随着交易费用达到历史最低低点，以太坊（ETH）网络活动降至2020级

交易费用达到了历史最低水平，削弱了以太坊的通货膨胀模型并增加了通货膨胀风险。

Ethereum's network activity has dropped to 2020 levels as transaction fees hit all-time lows, crypto analyst EgyHash observes. This inactivity is affecting the burning mechanism and increasing inflation risks.

Crypto分析师Egyhash观察到，随着交易费用达到历史最低，以太坊的网络活动已下降到2020年。这种不活动正在影响燃烧机制和通货膨胀风险的增加。

Transaction Fees Hit All-Time Lows As Network Activity Fades

当网络活动逐渐消失时，交易费用达到了历史最低水平

According to EgyHash's analysis, Ethereum's network activity is gradually slowing down, pushing the asset into a difficult position. Compared to Bitcoin, Ethereum's performance has dropped to levels not seen since 2020, putting it on the brink of a 91% crash, as per crypto analyst Ali Martinez.

根据Egyhash的分析，以太坊的网络活动正在逐渐减慢，使资产陷入困境。与比特币相比，以太坊的性能已经下降到自2020年以来从未见过的水平，这使它处于91％崩溃的边缘，根据加密货币分析师Ali Martinez。

This inactivity is mainly attributed to the declining number of active addresses, which has been dropping steadily since the start of the year. As a result, transaction fees are also decreasing. According to on-chain data, both the average fee per transaction and block have hit all-time lows.

这种不活动主要归因于活动地址数量的下降，自年初以来，该地址一直在稳步下降。结果，交易费用也正在减少。根据链链数据，每笔交易的平均费用和块的平均费用都达到了历史最低点。

This development could have significant implications for Ethereum's ecosystem. Transaction fees are a crucial part of Ethereum's deflationary model, as they are burned to reduce the overall token supply. However, with transaction fees hitting all-time lows and network activity slowing down, the burning mechanism has weakened considerably.

这种发展可能对以太坊的生态系统产生重大影响。交易费用是以太坊放流模型的关键部分，因为它们被燃烧以减少整体代币供应。但是，随着交易费用达到历史最低水平，网络活动减慢，燃烧机制已大大削弱。

Moreover, this inactivity is unfolding amid a period of strong selling pressure, particularly from Ethereum whales. In just two weeks, whales have dumped 760,000 ETH, valued at about $1.42 billion.

此外，由于销售压力很大，尤其是以太坊鲸鱼，这种不活动正在发展。在短短的两个星期内，鲸鱼倾倒了760,000 ETH，价值约14.2亿美元。

This activity has also seen a decrease of 63.8% in the last five weeks, signaling major trouble. If this trend continues, it could lead to a massive sell-off and more price pain for the altcoin.

在过去的五周内，这项活动也下降了63.8％，这标志着主要麻烦。如果这种趋势持续下去，它可能会导致山寨币的大量抛售和更大的价格痛苦。

Impact of the Dcun Upgrade

DCUN升级的影响

The burning mechanism is crucial for controlling inflation and maintaining the value of the token. However, with transaction fees at record lows and network activity at 2020 levels, the burn rate has hit its lowest level since Ethereum transitioned to proof-of-stake with the merge in September 2022.

燃烧机制对于控制通胀和维持令牌的价值至关重要。但是，随着创纪录的低点和2020年级的网络活动的交易费用，燃烧率达到了以太坊在2022年9月与Merge一起过渡到股份证明以来的最低水平。

According to EgyHash, this situation is making it difficult for Ethereum to maintain its value. For a recovery, network activity and transaction fees must rise. However, if inflation continues to exceed demand, then Ethereum's price could remain under pressure.

根据埃及哈什（Egyhash）的说法，这种情况使以太坊难以保持其价值。为了恢复，必须上升网络活动和交易费用。但是，如果通货膨胀率继续超过需求，那么以太坊的价格可能会在压力下保持压力。

Ethereum's 91% Crash Warning

以太坊的91％崩溃警告

In another analysis, crypto analyst Ali Martinez has warned of a potential Ethereum crash against Bitcoin. According to Martinez, if the ETH/BTC chart is flipped upside down, it shows a double-top pattern—a classic bearish signal that often leads to a sharp fall.

在另一项分析中，加密分析师阿里·马丁内斯（Ali Martinez）警告说，对比特币的可能以太坊崩溃。根据马丁内斯（Martinez）的说法，如果ETH/BTC图表颠倒过来，它显示出双顶图案，这是经典的看跌信号，通常会导致急剧下降。

From this angle, the $ETH / $BTC trading pair could be heading to 0.0020 !pic.twitter.com/6kbCwP5krT

从这个角度来看，$ eth / $ btc交易对可能会前往0.0020！pic.twitter.com/6kbcwp5krt

He claims that if this pattern plays out, then ETH/BTC could tumble to 0.0020 BTC. Currently, Ethereum is trading at 0.02153 BTC ($1,766), meaning such a drop would be a devastating crash for the asset.

他声称，如果这种模式播出，则ETH/BTC可以跌至0.0020 BTC。目前，以太坊的交易价格为0.02153 BTC（1,766美元），这意味着这种下降将是该资产的毁灭性崩溃。

However, technical analysis suggests that if Ethereum manages to hold above the $1,800 support level and begins a recovery, similar to Bitcoin, it could push past the $1,900 and $1,950 resistance zones.

但是，技术分析表明，如果以太坊设法超过1,800美元的支持水平并开始恢复，类似于比特币，它可能会超过1,900美元和1,950美元的电阻区。

But if it falls below $1,800, it could continue down to test the next support at $1,700 and potentially lower levels.

但是，如果它低于$ 1,800，它可能会继续下降，以测试下一个支持的价格为1,700美元，并可能降低水平。