以太坊（ETH）在2025年2月下降了33％

以太坊价格在周五的2,200美元中关闭交易，2025年2月收盘，亏损33％。链上数据表明以太坊ETF对市场下降的影响

Ethereum (ETH) price closed the month of February 2025 with 33% losses as on-chain data suggests that Ethereum ETFs could see further downward pressure.

以太坊（ETH）价格在2025年2月收盘，损失为33％，因为链接数据表明以太坊ETF可以看到进一步的下降压力。

The cryptocurrency market saw major altcoins like XRP and Solana gain momentum.

加密货币市场看到了XRP和Solana获得的主要山寨币。

On-chain data suggests that traders could be rotating out of ETH ETFs in anticipation of fresh altcoin ETF approvals.

链上的数据表明，通过预期新鲜的Altcoin ETF批准，交易者可能会从ETH ETF中旋转。

Ethereum experienced significant selling pressure throughout February, reflecting a broader bearish sentiment in financial markets.

以太坊在整个2月份经历了巨大的销售压力，反映了金融市场上的更广泛的看跌情绪。

While major altcoins like XRP and Solana have seen some gains following progress in their respective ETF filings, traders appear to be largely losing interest in ETH.

尽管XRP和Solana之类的主要山寨币在其各自的ETF申请中的进展中获得了一些收益，但交易者似乎在很大程度上失去了对ETH的兴趣。

The chart above shows that ETH price is set to close February with a 33% loss.

上图显示，ETH价格定为2月，亏损33％。

The post-market movements indicate that the sellers quickly returned after a brief respite on Friday, March 1.

市场后的运动表明，卖方在3月1日星期五的短暂喘息之后迅速返回。

The price tumbled from $2,800 on Monday to close near $2,220 on Friday.

价格从周一的2,800美元跌至周五收于2,220美元。

The closing price also represents a 7.7% decrease from the previous week, where it opened at $2,400.

收盘价比上周下降7.7％，开盘价为2,400美元。

The sustained selling pressure on Ethereum ETFs has seen institutional investors pull over $300 million in the past seven trading days.

持续的以太坊ETF的销售压力使机构投资者在过去的七个交易日中累积了3亿美元。

The selling spree, which began last week, has now extended into this week.

上周开始的销售狂潮现已延长到本周。

According to Fairdside data, February 26 saw the largest single-day withdrawal at $94.3 million.

根据Fairdside的数据，2月26日，最大的单日撤军为9430万美元。

The preceding days also recorded heavy selling:

前几天还记录了大量销售：

The past week saw no ETF inflows, making it the first week in 2025 where Ethereum ETFs saw only outflows.

在过去的一周中，没有ETF流入，这是2025年以太坊ETF仅出现流出的第一周。

This trend suggests that institutional investors are either reallocating capital or hedging against further downside risk in ETH.

这一趋势表明，机构投资者要么重新集结资本，要么是对应于ETH的进一步下行风险。

The persistent selling pressure aligns with Ethereum’s sharp price decline.

持续的销售压力与以太坊的急剧价格下跌保持一致。

The asset is set to close the month with a 33% loss, while this week alone saw a 22% drop in ETH price.

资产定于本月结束，亏损33％，而仅本周的ETH价格下跌了22％。

Analysts attribute the downturn to macroeconomic uncertainty and a shifting focus toward alternative crypto ETFs.

分析师将低迷归因于宏观经济不确定性，而转移的重点则归因于替代加密ETF。

Rival Layer-1 altcoin projects such as Litecoin and Solana have gained momentum. Bitwise has filed for an Aptos ETF, while CME Group is moving forward with Solana futures ETFs.

竞争对手1 Litecoin和Solana等竞争对手1 Altcoin项目已获得动力。 Bitwise已申请了Aptos ETF，而CME组则以Solana Futures ETF向前发展。

With Polymarket odds suggesting a 90% chance of LTC ETF approval, capital rotation away from Ethereum appears to be accelerating.

由于多个赔率表明LTC ETF批准的机会有90％，因此从以太坊旋转的资本旋转似乎正在加速。

Unless ETH sees renewed institutional interest, continued ETF redemptions could reinforce its bearish trend in the coming weeks.

除非ETH看到重新恢复机构的利益，否则ETF持续的赎回可能会在未来几周内加强其看跌趋势。

Investors Eye Alcoin ETFs Amid Ethereum Uncertainty

投资者眼睛Alcoin ETF和以太坊不确定性

The wave of Ethereum ETF outflows comes as other cryptocurrency ETFs continue to gain traction.

