以太坊 [ETH] 与比特币 [BTC] 的持续斗争继续主导市场讨论

以太坊的原生代币 ETH 徘徊在对比特币的关键支撑位附近，而质押趋势显示持续流入。

As the new week begins, Bitcoin’s [BTC] recent rally has put other altcoins in the spotlight. Among them, Ethereum’s [ETH] ongoing struggle against Bitcoin continues to dominate market discussions, as its ETH/BTC pair remains in a precarious position.

随着新的一周开始，比特币最近的上涨使其他山寨币成为人们关注的焦点。其中，以太坊 [ETH] 与比特币的持续斗争继续主导市场讨论，因为其 ETH/BTC 货币对仍处于不稳定状态。

However, recent data revealed that Ethereum’s native token, ETH, was hovering around critical support levels against Bitcoin, while staking trends showed continuous inflow. Here’s what the charts tell us about Ethereum’s trajectory and market health.

然而，最近的数据显示，以太坊的原生代币 ETH 徘徊在对比特币的关键支撑位附近，而质押趋势显示持续流入。以下图表告诉我们有关以太坊的轨迹和市场健康状况的信息。

Ethereum testing key resistance in ETH/BTC

以太坊正在测试 ETH/BTC 的关键阻力位

Ethereum’s ETH/BTC pair experienced a modest recovery from its recent dip, trading at 0.03469 BTC at the time of writing.

以太坊的 ETH/BTC 货币对从最近的下跌中小幅回升，在撰写本文时交易价格为 0.03469 BTC。

This followed a significant decline that saw ETH breach the 50-day and 200-day moving averages earlier this year, solidifying a bearish crossover.

此前，ETH 今年早些时候曾大幅下跌，突破 50 日和 200 日移动均线，巩固了看跌交叉。

The recent uptick, however, brought it back above 0.034, but the 200-day MA, at 0.0459 BTC at press time, loomed as a formidable resistance level.

然而，最近的上涨使其回到 0.034 上方，但 200 日均线（截至发稿时为 0.0459 BTC）似乎是一个强大的阻力位。

A closer look at the daily chart revealed that the Moving Average Convergence Divergence (MACD) showed a bearish trend, with the signal line still below zero.

仔细观察日线图可以发现，移动平均线趋同分歧（MACD）呈看跌趋势，信号线仍在零线下方。

The Stochastic RSI pointed to oversold conditions, hinting at potential relief rallies.

随机相对强弱指数显示超卖状况，暗示潜在的缓解性反弹。

Meanwhile, the On-Balance Volume (OBV) suggested muted momentum, further reinforcing the notion that ETH has been facing significant challenges in reclaiming dominance against Bitcoin.

与此同时，平衡交易量（OBV）表明势头疲软，进一步强化了这样一种观点，即 ETH 在夺回对比特币的主导地位方面一直面临着重大挑战。

ETH/USD trend: Bullish momentum into key resistance

ETH/美元趋势：看涨势头进入关键阻力位

In contrast to its struggles against Bitcoin, the ETH/USD pair painted a more optimistic picture.

与比特币的挣扎相比，以太坊/美元货币对描绘了一幅更加乐观的景象。

Ethereum was trading at $3,147 at press time, having already reclaimed the 200-day moving average at $2,955.

截至发稿时，以太坊交易价格为 3,147 美元，已经收复 2,955 美元的 200 日移动均线。

The recent bullish crossover between the 50-day and 200-day MAs signaled a potential shift in momentum, with key resistance levels around $3,200 being closely watched.

最近 50 日均线和 200 日均线之间的看涨交叉预示着动能可能发生转变，3,200 美元附近的关键阻力位受到密切关注。

Further analysis of the daily chart revealed that the Relative Strength Index (RSI) hovered near 71, indicating slightly overbought conditions.

进一步分析日线图显示，相对强弱指数（RSI）徘徊在71附近，表明存在轻微超买状况。

At the same time, the MACD remained in bullish territory, suggesting room for further upside.

与此同时，MACD 仍处于看涨区域，表明还有进一步上涨的空间。

Ethereum’s ability to hold above $3,000 will be crucial in maintaining its upward trajectory in the coming weeks.

以太坊能否维持在 3000 美元以上，对于未来几周维持其上涨轨迹至关重要。

Ethereum’s TVL remains bright as staked ETH hits new highs

随着质押 ETH 创出新高，以太坊的 TVL 依然光明

On the staking front, Ethereum’s fundamentals remained robust. The total value staked in Ethereum’s network hit an all-time high of 34.8 million ETH, underscoring strong confidence among holders.

在质押方面，以太坊的基本面依然强劲。以太坊网络的质押总价值达到 3480 万 ETH 的历史新高，凸显了持有者的强烈信心。

This metric, paired with Ethereum’s press time price of $3,100, highlighted a steady increase in staking participation despite the lackluster performance against Bitcoin.

这一指标与以太坊截至发稿时 3,100 美元的价格相结合，突显出尽管相对于比特币表现平淡，但质押参与度仍在稳步增长。

Data from CryptoQuant revealed that staked ETH grew consistently over the past year, even as Ethereum’s price endured volatility.

CryptoQuant 的数据显示，尽管以太坊的价格经历了波动，但质押的 ETH 在过去一年中持续增长。

This resilience could signal a longer-term bullish sentiment for the network, even if the ETH/BTC pair falters in the short term.

即使 ETH/BTC 货币对在短期内出现动摇，这种弹性也可能预示着网络的长期看涨情绪。

What’s next for Ethereum? The broader market sentiment around Ethereum is mixed

以太坊的下一步是什么？围绕以太坊的更广泛市场情绪好坏参半

While the growing total value staked paints a picture of investor confidence, the ETH/BTC pair’s inability to sustain key levels raises concerns.

虽然不断增长的总价值描绘了投资者的信心，但 ETH/BTC 货币对无法维持关键水平引发了担忧。

ETH’s path forward depends heavily on its ability to regain strength against Bitcoin, particularly as Bitcoin’s dominance continues to rise.

ETH 的前进道路在很大程度上取决于其恢复相对于比特币实力的能力，特别是在比特币的主导地位持续上升的情况下。

For Ethereum to regain footing, a break above the 0.045 BTC resistance is essential. Meanwhile, the 0.033 BTC support remains critical to watch in the event of further declines.

以太坊要想重新站稳脚跟，突破 0.045 BTC 阻力位至关重要。与此同时，如果比特币进一步下跌，0.033 BTC 的支撑位仍然值得关注。