以太坊（ETH）价格下跌以下$ 1,800，测试了Defi市场的限制

周一，第二大加密货币下降了近10％，下降至1,820美元。这标志着自2023年12月以来的最低价格。

Ethereum (ETH) price has faced strong market pressure recently, leading to a nearly 10% drop on Monday to $1,820. This pushed the second-largest cryptocurrency to its lowest level since December 2023.

以太坊（ETH）价格最近面临着强烈的市场压力，周一下跌了近10％，至1,820美元。这将第二大加密货币推向了自2023年12月以来的最低水平。

The sudden fall has put decentralized finance (DeFi) loans at risk, especially given Ethereum’s role as key collateral for many loans on these platforms.

突然的下跌使分散的金融（DEFI）贷款处于危险之中，尤其是考虑到以太坊在这些平台上的许多贷款中的关键抵押品。

A major concern is a $74 million loan on the Sky (formerly Maker) platform that was at risk as it was backed by 65,680 ETH tokens, valued at nearly $130 million earlier on Monday.

一个主要问题是，在Sky（以前是Maker）平台上的7400万美元贷款处于危险之中，因为它得到了65,680 ETH代币的支持，周一早些时候价值将近1.3亿美元。

The loan’s liquidation level sat just above $1,900. When ETH dropped below this threshold, it put the entire loan at risk of being liquidated.

贷款的清算级别略高于1,900美元。当ETH降至此阈值以下时，这会使整个贷款面临被清算的风险。

However, blockchain data shows that the borrower acted swiftly. They withdrew 2,000 ETH (roughly $4 million) from cryptocurrency exchange Bitfinex and added it to their collateral.

但是，区块链数据表明借款人迅速采取行动。他们从加密货币交易所Bitfinex中撤出了2,000张ETH（约400万美元），并将其添加到了他们的抵押品中。

Moreover, as prices continued falling, the borrower withdrew $1.6 million in USDT stablecoin from Binance, converted it to DAI, and used it to reduce their debt to $73.1 million.

此外，随着价格持续下跌，借款人从Binance撤回了160万美元的USDT Stablecoin，将其转换为Dai，并将其用于将其债务减少到7310万美元。

Despite these efforts, danger remains as the loan’s new liquidation level now stands at $1,836, still very close to ETH’s recent trading price of around $1,870.

尽管做出了这些努力，但由于贷款的新清算水平现在为1,836美元，危险仍然存在，仍然非常接近ETH最近的交易价格约为1,870美元。

This loan isn’t the only one facing difficulties. According to DefiLlama data, $13.6 million worth of loans could face liquidation if ETH hits $1,857. Another $117 million in loans would be liquidated at $1,780.

这笔贷款并不是唯一面临困难的贷款。根据Defillama的数据，如果ETH达到1,857美元，价值1,360万美元的贷款可能会面临清算。另外1.17亿美元的贷款将以1,780美元的价格清算。

Looking at the broader picture, if ETH falls another 20%, about $366 million in debt could face liquidation.

看着更广泛的情况，如果ETH再下跌20％，则可能面临大约3.66亿美元的债务。

These liquidations could create a downward spiral. When loans get liquidated, their collateral is sold off, which in turn creates more selling pressure on ETH’s price.

这些清算可能会产生向下的螺旋。当贷款被清算时，他们的抵押品将被出售，这又对ETH的价格造成了更大的销售压力。

Investor sentiment towards Ethereum has soured, according to Glassnode data. Only 50% of Ethereum holders are currently in profit, compared to 82% at the start of the year.

根据GlassNode数据，对以太坊的投资者情绪恶化了。目前，只有50％的以太坊持有人在获利，而年初为82％。

Technical Analysis

技术分析

Technical analysis suggests that ETH is performing poorly. It has traded below the Ichimoku Cloud since January 25, which may continue to push the price downward.

技术分析表明，ETH的性能差。自1月25日以来，它一直低于Ichimoku Cloud的交易，这可能会继续向下推动价格。

Some analysts suggest that $1,700 is the next support level to watch out for. If this level fails to hold, they warn of “catastrophic liquidations” that could drive prices even lower, with some targeting $1,300.

一些分析师认为，1,700美元是要注意的下一个支持水平。如果此水平无法保持，他们警告说，“灾难性清算”可能会推动价格降低，其中一些目标是1,300美元。

However, not all signals are bearish. Last week saw $1.8 billion worth of ETH move from exchanges to private wallets, marking the largest outflow since December 2022.

但是，并非所有信号都是看跌。上周，从交易所转移到私人钱包，价值18亿美元的ETH转移，标志着自2022年12月以来最大的流出。

Such movements usually indicate long-term holding plans rather than preparation for selling, which could indicate that some investors see the current prices as a buying opportunity.

这样的运动通常表明长期持有计划而不是准备出售，这可能表明一些投资者将目前的价格视为购买机会。

If demand increases, optimistic analysts suggest that ETH could eventually recover to $4,045, which would represent a 120% gain from current levels. But with bearish sentiment dominating the market, such a recovery seems unlikely in the near term.

如果需求增加，乐观的分析师表明，ETH最终可以恢复到4,045美元，这将是当前水平的120％的收益。但是，随着看跌的情绪主导着市场，这种复苏似乎不太可能在短期内。