以太坊和比特币经历了截然不同的轨迹

以太坊和比特币在2025年第一季度经历了截然不同的轨迹，而差异并不明显。

The first quarter of 2025 saw Ethereum and Bitcoin take very different paths, with their divergences being difficult to ignore.

2025年第一季度，以太坊和比特币采取了截然不同的道路，他们的分歧很难忽略。

As per data from on-chain analytics firm IntoTheBlock, Ethereum's performance was lackluster, to say the least, as it experienced a nearly 50% drop in value over the past three months.

根据链链分析公司Intotheblock的数据，至少可以说，以太坊的表现乏味，因为它在过去三个月中的价值下降了近50％。

Bitcoin, on the other hand, encountered a smaller decline above 15% as it went through a correction. This observation aligns with the broader trend in the crypto market, where the majority of inflows and interest went toward Bitcoin and a few altcoins, leaving Ethereum struggling to regain momentum.

另一方面，比特币经过了更正，比特币的下降幅度较小，高于15％。这一观察结果与加密货币市场的更广泛趋势保持一致，在那里，大多数流入和兴趣都朝着比特币和一些山寨币，使以太坊努力挣扎着恢复动力。

Bitcoin Began Q1 2025 On A Bullish Note With Strong Interest In Bitcoin Spot ETFs

比特币开始于Q1 2025，在对比特币现场ETF的看涨笔记上

Bitcoin began Q1 on a notably bullish trajectory due to increasing institutional interest and strong inflows into Spot Bitcoin ETFs, a combination which pushed the price to a new all-time high of $108,786 on January 20.

比特币始于第1季度，尤其是看涨的轨迹，这是由于机构的兴趣增加并大量流入了比特币ETF，这一组合将价格推向了1月20日的新历史最高售价108,786美元。

This price marked the peak of a steady upward movement that has placed Bitcoin firmly in the spotlight since October 2023. However, a pronounced downtrend followed this peak, particularly in March, when the Bitcoin price dipped below $80,000 for the first time since November 2024.

这个价格标志着自2023年10月以来，稳定的向上移动的峰值使比特币牢固地成为人们关注的焦点。但是，自2024年11月以来，这是3月，尤其是在3月，尤其是在3月，尤其是在3月，比特币价格首次下跌80,000美元。

An already struggling Ethereum price fared much worse and broke below a strong support of $1,900. According to data from Cryptorank, Ethereum closed Q1 2025 with a 45.3% decrease from its quarterly open.

已经挣扎的以太坊价格的情况要糟得多，并以1,900美元的高度支持下降。根据Cryptorank的数据，以太坊关闭了Q1 2025，其季度开放量减少了45.3％。

This marks the second-worst Q1 performance for Ethereum, behind a 47.5% decline in Q1 2018. Bitcoin, on the other hand, ended Q1 2025 with an 11.7% decrease from its opening price.

这标志着以太坊的第二季度Q1表现，仅次于2018年第1季度下降47.5％。另一方面，比特币以2025年第1季度结束，比开盘价下降了11.7％。

Image From X: IntoTheBlock

X的图像：intotheblock

Ethereum Price Direction: $1,800 On Crosshairs As Analysts Grow Cautiously Bullish

以太坊价格方向：分析师谨慎看涨时，十字准线的1,800美元

Ethereum's decline has been amplified by a visible drop in trading interest and inflows even in Spot Ethereum ETFs. Most of the attention has been on Bitcoin, with Solana, Dogecoin, and XRP taking the most significant share of interest in the altcoin market.

以太坊的衰落已经被贸易兴趣的可见下降和流入所吸引，即使在现状的以太坊ETF中也是如此。大多数关注是对比特币的关注，索拉纳，狗狗和XRP在Altcoin市场中占据了最重要的份额。

Nonetheless, many crypto analysts are still bullish on Ethereum and are on the outlook of a bounce as it is now nearing a bottom around $1,800. According to a crypto analyst (@CryptoELlTES ) on social media platform X, Ethereum at $1,800 is the bottom.

尽管如此，许多加密分析师仍然对以太坊看涨，并且在弹跳方面处于前景，因为它的底部接近1,800美元。根据社交媒体平台X上的一位加密分析师（@cryptoelltes）的说法，以太坊的底部为$ 1,800。

This outlook is based on this level, which acted as resistance in the 2022 bear market and is expected to flip to become support. Another analyst (Crypto Fella) noted that a reversal at this point “would be very good for alts,” suggesting a possible broader market recovery for altcoins if Ethereum finds solid footing here.

这种前景基于此水平，该水平在2022年的熊市中充当阻力，并有望翻转成为支持。另一位分析师（Crypto Fella）指出，此时的逆转“对Alts非常有利”，如果以太坊在这里找到稳固的地位，则表明Altcoins可能会更广泛的市场回收率。

Image From X: @CryptoELlTES

x的图像：@cryptoelltes

At the time of writing, Ethereum is trading at $1,803, down by $0.18% and 1.9% in the past 24 hours and seven days, respectively.

在撰写本文时，以太坊的交易价格为1,803美元，在过去的24小时和7天中分别下跌0.18％和1.9％。