随着美联储准备向市场注入估计 8000 亿美元的流动性，以太坊 (ETH) 的价格可能很快就会大幅上涨

这种资金涌入与围绕美国债务上限和财政部普通账户（TGA）调整的行动有关，引发了投资者的兴奋。

As the U.S. Federal Reserve prepares to inject an estimated $800 billion in liquidity into the market, Ethereum (ETH) might soon see a significant price boost. This influx, which is tied to actions surrounding the U.S. debt ceiling and adjustments to the Treasury General Account (TGA), has sparked excitement among investors.

随着美联储准备向市场注入约 8000 亿美元的流动性，以太坊 (ETH) 的价格可能很快就会大幅上涨。这一资金流入与围绕美国债务上限和财政部普通账户（TGA）调整的行动有关，引发了投资者的兴奋。

The timing of the $800 billion liquidity injection has emerged as a focal point. Analysts have observed that TGA balances often show consistent patterns, particularly around critical moments like debt ceiling debates. The TGA, which is currently estimated to be around $850 billion, could drain down to approximately $700 billion by the end of Q4 2024. If U.S. lawmakers delay an agreement on the debt ceiling, the Treasury might need to draw down its reserves further through early 2025.

8000亿美元流动性注入的时机已成为焦点。分析师观察到，TGA 余额通常表现出一致的模式，特别是在债务上限辩论等关键时刻。 TGA 目前估计约为 8500 亿美元，到 2024 年第四季度末可能会减少至约 7000 亿美元。如果美国立法者推迟就债务上限达成协议，财政部可能需要在早期进一步动用其储备金。 2025 年。

Historically, liquidity released from the TGA has positively impacted risk assets, including Ethereum. As the government releases funds into the market to pay for its spending, it increases the availability of capital, which tends to boost prices and increase investor interest in ETH.

从历史上看，TGA 释放的流动性对包括以太坊在内的风险资产产生了积极影响。随着政府向市场释放资金来支付其支出，它增加了资本的可用性，这往往会推高价格并增加投资者对 ETH 的兴趣。

The substantial capital injection is expected to benefit Ethereum, potentially driving its price higher in the coming months as the market anticipates increased liquidity. However, it's important to note that the precise timing and magnitude of the liquidity injection may vary depending on several factors, including economic conditions and government spending patterns.

预计大量注资将使以太坊受益，随着市场预期流动性增加，可能会在未来几个月推高其价格。然而，值得注意的是，注入流动性的确切时间和规模可能会因经济状况和政府支出模式等多种因素而有所不同。

ETH’s Divergence from Bitcoin

ETH 与比特币的背离

In recent months, ETH/BTC has experienced a marked separation in performance, which could be a potential indicator of an upcoming shift in the broader cryptocurrency market dynamics. While Bitcoin has shown signs of strength, especially in the first half of 2024, Ethereum has notably outperformed the leading cryptocurrency.

近几个月来，ETH/BTC 的表现出现了明显的分离，这可能是更广泛的加密货币市场动态即将发生转变的潜在指标。虽然比特币显示出走强的迹象，尤其是在 2024 年上半年，但以太坊的表现明显优于领先的加密货币。

This divergence in performance between ETH and BTC might be signaling a change in market leadership, especially considering the significant gains that Bitcoin has already posted from the last bear market bottom. If Ethereum maintains its divergence from Bitcoin, it could lead a new altcoin season, with ETH potentially steering the market toward higher valuations.

ETH 和 BTC 之间的这种表现差异可能预示着市场领导地位的变化，特别是考虑到比特币已经从上次熊市底部取得了显着收益。如果以太坊继续保持与比特币的差异，它可能会引领一个新的山寨币季节，而以太坊可能会引导市场走向更高的估值。

Observers have also noted ongoing manipulation phases, which often signal a change in trend. As ETH continues to diverge from BTC and other top crypto assets, such as BNB and XRP, it could set up Ethereum for a promising rally in early 2025.

观察家还注意到持续的操纵阶段，这通常预示着趋势的变化。随着 ETH 继续与 BTC 和其他顶级加密资产（例如 BNB 和 XRP）背离，它可能会让以太坊在 2025 年初迎来有希望的反弹。

Major assets, including U.S. stocks, gold, Bitcoin, and Ethereum, are now approaching previous highs. Within this setting, where several asset classes are nearing critical resistance levels, Ethereum appears fundamentally strong, ready for a potential rally as the market anticipates increased liquidity from the Fed's actions.

