以太坊（ETH）面临着关键的关头，因为它导航了57％的跌落，ETF出埃及记和鲸鱼的抛售 - 是反弹即将来临还是进一步下降不可避免？

以太坊（ETH）是市场资本化的第二大加密货币，发现自己处于关键时刻，努力应对持续的下降趋势

Ethereum (ETH) has hit a critical juncture as it grapples with a persistent downtrend that has eroded investor confidence and sparked widespread speculation about the asset's future trajectory.

以太坊（ETH）遇到了一个关键的关头，因为它与持续的下降趋势陷入了侵蚀，这已经侵蚀了投资者的信心，并引发了人们对资产未来轨迹的广泛猜测。

While registering minor gains of 2.80% in the past week, Ethereum is still nursing losses of 57% from its December 2024 local peak of $4,100, as seen on Benzinga Pro. The ‘king of altcoins’ has seen its market value plummet, triggering fear among investors who are now pivoting to determine if the asset will rebound or if further decline is imminent.

在过去一周的未成年人中获得2.80％的次要收益，但以太坊在2024年12月的当地峰值4,100美元的护理损失仍为57％，如Benzinga Pro所示。 “ altcoins之王”的市场价值暴跌，引发了投资者的恐惧，这些投资者现在正在旋转以确定资产是否会反弹，还是即将进一步下降。

Renowned market analyst Ali Martinez, whose insights are closely followed by the cryptocurrency community, has provided his perspective on the critical price levels that will determine whether Ethereum's correction has reached its nadir or if further downside lies ahead. His analysis underscores the complex interplay of factors that are currently shaping Ethereum's market dynamics.

著名的市场分析师阿里·马丁内斯（Ali Martinez）紧随其后的是加密货币社区，他对关键价格水平的看法将确定以太坊的校正是否已达到其NADIR，还是进一步的下行方面存在。他的分析强调了目前正在塑造以太坊市场动态的因素的复杂相互作用。

These factors include the substantial sell-off of ETH tokens by large holders, also known as whales, which has reduced the number of wallets holding 10,000 ETH by a staggering 80% over the past four months.

这些因素包括大型持有人（也称为鲸鱼）对ETH代币的大量抛售，这在过去四个月中将持有10,000 ETH的钱包的数量减少了80％。

Moreover, wallets holding 130,000 ETH and above have offloaded an astounding 130,000 ETH during this period. This move by the whales, who often possess significant market influence, has exerted downward pressure on Ethereum's price and contributed to the prevailing bearish sentiment.

此外，在此期间，持有130,000 ETH及以上的钱包已经卸载了130,000 ETH的惊人。鲸鱼经常具有重大市场影响力的鲸鱼的这一举动对以太坊的价格施加了向下的压力，并促成了普遍的看跌情绪。

Furthermore, there has been a significant outflow of funds from Ethereum Spot ETFs. These investment vehicles, which were initially hailed as a catalyst for institutional adoption, have witnessed a net outflow of $760 million in just the last month.

此外，从以太坊现场ETF中有大量资金流出。这些投资工具最初被称为机构采用的催化剂，在上个月仅目睹了7.6亿美元的净流出。

This exodus of capital from ETFs suggests a lack of confidence among institutional investors, who are increasingly wary of Ethereum's short-term prospects. The withdrawal of funds from ETFs can be attributed to a variety of factors, such as concerns about regulatory uncertainty, macroeconomic headwinds, and the overall bearish sentiment in the cryptocurrency market.

ETF的这种资本外流表明，机构投资者缺乏信心，他们对以太坊的短期前景保持警惕。从ETF中撤出资金可以归因于多种因素，例如对监管不确定性，宏观经济逆风的担忧以及加密货币市场中的整体看跌感。

The departure of institutional investors, who are often seen as trendsetters, has further exacerbated the downward pressure on Ethereum's price.

经常被视为潮流引领者的机构投资者的离开进一步加剧了以太坊价格的下降压力。

In addition, the prevailing fear and uncertainty in the market have prompted individual investors to liquidate their holdings. Data indicates that 100,000 ETH tokens have been transferred to exchanges, signaling an intention to sell in anticipation of further price declines.

此外，市场上普遍的恐惧和不确定性促使个人投资者清算其持股。数据表明，已将100,000个ETH代币转移到交易所，这表明有意出售，预计价格会进一步下降。

This wave of selling pressure from individual investors, driven by fear of losses, has contributed to the downward spiral of Ethereum's price. The psychological impact of a prolonged downtrend can be significant, leading to panic selling and exacerbating market volatility.

由于担心损失的恐惧，这一浪潮造成了个人投资者的销售压力，这导致了以太坊价格的下降。长期下降趋势的心理影响可能很大，导致恐慌销售和加剧市场波动。

Amidst this bearish backdrop, Ali Martinez's analysis provides a glimmer of hope for Ethereum bulls. He has identified critical price levels that will determine whether the asset's correction has reached its conclusion or if further downside is imminent.

在这种看跌的背景中，阿里·马丁内斯（Ali Martinez）的分析为以太坊公牛提供了一丝希望。他已经确定了关键的价格水平，这些价格水平将决定资产的更正是否已得出结论，还是即将到来的弊端。

These price levels are based on a combination of technical analysis, on-chain data, and market sentiment. They represent key support and resistance levels that could trigger significant price movements.

这些价格水平基于技术分析，链链数据和市场情绪的结合。它们代表了关键的支持和阻力水平，可以触发重大的价格变动。

According to Martinez, a decisive break above a specific resistance level could signal the end of the correction and pave the way for a potential rebound. Conversely, a breach of a critical support level could trigger a fresh wave of selling pressure and push Ethereum's price even lower.

根据马丁内斯（Martinez）的说法，高于特定电阻水平的决定性断裂可能标志着校正的结束，并为潜在反弹铺平了道路。相反，违反关键支持水平可能会引发新鲜的销售压力浪潮，并将以太坊的价格提高到更低。

The market now awaits to see if Martinez's price predictions will come to fruition.

现在，市场正在等待马丁内斯的价格预测是否会实现。