以太坊（ETH）在季度时间表上面临技术威胁

以太坊通过持续的向下势头压制，即使是近期的集会也可能不足以立即改变更广泛的趋势

The crypto market has seen better days, especially for Ethereum, which has been weighed down by persistent downward momentum. Even a near-term rally may not be enough to shift the broader trend immediately.

加密市场已经过了更好的日子，尤其是对于以太坊而言，这已经被持续的向下势头所压制。即使是近期集会也可能不足以立即改变更广泛的趋势。

As it stands, the ETH price is now at an important technical moment, with crypto analyst Tony “The Bull” Severino warning of a possible close below a significant long-term indicator. With just days remaining in the first quarter of 2025, Severino took to the social media platform X to highlight the implications of Ethereum’s position relative to its 3-month Bollinger Band basis, which could spell trouble.

就目前而言，现在的ETH价格正处于重要的技术时刻，加密分析师Tony“ The Bull” Severino警告可能关闭一个重要的长期指标。在2025年第一季度剩下的几天之内，Severino进入了社交媒体平台X，以强调以太坊相对于其3个月的Bollinger乐队的含义，这可能会带来麻烦。

The 3M Bollinger Band is a version of the standard Bollinger Bands indicator applied to a 3-month (quarterly) chart. In this case, each candlestick on the chart represents three months of price action, so it covers ETH’s price behavior from a long-term perspective. Speaking of long-term price action, the Ethereum / U.S. Dollar 3-month index shared by Severino shows that the altcoin has been trading within these Bollinger bands since July 2022.

3M Bollinger乐队是标准Bollinger带指标的版本，该指示器适用于3个月（季度）图表。在这种情况下，图表上的每个烛台代表了三个月的价格行动，因此从长期的角度来看，它涵盖了ETH的价格行为。说到长期价格行动，Severino共享的以太坊 /美元3个月指数表明，自2022年7月以来，Altcoin一直在这些Bollinger乐队中进行交易。

As shown in the price chart below, Ethereum is currently trading close to the lower Bollinger band, which is just around the $2,000 price level. Interestingly, the current candlestick, which only has a few days to close, is highlighted by a lower wick protruding below the lower band. This means the Ethereum price has already broken below the Bollinger Band for a brief period this quarter, but only a close below could quickly seal the deal.

如下面的价格图所示，以太坊目前正在接近下Bollinger乐队的交易，该乐队略大于2,000美元的价格水平。有趣的是，当前只有几天要关闭的烛台是由下部较低带突出的较低的灯芯突出的。这意味着本季度短期内，以太坊价格已经在Bollinger乐队以下损坏了，但是只有下面的近距离可以迅速达成这笔交易。

If Ethereum does close below the Bollighter Band, it will undoubtedly signal an incoming wave of bearish momentum that might outshine its current lackluster price action. The cryptocurrency might lose the $2,000 psychological price threshold completely and lose many support levels up until $1,500 before any strong rebound. Tony Severino noted that there are only seven days left to save Ethereum from closing below the 3M Bollinger Band and avoid a bearish potential.

如果以太坊在鲍里特乐队以下确实关闭，则无疑会表明传入的看跌势头可能会超过其目前的低廉价格动作。加密货币可能会完全失去2,000美元的心理价格阈值，并在1,500美元的重击之前失去许多支持水平。托尼·塞维诺（Tony Severino）指出，只剩下7天的时间来挽救以太坊免于在300万布林乐队以下关闭并避免看跌潜力。

In another post on X, the analyst expanded on the implications of ETH’s current structure. Many investors are hoping for a swift rebound and a return to all-time highs, but he cautioned that such an optimistic run might take a long time to manifest. Any bullish trend in the short term might not be enough to reverse the larger downward trend that has been developing for the past 12 months. A meaningful structural change will require sustained bullish pressure over multiple quarters, not just a short-term bounce.

在X上的另一篇文章中，分析师扩展了ETH当前结构的含义。许多投资者希望迅速反弹并回到历史最高点，但他警告说，这种乐观的运行可能需要很长时间才能表现出来。短期内的任何看涨趋势都不足以扭转过去12个月发展的更大下降趋势。有意义的结构变化将需要多个季度的持续看涨压力，而不仅仅是短期反弹。

“Think in terms of quarters, not months, weeks, or days,” Severino added.

Severino补充说：“就四分之一而不是几个月，几周或几天而言，请考虑一下。”

At the time of writing, Ethereum is trading at $2,052.

在写作时，以太坊的交易价格为2,052美元。