以太坊（ETH）价格动作回荡了过去，但在新的时间表上

以太坊（ETH）可能正在回应其过去的表现，而流行的加密分析师本杰明·科恩（Benjamin Cowen）认为图表模式不会说谎。

In a recent YouTube update with his 891,000 subscribers, popular crypto analyst Benjamin Cowen dives into the eerie repetitions of Ethereum’s (ETH) price performance, and he thinks the chart patterns are highlighting a familiar script.

在最近与他的891,000个订户的YouTube更新中，流行的加密分析师本杰明·考恩（Benjamin Cowen）深入了以太坊（ETH）的价格性能的怪异重复，他认为图表模式突出了一个熟悉的脚本。

As macro trends are setting the stage for the next leg up, several market watchers are aligning with the view that could soon unlock the next leg of the bull market.

随着宏观趋势正在为下一条比赛奠定基础，几个市场观察者正在与很快解锁牛市下一个领域的观点保持一致。

What Is Benjamin Cowen Observing in the Ethereum Charts?

本杰明·科恩（Benjamin Cowen）在以太坊图表中观察到了什么？

Cowen says that Ethereum is going through the same structure that it went through in 2019, but the reason this cycle feels so different is because it’s stretched out over a much longer period of time.

Cowen说，以太坊正在经历与2019年经历的相同结构，但是这个周期之所以如此不同的原因是因为它在更长的时间内延长了。

He adds that the same chart patterns that we saw in 2019 are now playing out, but they’ve been slowed down by about a factor of 10.

他补充说，我们在2019年看到的相同图表模式现在正在播放，但是它们的放慢速度约为10倍。

According to the analyst, the reason for this slower timeframe is down to quantitative tightening (QT). Last time around, QT ended in the pre-halving year, but in this cycle, we’re already approaching the midpoint of the post-halving year, and QT is still going on.

根据分析师的说法，此较慢的时间范围的原因是定量收紧（QT）。上一次，QT在预定前的一年结束，但是在这个周期中，我们已经接近了后期一年的中点，而QT仍在继续。

However, the Federal Reserve could begin to wind down QT by mid-2025, which could quickly boost risk assets like cryptocurrencies.

但是，美联储可能会在2025年中开始降低QT，这可能会迅速提高诸如加密货币之类的风险资产。

At the time of writing, Ethereum is trading at $1,652, showing a 12% gain in the last 24 hours and sparking renewed bullish sentiment among investors.

在撰写本文时，以太坊的交易价格为1,652美元，在过去24小时内增长了12％，并引发了投资者的新看涨情绪。

As the second-largest crypto asset by market cap, ETH’s performance is closely watched by institutions and retail traders.

作为市场上限的第二大加密资产，ETH的绩效受到机构和零售商人的密切关注。