3-year lows on Nov. 4, 2024.

TradingView 图表显示 ETH 主导地位于 2024 年 11 月 4 日触及 3 年低点。

According to popular crypto analyst Max Price, this lackluster performance and decreasing market share could be a problem for ETH traders, adding that it “looks like it's slowly slipping away.”

根据流行的加密分析师Max Price的说法，对于ETH交易者而言，这种平淡无奇的业绩和下降的市场份额可能是一个问题，并补充说“看起来它正在慢慢滑倒”。

Meanwhile, fellow analyst The Great Martis is sounding the alarm that ETH's chart is showing “bearish tendencies” with a possible downward breakout to areas below $1,000.

同时，分析师伟大的马蒂斯（Great Martis）也在发出警报，即ETH的图表显示了“看跌趋势”，并可能向下突破到低于1,000美元的地区。

A chart posted by the analyst on Nov. 2 shows ETH price in a descending triangle formation, hinting at a possible downward breakout. Notably, technical analysis charting patterns are not always reliable and traders should always perform their own research before making any trades.

该分析师 11 月 2 日发布的图表显示 ETH 价格呈下降三角形，暗示可能出现下行突破。值得注意的是，技术分析图表模式并不总是可靠的，交易者应在进行任何交易之前始终进行自己的研究。

A chart posted by crypto analyst The Great Martis on Nov. 2 shows ETH price in a descending triangle formation, hinting at a possible downward breakout. Notably, technical analysis charting patterns are not always reliable and traders should always perform their own research before making any trades.

加密分析师大马蒂斯（Great Martis）于11月2日发布的图表显示了ETH价格下降的三角形组，暗示了可能的下降突破。值得注意的是，技术分析图表模式并不总是可靠的，交易者应在进行任何交易之前始终进行自己的研究。

This article is for informational purposes only and not intended as investment or financial advice.

本文仅用于信息目的，而不是作为投资或财务建议。