以太坊（ETH）于3月18日星期三开盘价为1,913美元

以太坊在3月18日星期三的交易开盘价为1,913美元，在等待美国美联储的利率决定的情况下，巩固了低于2,000美元抵抗的5％范围。

Ethereum price opened trading at $1,913 on Wednesday, March 15, moving in a 5% trading range.

3月15日星期三的以太坊价格以1,913美元的价格开放，交易范围为5％。

What Happened: The world’s second-largest cryptocurrency was seen consolidating below the $2,000 resistance ahead of the U.S. Federal Reserve’s interest rate decision.

发生的事情是：在美国美联储的利率决定之前，世界第二大加密货币的巩固率低于2,000美元的抵抗力。

Bitcoin (BTC) has continued to extend its lead over Ethereum (ETH) by 30% over three weeks, with the BTC/ETH ratio hitting a record high of 44.6 on March 14.

比特币（BTC）在三周内继续将其对以太坊（ETH）的领先优势延长了30％，而BTC/ETH比率在3月14日达到了创纪录的44.6个。

As Bitcoin trades at $83,000 and Ethereum at $1,900, 1 BTC can now buy more than 44 ETH—a 30% increase from the 1:33 ratio seen at the recent lows on February 25.

随着比特币的交易价格为83,000美元，以太坊的交易价格为1,900美元，现在1 BTC可以购买44多个ETH，比2月25日的最低点比1:33的比率增加了30％。

The sharp devaluation of Ethereum can be attributed to two key factors. Firstly, President Trump’s new trade tariff policies have rattled the global markets, prompting crypto investors to seek safety in Bitcoin over Ethereum.

以太坊的急剧贬值可以归因于两个关键因素。首先，特朗普总统的新贸易关税政策震撼了全球市场，促使加密货币投资者在以太坊中寻求比特币的安全。

Secondly, ETH price has struggled with network scalability issues and failed updates, which have dampened investor confidence. Historical data suggests that Ethereum’s devaluation accelerated after the Merge, with multiple failed network upgrades pushing ETH supply higher than pre-Merge levels.

其次，ETH Price一直在网络可伸缩性问题和更新失败的情况下挣扎，这使投资者的信心抑制了。历史数据表明，以太坊的合并后，以太坊的贬值加速了，多次失败的网络升级将ETH供应推高了高于前合并水平。

The Ethereum Foundation attempted to regain control by shuffling leadership in February, but investor sentiment remains low following the disappointing Pectra and Hoodi updates.

以太坊基金会试图通过2月份的领导力来重新获得控制权，但令人失望的Pectra和Hoodi更新后，投资者的情绪仍然很低。

For context, Ethereum DeFi’s total value locked (TVL) stood at $118 billion on February 19.

在上下文中，2月19日，以太坊Defi的总价值锁定（TVL）为1,180亿美元。

But according to DefiLlama data on March 19, that figure has now plunged to $89 billion, indicating a $29 billion capital outflow—25% of the total deposits within Ethereum’s DeFi ecosystem.

但是，根据3月19日的Defillama数据，该数字现已跌至890亿美元，表明资本流出了290亿美元，占以太坊Defi生态系统中总存款的25％。

This aligns with ETH’s 30% price decline, further cementing Bitcoin’s dominance as the BTC/ETH trading ratio reached new highs.

这与ETH的30％的价格下降相吻合，随着BTC/ETH交易率达到新高点，比特币的统治地位进一步巩固了比特币的统治地位。

What’s Next For ETH Price?

ETH价格的下一步是什么？

The $29 billion drop in Ethereum’s DeFi TVL, along with ongoing scalability struggles ahead of the Fed rate decision, point towards bearish risks for ETH price.

以太坊的Defi TVL下降了290亿美元，以及在美联储率决策之前持续的可伸缩性斗争，指向看跌的ETH价格风险。

With liquidity drying up from the DeFi ecosystem, ETH coins previously locked in smart contracts are trickling into the short-term market supply.

随着流动性从Defi生态系统枯竭，以前锁定智能合约的ETH硬币正在渗入短期市场供应。

If the capital outflows persist, it could put further downward pressure on ETH, potentially testing the $1,500 support zone.

如果资本流出持续存在，它可能会对ETH造成进一步的向下压力，可能会测试1,500美元的支持区。

Moreover, with Bitcoin’s dominance increasing, ETH price may lose more market share in the near term, especially if the U.S. Fed's rate decision on Wednesday falls short of expectations.

此外，随着比特币的统治地位的提高，ETH价格可能会在短期内失去更多的市场份额，尤其是如果美国美联储周三的税率决定不足。

Ethereum price forecast signals lean neutral as it consolidates at $1,941 after a prolonged downtrend, with key technical indicators signaling potential volatility ahead.

以太坊价格预测信号是中性的，因为它在长期下降趋势延长之后巩固了1,941美元，关键的技术指标表明了潜在的波动性。

The 50-day Exponential Moving Average (EMA) at $2,413 and the 100-day EMA at $2,695 suggest a bearish trend, while the 200-day EMA at $2,851 indicates long-term resistance.

50天的指数移动平均值（EMA）为2,413美元，100天EMA为2,695美元，表明了看跌趋势，而200天EMA为2,851美元表示长期阻力。

Ethereum remains significantly below these moving averages, highlighting ongoing selling pressure. However, a bullish reversal could emerge if buyers regain momentum above short-term resistance levels.

以太坊仍然显着低于这些移动平均值，突出了正在进行的销售压力。但是，如果买家在短期抵抗水平上恢复势头，则看涨的逆转可能会出现。

The Bearish Balance Power (BBP) indicator at -107.25 indicates that sellers have dominated price action, impacting a downward move over the past month.

看跌平衡功率（BBP）指标在-107.25表示卖方主导了价格行动，影响了过去一个月的下降。

Recent price action shows a series of lower highs and lower lows, confirming the bearish market structure. Nonetheless, decreasing volume on red candles implies that selling momentum may be weakening, leaving room for a potential relief rally.

最近的价格动作显示了一系列较低的高潮和较低的低点，证实了看跌的市场结构。尽管如此，红色蜡烛的体积减少意味着销售动量可能正在减弱，为潜在的缓解集会留出了空间。

A breakout above $2,100 could trigger a short squeeze, forcing bears to cover positions, which might result in a rapid ascent toward $2,400-$2,500 before an ultimate correction.

超过$ 2,100的突破可能会引发短暂的挤压，迫使熊覆盖位置，这可能会在最终更正之前迅速上升到2,400- $ 2,500。

If the U.S. Federal Reserve’s rate decision on Wednesday sparks a positive market reaction, Ethereum could quickly rise above $2,100, invalidating the bearish outlook and exposing short sellers to significant liquidations.

如果美国美联储周三的税率决定引发了积极的市场反应，那么以太坊可能会迅速上升到2100美元以上，使看跌前景无效，并使卖空者暴露于大量清算中。

However, failure to reclaim this level could lead to another retest of $1,700-$1,500, continuing the current downtrend.

但是，未能恢复此水平可能会导致1,700-1,500美元的再次重新估算，从而持续了当前的下降趋势。