以太坊价格会重回 4000 美元还是即将跌破 3000 美元？

在过去的几天里，以太坊的价格一直在上涨。这些事件发生之际，交易所的 ETH 流入量增加，而总部位于瑞士的非营利性以太坊基金会专注于推进以太坊 (ETH) 网络的持续抛售。

Ethereum price has been on a downward trend in recent days, with several factors contributing to the bearish pressure. Despite a promising start to 2025, with rising crypto prices, the tables have turned. Now, as ETH struggles to stay above $3,200, traders are left wondering if the bear market will continue.

最近几天，以太坊价格一直呈下跌趋势，有几个因素造成了看跌压力。尽管 2025 年的开局充满希望，但随着加密货币价格的上涨，情况已经发生了逆转。现在，随着 ETH 努力保持在 3,200 美元以上，交易员们不禁怀疑熊市是否会继续。

A closer look at the price chart reveals a concerning sight. Ethereum price has been making red daily candles for the last couple of days. This occurrence is usually a bearish sign, indicating a decrease in price and a potential downtrend. But what could be driving this bearish trend?

仔细观察价格图表就会发现令人担忧的景象。在过去的几天里，以太坊的价格一直在上涨。这种情况通常是看跌信号，表明价格下跌和潜在的下降趋势。但是什么推动了这种看跌趋势呢？

One factor that might be influencing Ethereum price is the rising ETH inflow on exchanges. Typically, when investors are looking to sell their crypto holdings, they transfer them to exchanges. So, an increase in ETH exchange inflows could be suggesting that investors are preparing to sell, which might be putting downward pressure on the price.

可能影响以太坊价格的因素之一是交易所的 ETH 流入量不断增加。通常，当投资者寻求出售其持有的加密货币时，他们会将其转移到交易所。因此，ETH 交易所流入量的增加可能表明投资者正在准备出售，这可能会给价格带来下行压力。

Another occurrence that has been in the spotlight is the continued selling by a Swiss-based non-profit organization dedicated to advancing the Ethereum network. The organization, known as the Ethereum Foundation, is focused on various initiatives related to the network's development and community engagement.

另一个备受关注的事件是一家致力于推进以太坊网络的瑞士非营利组织的持续销售。该组织被称为以太坊基金会，专注于与网络开发和社区参与相关的各种举措。

Recently, the foundation has been making regular ETH sales, which are being carried out by a third party over-the-counter (OTC) desk. In the latest update, the foundation sold 100 ETH on March 15, which were exchanged for 329,463 DAI stablecoins.

最近，该基金会一直在定期进行 ETH 销售，由第三方场外交易 (OTC) 部门进行。在最新的更新中，基金会于 3 月 15 日出售了 100 ETH，兑换了 329,463 DAI 稳定币。

These sales are part of an ongoing strategy by the foundation to diversify its holdings and generate funds for its operations. However, the foundation's selling activity has been closely monitored by the crypto community, as it often precedes price declines.

这些出售是基金会持续战略的一部分，旨在实现资产多元化并为其运营筹集资金。然而，该基金会的销售活动一直受到加密货币社区的密切监控，因为它通常先于价格下跌。

Another factor that might be impacting Ethereum price is the surging US30Y or United States 30-year government bond yields. Bond yields are a crucial indicator of interest rates and the health of the economy. Usually, higher yields make riskier assets, like cryptocurrencies, less appealing.

另一个可能影响以太坊价格的因素是 US30Y 或美国 30 年期政府债券收益率的飙升。债券收益率是利率和经济健康状况的重要指标。通常，较高的收益率会降低加密货币等风险较高的资产的吸引力。

So, as the 30-year government bond yields continue to rise, investors might be shifting their funds away from cryptocurrencies and toward safer assets. This could be contributing to the sell pressure on Ethereum price.

因此，随着 30 年期政府债券收益率持续上升，投资者可能会将资金从加密货币转向更安全的资产。这可能会加剧以太坊价格的抛售压力。