以太坊有两个主要支持中心略低于当前价格

市场情报平台 IntoTheBlock 揭示了以太坊如何建立强大的链上需求区，使其维持在 4,000 美元以上。

Market intelligence platform IntoTheBlock has unveiled how Ethereum has established strong on-chain demand zones that are expected to sustain its price above $4,000.

市场情报平台 IntoTheBlock 公布了以太坊如何建立强大的链上需求区，预计将其价格维持在 4,000 美元以上。

In a recent post on X, IntoTheBlock analyzes the on-chain demand zones for Ethereum. The analytics firm shares a chart that showcases the supply last purchased by investors at price ranges close to ETH's current spot price.

在最近关于 X 的一篇文章中，IntoTheBlock 分析了以太坊的链上需求区域。该分析公司分享了一张图表，显示了投资者最后以接近 ETH 当前现货价格的价格购买的供应量。

According to the chart, the price ranges ahead of ETH's current price have only small dots, indicating that not much of the supply was last bought at those levels.

根据图表，ETH 当前价格之前的价格范围只有小点，表明最后在这些水平上购买的供应量并不多。

However, the story differs for the price ranges below, with the $3,772 to $3,892 and $3,892 to $4,011 ranges specifically hosting the cost basis of a significant number of addresses. In total, investors purchased 7.2 million ETH (worth nearly $28.4 billion at the current exchange rate) at these levels.

然而，以下价格范围的情况有所不同，3,772 美元至 3,892 美元和 3,892 美元至 4,011 美元范围专门托管大量地址的成本基础。投资者在此水平上总共购买了 720 万枚 ETH（按当前汇率计算价值近 284 亿美元）。

Demand zones play a crucial role in on-chain analysis due to the typical patterns of investor psychology. For each holder, their cost basis serves as an important level, making them more inclined to take action during a retest.

由于投资者心理的典型模式，需求区在链上分析中发挥着至关重要的作用。对于每个持有者来说，他们的成本基础是一个重要的水平，使他们更倾向于在重新测试期间采取行动。

When this retest occurs from above (indicating that the investor was in profit prior to it), they might decide to purchase more, anticipating that the level will prove profitable again in the near future. Conversely, investors who were in loss just before the retest may fear another decline, leading them to sell at their break-even point.

当这种重新测试从上方发生时（表明投资者在此之前已经盈利），他们可能会决定购买更多，预计该水平将在不久的将来再次盈利。相反，在重新测试之前亏损的投资者可能担心再次下跌，从而导致他们在盈亏平衡点卖出。

While these effects are negligible when only a handful of investors are involved in the buying and selling, they can lead to noticeable fluctuations when a large number of holders are impacted.

虽然当只有少数投资者参与买卖时，这些影响可以忽略不计，但当大量持有者受到影响时，它们可能会导致明显的波动。

The aforementioned price ranges satisfy this condition, suggesting that if Ethereum retests them, it could trigger a substantial buying response in the market, ultimately providing support for the cryptocurrency.

上述价格范围满足这一条件，这表明如果以太坊重新测试它们，可能会引发市场的大幅购买反应，最终为加密货币提供支撑。

Over the past day, Ethereum has briefly dipped into this zone, and it now remains to be seen whether the high demand will propel the coin back above $4,000.

在过去的一天里，以太坊曾短暂跌入该区域，目前高需求是否会推动该币重返 4,000 美元上方还有待观察。

In other news, the Ethereum Exchange Netflow has remained negative since the beginning of this month, IntoTheBlock highlights in another X post.

其他消息方面，IntoTheBlock 在另一篇 X 帖子中强调，自本月初以来，以太坊交易所净流量一直为负值。

The Exchange Netflow is an on-chain indicator that tracks the net amount of Ethereum flowing into or out of the wallets linked to centralized exchanges. “Over 400k ETH have flowed out since December 1st, suggesting a trend of accumulation,” the analytics firm notes.

交易所净流量是一个链上指标，用于跟踪流入或流出与中心化交易所相关的钱包的以太坊净额。该分析公司指出：“自 12 月 1 日以来，已有超过 40 万 ETH 流出，表明存在积累趋势。”

ETH Price at the Time of Writing

撰写本文时的 ETH 价格

At the time of writing, Ethereum is trading around $3,950, up 10% over the last week.

截至撰写本文时，以太坊交易价格约为 3,950 美元，较上周上涨 10%。