以太坊ETF流出的浪潮随着其他加密货币ETF继续获得牵引力而出现。

Recent SEC filings indicate that Litecoin (LTC) and Solana (SOL) ETFs could be approved soon.

最近的SEC文件表明，Litecoin（LTC）和Solana（Sol）ETF可以很快获得批准。

Key developments include:

主要发展包括：

These developments suggest that traders could be rotating capital out of Ethereum ETFs and into emerging crypto ETFs.

这些事态发展表明，交易者可以将资本从以太坊ETF中旋转，并进入新兴的加密ETF。

The Final Day of February Saw a Small Net Inflow into ETH ETPs

2月的最后一天看到了一个小的净流入ETH ETP

Data from Glassnode shows that the crypto market saw a surprising shift in institutional sentiment on Friday, February 28, as major altcoins experienced unexpected selling pressure.

GlassNode的数据表明，加密货币市场在2月28日星期五的机构情绪发生了令人惊讶的转变，因为Altcoins主要的Altcoins经历了意外的销售压力。

Despite the broader market downturn, which saw inflows into crypto ETPs totaling $128 million over the past seven days, the narrative took an interesting turn.

尽管在过去的七天中，市场流入了更广泛的市场经济下滑，它流入了总计1.28亿美元的加密ETP，但叙述还是一个有趣的转变。

While the narrative surrounding the crypto market in February 2025 has largely focused on institutional outflows from Ethereum ETFs, the latest data from Glassnode reveals a small net inflow into ETPs.

虽然2025年2月围绕加密市场的叙述主要集中在以太坊ETF的机构流出上，但GlassNode的最新数据揭示了向ETP的净流入。

This trend aligns with the broader market narrative, which saw a preference for equities over bonds.

这种趋势与更广泛的市场叙述相吻合，该叙事偏爱股票而不是债券。

However, the past week has seen a slight shift, with inflows into crypto ETPs outpacing those into equities.

但是，过去一周的转变略有变化，流入加密ETP的流入将这些ETP超过股票。

The selling pressure on major altcoins like MATIC, LINK, and ADA was unexpected, considering the recent progress made by Solana and Litecoin in their respective ETF filings.

考虑到Solana和Litecoin在各自的ETF文件中取得的进展，诸如Matic，Link和ADA等主要山台的销售压力是出乎意料的。

This development could indicate that traders are preparing for a shift in focus, moving away from Layer-1 altcoins and pivoting toward Layer-1 ETF approvals.

这一发展可能表明，交易者正在准备转变重点，从1层高度币转移到旋转1层ETF批准。

The coming weeks will be crucial in observing whether ETH price can regain upward momentum or if capital rotation into alternative crypto ETFs will persist.

接下来的几周对于观察ETH价格是否可以恢复向上势头或资本旋转到替代加密ETF将持续存在至关重要。

Ethereum Price Forecast: Bulls Face Deeper Correction Risks If $2,200 Support Caves

以太坊价格预测：如果2200美元的支援洞穴，公牛会面临更深的更正风险

Technical Analysis

技术分析

Relative Strength Index (RSI) oversold

相对强度指数（RSI）超卖

Donchian Channel lower band suggests strong selling pressure

Donchian Channel Lower Band表明强大的销售压力

Lack of strong rebound despite oversold RSI implies bearish momentum

尽管超出了RSI意味着看跌势头，但缺乏强劲的反弹

Minor accumulation at $2,200 offers potential support

$ 2,200的次要积累提供潜在的支持

The broader crypto market is showing signs of fatigue as the recent rally stalls.

作为最近的集会摊位，更广泛的加密货币市场表现出疲劳的迹象。

The rally encountered strong resistance at the 200-week moving average, which could be setting the stage for a deeper correction.

这次拉力赛在200周的移动平均线上遇到了强烈的阻力，这可能为更深入的校正奠定了基础。

The Relative Strength Index (RSI) on the weekly chart also suggests that buyers are losing steam.

每周图表上的相对强度指数（RSI）也表明买家正在失去蒸汽。

The RSI has pulled back from overbought territory and is now trading below the 70 level.

RSI已从超买的领土上退缩，现在交易低于70级。

This setback in bullish momentum could foreshadow further weakness in the market.

在看涨的势头中，这种挫折可以预示市场上的进一步弱点。

If the bulls fail to defend the $2,200 zone

如果公牛没有捍卫2200美元的区域