为什么以太坊将全部赌注押在 3,000 美元的支撑位上

以太坊目前正在经历一个动荡的区域，考验着它的看涨野心，一切似乎都在分崩离析。尽管市场普遍反弹，但排名第二的山寨币仍难以突破关键阈值。

Ethereum's inability to consolidate above $3,500 has left crypto traders in the fog, with key indicators painting a murky picture. Despite a recent bullish rally in the altcoin universe, ETH is dangerously wavering.

以太坊无法巩固在 3,500 美元以上，这让加密货币交易者陷入迷雾，关键指标描绘出一幅模糊的图景。尽管最近山寨币领域出现了看涨反弹，但 ETH 却正在危险地摇摆不定。

Stuck below the $4,000 mark and clinging to its precious support at $3,000, it is attracting the attention of traders. The Funding Rates, crucial indicators of the derivatives market, oscillate wildly between hope and disillusionment, further complicating the reading of this key piece in the crypto landscape.

它跌破 4,000 美元大关并紧守 3,000 美元的宝贵支撑位，吸引了交易者的注意。融资利率是衍生品市场的关键指标，在希望和幻灭之间剧烈波动，这使得对加密货币领域这一关键部分的解读进一步复杂化。

Why Ethereum bets it all on the $3,000 support

为什么以太坊将全部赌注押在 3000 美元的支撑位上

Ethereum is currently going through a zone of turbulence that tests its bullish ambitions, threatening to derail everything. Despite a general market rebound, the second-place altcoin is struggling to surpass critical thresholds.

以太坊目前正在经历一个动荡区域，考验其看涨野心，并有可能破坏一切。尽管市场普遍反弹，但排名第二的山寨币仍在努力突破关键阈值。

At the center of this dance of numbers: the Funding Rates, these indicators of the morale of the troops on the trading side of derivatives. They have recently played a roller coaster, going from optimistic signals to a disconcerting plunge after Ethereum's failure to exceed $4,000.

这场数字之舞的核心是资金利率，这些指标反映了衍生品交易方面的士气。他们最近经历了一场过山车，从乐观信号到以太坊未能突破 4,000 美元后令人不安的暴跌。

The level of $3,000 now appears to be the dam that must not break. If this barrier breaks, the scenario of a bearish tidal wave would become credible.

3,000 美元的水平现在看来是决不能突破的大坝。如果这一障碍被打破，看跌浪潮的情景就会变得可信。

“Reclaiming higher Funding Rates and defending the $3,000 level is essential” explains ShayanBTC, analyst for CryptoQuant.

CryptoQuant 分析师 ShayanBTC 解释说：“恢复更高的资金利率并捍卫 3,000 美元的水平至关重要。”

Otherwise, the correction could intensify, turning hope into a mirage for crypto traders.

否则，调整可能会加剧，使加密货币交易者的希望变成海市蜃楼。

It should also be noted: the 30% increase in daily trading volumes, which now exceeds $26 billion. Perhaps a thrill of optimism for some, but beware of the illusion.

还应该指出的是：每日交易量增加了 30%，目前已超过 260 亿美元。也许对某些人来说是一种乐观的兴奋，但要小心这种幻想。

Crypto traders in the fog: collapsing Funding Rates

迷雾中的加密货币交易者：资金费率暴跌

Navigating the world of crypto trading is a bit like surfing on electrified waves. Take Ethereum: its inability to consolidate its position above $3,500 has dampened investor morale. While the initial surge in Funding Rates suggested a revival of confidence, their recent plunge reveals a less rosy reality: traders’ interest is waning, and with it, ETH's ability to regain its momentum.

畅游加密货币交易世界有点像在电波上冲浪。以以太坊为例：它无法巩固其在 3,500 美元以上的地位，这挫伤了投资者的士气。虽然融资利率最初的飙升表明了信心的复苏，但最近的暴跌揭示了一个不那么乐观的现实：交易者的兴趣正在减弱，而 ETH 也有能力恢复其势头。

Here are a few figures to illustrate the complexity of the moment:

以下是一些数字来说明当前的复杂性：

Have speculators become timid, or are they simply waiting for the storm to pass? In this universe, patience and audacity play with traders' nerves. One thing is certain: altcoins and Ethereum still have battles to fight before convincing again.

投机者是否变得胆怯了，还是只是在等待风暴过去？在这个宇宙中，耐心和大胆会刺激交易者的神经。有一点是肯定的：山寨币和以太坊在再次令人信服之前仍然有战斗要打。

Moreover, experts like Dr. Sean Dawson remain optimistic, predicting a magical surge for Ethereum this year. He even dreams of an ETH at $12,000 thanks to an unexpected influence: that of Trump.

此外，肖恩道森博士等专家仍然乐观，预测以太坊今年将出现神奇的飙升。由于特朗普的影响，他甚至梦想 ETH 价格达到 12,000 美元。