包括美股、黄金、比特币和以太坊在内的主要资产目前已逼近前期高点。在这种情况下，几种资产类别正接近关键阻力位，以太坊似乎基本面强劲，随着市场预期美联储行动将增加流动性，准备迎接潜在的反弹。

Experts predict that ETH might establish a support base around the 0.032-0.034 BTC level, setting it up for a price surge heading into Q1 2025. Despite nearing a red MACD monthly candle — a candle that typically carries bearish implications, especially if it closes near the lows — analysts suggest that increased liquidity from the Fed could reverse this pattern, especially if Ethereum maintains key support levels and continues to diverge positively from Bitcoin.

专家预测，ETH 可能会在 0.032-0.034 BTC 水平附近建立支撑位，为进入 2025 年第一季度的价格飙升做好准备。尽管接近红色 MACD 月度蜡烛 — — 该蜡烛通常带有看跌暗示，尤其是当收盘价接近红色时分析师认为，美联储增加的流动性可能会扭转这种模式，特别是如果以太坊维持关键支撑位并继续与比特币出现积极背离的话。

Technical indicators also hint at a promising future for Ethereum. While ETH nearly closed its first red MACD monthly candle since the last bear market, showing a bearish divergence from the previous bullish trend, analysts believe this would not hinder a price recovery.

技术指标也暗示了以太坊的光明前景。尽管 ETH 几乎收出了自上次熊市以来的第一根红色 MACD 月度蜡烛，显示出与之前看涨趋势的看跌背离，但分析师认为这不会阻碍价格复苏。

Moreover, Ethereum showed an “Inside Pivot” pattern on the weekly time frame, which previously led Bitcoin to substantial gains as the market rallied out of the bear market in 2023. Additionally, the TD Sequential, another technical indicator, flashed a buy signal on Ethereum's 4-hour chart, suggesting a potential rebound if ETH holds above the $2,480 support level.

此外，以太坊在每周时间框架上显示出“内部枢轴”模式，这导致比特币在 2023 年市场走出熊市时大幅上涨。此外，另一个技术指标 TD Sequential 也发出了买入信号。以太坊 4 小时图表表明，如果 ETH 保持在 2,480 美元的支撑位上方，则可能出现反弹。

Could Ethereum Reclaim its ATH?

以太坊能夺回 ATH 吗？

If the anticipated liquidity flows into the market as expected, we might see Ethereum target a price above $6,000 in the coming months. This price level could present a crucial test for ETH, especially considering that many investors who missed out on Ethereum at the $2,200 range might be looking for fresh opportunities to enter the market.

如果预期的流动性按预期流入市场，我们可能会看到以太坊的价格在未来几个月内达到 6,000 美元以上。这一价格水平可能对 ETH 构成重大考验，特别是考虑到许多在 2,200 美元区间错过以太坊的投资者可能正在寻找新的进入市场的机会。

Bullish sentiments remain strong, especially among crypto investors who have witnessed impressive gains in 2023 and early 2024. Many market watchers are bullish on Ethereum's fundamentals, which could provide a foundation for sustained growth in the coming year.

看涨情绪依然强劲，尤其是在 2023 年和 2024 年初见证了令人印象深刻的收益的加密货币投资者中。许多市场观察人士看好以太坊的基本面，这可能为来年的持续增长奠定基础。

While uncertainties around TGA estimates persist, especially considering the government's spending patterns and debt obligations, Ethereum's current market position and the expected liquidity injection create favorable conditions for a rally. Should the Fed's actions play out as anticipated, we could see Ethereum stand to gain significantly, potentially igniting a powerful upward trend in early 2025.

尽管TGA预估的不确定性依然存在，特别是考虑到政府的支出模式和债务义务，但以太坊当前的市场地位和预期的流动性注入为反弹创造了有利条件。如果美联储的行动如预期发挥作用，我们可能会看到以太坊将大幅上涨，并有可能在 2025 年初引发强劲的上涨趋势。