当ETH/BTC对接近历史支持区时

以太坊（ETH）在加密市场中受到了严格的审查，尤其是与比特币（BTC）的关系，因为ETH/BTC对达到了历史上强烈的支持水平。

The cryptocurrency market has seen massive shifts in recent months, with Bitcoin (BTC) and Ethereum (ETH) remaining at the forefront of attention. As the dust settles on a tumultuous period for cryptocurrencies, new data from IntoTheBlock is highlighting a crucial development: Ethereum's price has dropped by 50% in the past week.

近几个月来，加密货币市场发生了巨大变化，比特币（BTC）和以太坊（ETH）仍处于关注的最前沿。随着尘埃在动荡的加密货币时期，来自Intotheblock的新数据强调了一个关键的发展：过去一周，以太坊的价格下跌了50％。

This decline in price comes amid a broader slowdown in on-chain activity, with the total revenue for Ethereum's base layer decreasing to $605,000 on March 17, a stark contrast to two weeks ago when it stood at $2.5 million.

价格下跌是在链上活动的更大放缓之中，以太坊的基础层的总收入在3月17日下降至605,000美元，这与两周前的鲜明对比，当时它的价格为250万美元。

The decrease in revenue can be attributed to several factors, including the migration of users and protocols to Layer 2 solutions like Arbitrum, Optimism, and zkSync to perform transactions more efficiently.

收入的减少可以归因于几个因素，包括用户和协议向第2层解决方案迁移，例如仲裁，乐观和ZKSYNC，以更有效地执行交易。

Moreover, competition from other blockchains like Solana and Avalanche, which offer lower transaction fees and faster speeds, has also led to a decrease in demand for Ethereum's mainnet.

此外，来自Solana和Avalanche等其他区块链的竞争（提供较低的交易费用和更快的速度）也导致对以太坊的主网的需求减少。

The decrease in price and on-chain activity is a significant finding, especially considering the recent rally in Bitcoin's price, which has seen it exceed the $50,000 mark.

价格下降和链上活动是一个重要的发现，尤其是考虑到最近的比特币价格集会，这已经超过了50,000美元。

Despite Bitcoin's gains, which are typically associated with an increase in demand for cryptocurrencies, the data from IntoTheBlock indicates the opposite.

尽管比特币的收益通常与加密货币的需求增加有关，但来自intotheblock的数据表示相反。

This divergence in price trends might be due to the fact that while Bitcoin's price has risen, its trading volume has decreased, suggesting less activity in the market.

价格趋势的这种差异可能是由于以下事实：尽管比特币的价格上涨，但其交易量减少，表明市场活动较少。

On the other hand, Ethereum's price has decreased despite an increase in daily active addresses, which are addresses that perform at least one transaction, indicating that the users who are active in the market are performing fewer transactions on average.

另一方面，尽管每日活动地址的增加，以太坊的价格仍下降，这是执行至少一笔交易的地址，表明在市场上活跃的用户平均执行较少的交易。

This finding is in line with the fact that, according to DeFi Llama data, the total value locked in DeFi protocols has decreased by 50% since its peak in early 2022, further highlighting the decrease in activity in the decentralized finance ecosystem.

这一发现符合以下事实：根据Defi Llama数据，自2022年初的峰值以来，Defi协议中锁定的总价值下降了50％，进一步强调了分散的金融生态系统活动的减少。