以太坊（ETH）价格预测：鲸鱼垃圾场760,000 ETH，导致价格下降到20天的EMA以下

以太坊正面临着越来越多的挑战

The post Ethereum Faces Triple Threat As Whales Sell, BTC Dominance Grows, And DeFi Share Shrinks appeared first on Chain Link.

随着鲸鱼的出售，BTC优势的增长，以太坊后的以太坊面临三重威胁，而Defi共享收缩率首先出现在链环上。

Relative strength indicator now stands at 40.73.gradient of the line suggests increasing selling pressure.

现在，相对强度指标为40.73。该线的分数表明销售压力增加。

After a stellar performance throughout 2023, fueled by anticipation for the highly touted "Ethereum narrative," the second-largest cryptocurrency, Ethereum (ETH), now faces pressing challenges that threaten its underwhelming price performance in 2024.

在整个2023年的表现出色之后，第二大加密货币（ETH）的高度吹捧的“以太坊叙事”的期望引起了人们的期望之后，现在面临着威胁到2024年价格低廉的价格表现的紧迫挑战。

At the current price point of $1,880, the cryptocurrency is facing difficulties in breaking above the 20-day Exponential Moving Average (EMA), suggesting a continuation of bearish momentum.

在目前的1,880美元的价格点上，加密货币在超过20天的指数移动平均线（EMA）方面面临困难，这表明持续持续看跌。

Multiple limiting factors have contributed to this underwhelming performance, contrasting sharply with Bitcoin’s resilience.

多个限制因素促成了这种不足的表现，与比特币的弹性形成鲜明对比。

Whales Are Selling

鲸鱼正在销售

According to crypto analyst Ali Martinez, large Ethereum holders have sold approximately 760,000 ETH in the last two weeks.

根据加密分析师阿里·马丁内斯（Ali Martinez）的说法，在过去的两个星期中，大型以太坊持有人售出了约760,000 ETH。

"Interesting stat: Whales have sold 760,000 #Ethereum $ETH in the last two weeks!

“有趣的统计：鲸鱼在过去两个星期中售出了760,000 #Ethereum $ eth！

"The number of large ETH transactions has fallen by 63.8% since February 25, 2024, signaling a drop in activity on the network."

“自2024年2月25日以来，大型ETH交易的数量下降了63.8％，这表明该网络活动下降。”

This move has likely contributed to the recent price weakness as the crypto behemoths are exiting the market.

随着加密庞然大物正在退出市场，这一举动可能导致了最近的价格疲软。

However, the reduction in the number of large transactions is more concerning. Since February 25, there has been a 63.8% decline in the number of large ETH transactions, signaling a substantial drop in whale activity.

但是，大型交易数量的减少更加令人担忧。自2月25日以来，大型ETH交易的数量下降了63.8％，这表明鲸鱼活动大幅下降。

This slowdown suggests that institutional players and major investors are either exiting the market or choosing to stay on the sidelines, which bodes poorly for liquidity, market confidence, and price support for ETH in the near term.

这种放缓表明，机构参与者和主要投资者要么离开市场，要么选择留在场上，因为这在短期内，由于流动性，市场信心和对ETH的价格支持的体现较差。

If whales continue to offload ETH at this rate, Ethereum may struggle to regain bullish momentum.

如果鲸鱼继续以这种速度卸载ETH，以太坊可能会难以恢复看涨的势头。

ETH/BTC Ratio Hits a 3-Year Low

ETH/BTC比率达到3年低点

Furthermore, the ETH/BTC ratio has dropped to 0.022, its lowest level since December 2020. This also marks a 73% decline from its 0.085 peak in September 2022.

此外，ETH/BTC的比率已下降到0.022，这是自2020年12月以来的最低水平。这也标志着2022年9月的0.085峰值下降了73％。

At a current price of $1,880, Ethereum is down 9% over the past week and 62% from its all-time high of $4,890 in November 2021.

以太坊目前的价格为1,880美元，在过去一周中下降了9％，比2021年11月的4,890美元的历史最高点下降了62％。

In contrast, Bitcoin has remained more resilient, trading at around $84,300, with only a 10% decline year-to-date (YTD). Meanwhile, Ethereum has plunged 46% YTD, indicating that investor confidence in ETH is waning.

相比之下，比特币保持更具弹性，交易约为84,300美元，毕业生仅10％（YTD）。同时，以太坊跌落了46％的YTD，表明投资者对ETH的信心正在减弱。

The decrease in the ETH/BTC ratio highlights the shifting dynamics in the crypto market, with Bitcoin managing to retain value despite the YTD price weakness, while Ethereum faces steeper losses and growing difficulties.

ETH/BTC比率的下降突出了加密市场中的动态变化，尽管YTD价格疲软，但比特币仍保持了价值，而以太坊则面临着更陡峭的损失和越来越大的困难。

This disparity might be attributed to the narrative surrounding both crypto behemoths. Bitcoin, often viewed as a safe-haven asset due to its resilience and first-mover advantage, seems to be attracting more liquidity and institutional interest.

这种差距可能归因于围绕两个加密庞然大物的叙述。比特币由于其韧性和首先发挥优势而被视为避风港资产，似乎吸引了更多的流动性和机构利益。

On the other hand, Ethereum, which is largely hyped for its role in DeFi and Web3, appears to be losing steam as investors seek out alternatives or prefer to stay liquidated.

另一方面，由于投资者寻求替代方案或宁愿保持清算的方式，因此在很大程度上因其在Defi和Web3中的作用而受到炒作的以太坊似乎正在失去动力。

This shift in narrative and liquidity flows might be pushing the ETH/BTC ratio to new lows, indicating a potential preference for Bitcoin over Ethereum among institutional and large-scale investors.

叙事和流动性流的这种转变可能是将ETH/BTC比率提高到新低点，这表明对比特币而不是机构和大型投资者的以太坊的偏好。

This shift in liquidity and narrative could have implications for the YTD performance of both crypto behemoths.

流动性和叙述的这种转变可能对两种加密庞然大物的YTD表现产生影响。

Finally, Ethereum’s dominance in the total value locked (TVL) of DeFi protocols has also seen a notable decline.

最后，以太坊在DEFI协议的总价值锁定（TVL）中的主导地位也显着下降。

As of press time, Ethereum’s TVL stands at $50.68 billion, accounting for 52.76% of the total DeFi market. However, this represents a decline from its 61.64% share in February 2024.

截至发稿时，以太坊的TVL为506.8亿美元，占DEFI总市场的52.76％。但是，这比2024年2月的61.64％份额下降。

One of the biggest beneficiaries of this shift has seen Solana's TVL increase from 2.84% to 7.24%, bringing its total to $6.69 billion–a more than 2.5x increase in just over a year.

这一转变中最大的受益人之一是，索拉纳的TVL从2.84％增加到7.24％，总计达到66.9亿美元，一年以上增长了2.5倍。

The rise of competing ecosystems like Solana underscores the growing demand for more efficient, lower-cost alternatives to Ethereum.

诸如Solana之类的竞争生态系统的兴起强调了对以太坊更高效，低成本替代品的日益增长的需求。

As investors and liquidity providers seek out new opportunities, the landscape of DeFi is evolving, presenting both challenges and possibilities for Ethereum to maintain its leading position.

随着投资者和流动性提供商寻求新的机会，Defi的景观正在发展，这既提出了以太坊维持其领先地位的挑战和可能性。