2025年4月12日的以太坊（ETH）价格行动分析

市场开始强劲，在向上渠道内始终上升，然后以1,590美元的价格达到顶峰，如《 ETH Price 5分钟》图表所示。

Bitcoin maximalist Samson Mow is known for his strong takes, and he’s not holding back on Ethereum (CRYPTO:ETH) even after the “crazy 270% increase of Bitcoin (CRYPTO:BTC) since January of 2022” has made some take notice.

比特币的最大主义者Samson Mow以其强劲的看法而闻名，即使自2022年1月以来，“比特币（Crypto：BTC）的疯狂270％增加了270％的比特币（Crypto：BTC），他也没有阻止以太坊（Crypto：ETH）。

The CEO of JAN3 has been vocal and clear about his thoughts on the ETH price and whether it reflects the real underlying fundamentals of the project, especially with ETH mostly “idling” while Bitcoin continues its run. Both are also dealing with uncertainty from the macroeconomic environment, which makes the discussions surrounding the value of ETH all the more interesting.

Jan3的首席执行官对他对ETH价格的想法以及它是否反映了该项目的真正基本面，尤其是ETH主要是“空闲”的，而比特币继续运行，这是否反映了他对ETH价格的想法，这是否反映了他对ETH价格的想法，这是否反映了他的想法。两者也都在处理宏观经济环境中的不确定性，这使得围绕ETH价值的讨论变得更加有趣。

What Happened: Mow’s criticism centers on Ethereum’s supply structure. A massive portion of ETH was premined, leaving 72 million tokens in circulation before public mining even began. This high initial supply, in contrast to Bitcoin’s gradual release through mining, skews the Ethereum valuation, according to Mow.

发生的事情：割草的批评集中在以太坊的供应结构上。 ETH的大部分时间都有成本，在公众开采开始之前，仍有7200万个令牌流通。根据MOW的说法，与比特币通过采矿逐渐释放相比，这种高初始供应偏向以太坊估值。

“If there were only 21 million ETH, like Bitcoin, then ETH would be worth $9,300 now. But since there are 125 million ETH and 72 million were pre-mined before public mining even began, then the true value of ETH is $2,100,” Mow said in a recent post.

Mow在最近的一篇文章中说：“如果像比特币一样只有2100万ETH，那么ETH现在价值9,300美元。但是，由于有1.25亿ETH和7,200万美元在公众开采开始之前已经进行了预定，因此ETH的真实价值为2,100美元。”

The CEO went on to add that the gap between the two leading cryptocurrencies is widening, further bolstering his views on how much ETH misaligns from fundamentals.

首席执行官继续补充说，两个领先的加密货币之间的差距正在扩大，进一步加强了他对基本原理中的ETH失误的看法。

“The gap between Bitcoin and altcoins is widening rapidly. As Bitcoin continues its climb, the lack of innovation and misaligned fundamentals in altcoins will become increasingly apparent,” Mow said.

莫夫说：“比特币和山寨币之间的差距正在迅速扩大。随着比特币的攀升，山寨币缺乏创新和未对准的基本面将变得越来越明显。”

External Factor Weighs On ETH

外部因素对ETH的重量

In addition to the criticisms leveled by figures like Samson Mow, a Bitcoin maximalist, on topics like Ethereum’s high initial token supply and the implications for its valuation, external factors are also impacting the ETH price. For instance, due to global trade tensions, ETH dropped to a multi-year low of $1,380 before quickly bouncing back to $1,680 after the U.S. announced a temporary tariff hold. This rapid price movement demonstrates that the broad global economy has a deep impact on ETH prices.

除了诸如比特币最大化主义者Samson Mow之类的批评之外，对以太坊高的初始令牌供应和对其估值的影响等主题也影响了ETH价格。例如，由于全球贸易紧张局势，ETH降至1,380美元的多年低点，然后在美国宣布临时关税后迅速弹跳至1,680美元。这种快速的价格变动表明，广泛的全球经济对ETH价格产生了深远的影响。

With that in mind, let’s take a look at some price analyses to understand where ETH may be going next.

考虑到这一点，让我们看一下一些价格分析，以了解接下来的ETH可能会在哪里。

ETH Price Action Analysis of April 12th, 2025

2025年4月12日的ETH价格行动分析

The market started out powerfully, rising consistently inside an upward channel before reaching its peak at $1,590, as shown on the ETH Price 5-minute chart. Even though that price increase was noteworthy, it didn’t last long because ETH fell back immediately after encountering resistance, indicating that sellers are still defending that level. From there, ETH prices have been moving sideways in the $1,540 to $1,580 range as they continue to battle to break past the barrier level.

市场开始有力，在向上渠道内始终上升，然后达到1,590美元的峰值，如《 ETH Price 5分钟》图表所示。尽管价格上涨值得注意，但它并没有持续很长时间，因为ETH遇到抵抗力后立即倒下，这表明卖家仍在捍卫该水平。从那里开始，当他们继续战斗以超越障碍水平时，ETH价格一直在$ 1,540到1,580美元之间的侧面移动。

Chart , Analyzed by Alokkp0608, published on April 12th, 2025

图表，由Alokkp0608分析，于2025年4月12日发布

Buyers intervened several times to prevent the price from dropping much lower, and that $1,540 range has served as a stable floor. However, the upward momentum appears to have eased for the time being despite that support.

买家进行了几次干预，以防止价格下降得多，而1,540美元的范围已成为稳定的地板。但是，尽管支持了这一支持，但暂时似乎已经缓解了上升的动力。

The RSI indicates powerful but brief bullish bursts because it has repeatedly entered the overbought zone during the session. Prior to the appearance of a golden cross on the MACD, there was a definite oversold dip that caused a respectable bounce. Momentum has been fluctuating ever since, with a succession of death and golden crosses taking place.

RSI表示强大但短暂的看涨爆发，因为它在会议期间反复进入了过多的区域。在MACD上出现金十字架之前，有明确的超售倾角会引起可观的反弹。从那以后，动力就一直在波动，随着死亡和金十字架的一系列发生。

With a rising histogram and a new golden cross, MACD is currently once again in favor of the bulls. Although caution is necessary because the RSI is back over 70, the rally may have additional legs if buyers maintain the pressure.

随着直方图的上升和新的金十字架，MACD目前再次支持公牛。尽管需要谨慎，因为RSI恢复了70多，但如果买家保持压力，拉力赛可能会有额外的腿。

Ethereum: A Final Note

以太坊：最终音符

As criticism from figures like Bitcoin maximalist Samson Mow continues, regarding topics like the implications of high initial token supply and how it skews the Ethereum valuation, the current price action suggests positive technical momentum. Recent technical signals are showing potential for Ethereum upside.

随着比特币最大主义者Samson Mow等人物的批评仍在继续，关于诸如高初始令牌供应的含义及其如何偏向以太坊估值的主题，当前的价格行动表明了积极的技术势头。最近的技术信号显示了以太坊上升空间的潜力。

With strong support around $1,540 and a golden cross emerging on the MACD, Ethereum is nearing the breaking point of resistance at $1,590. The price moving sideways recently shows the fight between buyers and sellers, but the bulls are still in control. Even with skepticism around the value of ETH continuing, the outlook remains positive, and if buyers keep pushing for compression on the upside, another test of highs is possible in the future.

以大约1,540美元的支持和MACD上出现的黄金十字架，以太坊的抵抗点接近1,590美元。价格上涨最近显示了买卖双方之间的战斗，但公牛仍在控制中。即使对ETH继续持续的价值的怀疑，前景仍然是积极的，如果买家继续在上升方面推动压缩，将来可能会进行另一项对高潮的考验。