在看跌浪潮中，以太坊面临即将突破 3,000 美元支撑位

以太坊的看跌情绪加剧，引发人们对跌破 3000 美元支撑区域的担忧。尽管指标表明存在潜在的买入机会，但投资者应考虑汽油费下降、未平仓合约下降以及休眠流通量激增，这些都表明进一步抛售的可能性很高。

Ethereum Faces Potential Breach of $3,000 Support amid Bearish Sentiment

在看跌情绪中，以太坊可能面临突破 3,000 美元支撑位的风险

Financial Metrics Signal Caution for Investors

财务指标向投资者发出警告信号

Ethereum's [ETH] value has recently encountered a strengthening bearish sentiment, raising concerns among investors. Analysis by Santiment, a blockchain data analytics firm, indicates a surge in negative sentiment surrounding both Bitcoin [BTC] and Ethereum, particularly ahead of the recent halving event.

以太坊的[ETH]价值最近遭遇了看跌情绪的加强，引发了投资者的担忧。区块链数据分析公司 Santiment 的分析表明，围绕比特币 [BTC] 和以太坊的负面情绪激增，尤其是在最近的减半事件之前。

Despite a temporary positive shift in social media engagement on April 18th, when BTC rallied to $64.1k and ETH to $3,094, broader market sentiment remains cautious. AMBCrypto's assessment of key financial metrics further supports this bearish outlook, cautioning investors against premature buying decisions.

尽管 4 月 18 日，社交媒体参与度出现了暂时的积极转变，比特币升至 6.41 万美元，以太坊升至 3,094 美元，但更广泛的市场情绪仍然保持谨慎。 AMBCrypto 对关键财务指标的评估进一步支持了这种看跌前景，警告投资者不要过早做出购买决定。

Decline in Gas Fees Raises Concerns

天然气费下降引发担忧

Open Interest (OI), a measure of outstanding futures contracts, has plummeted significantly for Ethereum in the past ten days. From a peak of $7 billion on April 9th (when Ethereum was valued at $3638), OI has dropped to $4.6 billion at the time of writing (with Ethereum at $2997).

以太坊的未平仓合约（OI）是衡量未平仓期货合约的指标，在​​过去十天里大幅下跌。从 4 月 9 日的峰值 70 亿美元（当时以太坊估值为 3638 美元）开始，OI 已降至撰写本文时的 46 亿美元（当时以太坊估值为 2997 美元）。

This sharp decline in OI suggests a lack of bullish conviction and a reluctance among speculators to take long positions. The 1-day Relative Strength Index (RSI) has also remained below the neutral 50 level for most of March and April, indicating that sellers have maintained momentum.

OI 的急剧下降表明投机者缺乏看涨信念并且不愿持有多头头寸。 3 月和 4 月的大部分时间里，1 天相对强弱指数 (RSI) 也保持在中性 50 水平以下，表明卖家保持势头。

Furthermore, average transaction fees on the Ethereum network have been in steep decline. While this may be beneficial for users, it also points to a potential drop in demand for transactions on the blockchain.

此外，以太坊网络的平均交易费用急剧下降。虽然这可能对用户有利，但它也表明区块链上的交易需求可能会下降。

Mixed Signals for Buying Opportunity

买入机会的混合信号

The $3,000 price point, a significant psychological support zone, would have presented an ideal buying opportunity a month ago. However, current market conditions may warrant a more cautious approach.

3,000 美元的价格点是一个重要的心理支撑区域，在一个月前可能是一个理想的买入机会。然而，当前的市场状况可能需要采取更加谨慎的态度。

The 90-day Market Value to Realized Value (MVRV) ratio was below zero at the time of writing, indicating that Ethereum was undervalued and holders were at a loss. This suggests a potential buying opportunity.

截至撰写本文时，90 天市值与已实现价值 (MVRV) 比率低于零，表明以太坊被低估且持有者处于亏损状态。这表明存在潜在的买入机会。

However, the mean coin age has been trending steadily higher for the past three weeks. This metric measures the average age of ETH held in wallets and signals that investors are holding their tokens for longer. The combination of a low MVRV ratio and a rising mean coin age generally indicates a favorable time to purchase an asset.

然而，过去三周，平均硬币年龄一直呈稳步上升趋势。该指标衡量钱包中持有的 ETH 的平均年龄，并表明投资者持有其代币的时间更长。较低的 MVRV 比率和不断上升的平均币龄通常表明是购买资产的有利时机。

Caution Advised Amid Potential Sell-Off

潜在抛售中建议谨慎

Nonetheless, a significant spike in dormant circulation on April 18th highlighted a flurry of token movements. This activity could potentially foreshadow a wave of selling pressure. Furthermore, Bitcoin was teetering on the edge of the $61k support zone at the time of writing, adding to market uncertainty.

尽管如此，4 月 18 日休眠流通量的大幅飙升凸显了代币的一系列波动。这一活动可能预示着一波抛售压力。此外，在撰写本文时，比特币在 6.1 万美元支撑区的边缘摇摇欲坠，增加了市场的不确定性。

Investors are advised to exercise patience and prudence in making investment decisions. The likelihood of further sell-offs remains elevated, and the possibility of another month or two of consolidation in the wake of recent market exuberance is high.

请投资者保持耐心、审慎做出投资决策。进一步抛售的可能性仍然很高，并且在近期市场繁荣之后再出现一两个月盘整的可能性很高。