以太坊相对于比特币的下滑引发市场对加密货币修正的担忧

Ethereum's Decline Against Bitcoin Raises Concerns Amidst Crypto Market Correction

以太坊相对于比特币的下跌引发了加密货币市场调整的担忧

Ethereum (ETH), the second-largest cryptocurrency, has experienced a significant drop in value against its leading rival, Bitcoin (BTC), signaling a potential shift in market dynamics. This decline comes amidst a broader sell-off in the cryptocurrency market, which has seen the price of Bitcoin and other major cryptocurrencies fall in recent days.

第二大加密货币以太坊（ETH）相对于其主要竞争对手比特币（BTC）的价值大幅下跌，这表明市场动态可能发生变化。此次下跌是在加密货币市场出现更广泛的抛售之际发生的，最近几天比特币和其他主要加密货币的价格下跌。

Data from TradingView indicates that the ETH/BTC ratio has fallen below 0.05, marking a crucial technical support level that has been intact since 2021. The last time the ratio traded at such a low level was in January 2022, following a brief crypto market sell-off after the launch of Bitcoin exchange-traded funds (ETFs).

TradingView 的数据显示，ETH/BTC 比率已跌破 0.05，这是自 2021 年以来一直完好无损的关键技术支撑位。该比率上次处于如此低的水平是在 2022 年 1 月，当时加密货币市场短暂抛售- 比特币交易所交易基金（ETF）推出后关闭。

The current ETH/BTC ratio is also reminiscent of the period in April 2021, when Ethereum experienced a surge in value. Shortly after this surge, the ETH/BTC ratio climbed to 0.078 within a month.

目前的 ETH/BTC 比率也让人想起 2021 年 4 月时期，当时以太坊经历了价值飙升。在这次飙升后不久，ETH/BTC 比率在一个月内攀升至 0.078。

Since mid-March 2022, Ethereum has been steadily losing ground to Bitcoin, with the decline coinciding with Bitcoin reaching an all-time high of over $73,000. Subsequently, both Bitcoin and Ethereum have traded within a relatively narrow range as inflows into Bitcoin spot ETFs have slowed.

Since mid-March 2022, Ethereum has been steadily losing ground to Bitcoin, with the decline coinciding with Bitcoin reaching an all-time high of over $73,000. Subsequently, both Bitcoin and Ethereum have traded within a relatively narrow range as inflows into Bitcoin spot ETFs have slowed.

The recent market correction has seen Bitcoin decline from $71,200 to $65,300, while Ethereum has dropped from $3,600 to $3,250. Notably, Galaxy Digital Head of Research Alex Thorn has expressed concerns that the ETH/BTC ratio may not have reached its bottom for the year.

最近的市场调整使比特币从 71,200 美元跌至 65,300 美元，而以太坊则从 3,600 美元跌至 3,250 美元。值得注意的是，Galaxy Digital 研究主管 Alex Thorn 表示担心 ETH/BTC 比率可能尚未触底。

Thorn cited the upcoming Bitcoin halving event, which reduces the amount of Bitcoin rewarded to miners by half, as a potential catalyst for Bitcoin's resurgence. Conversely, he views the potential denial of Ethereum ETFs as a bearish sign for the cryptocurrency.

索恩引用了即将到来的比特币减半事件，该事件将奖励给矿工的比特币数量减少一半，这是比特币复苏的潜在催化剂。相反，他认为以太坊 ETF 的潜在拒绝是加密货币的看跌信号。

"There've been some bumps here and there, but the trend is clear and intact at the moment," Thorn stated in a tweet on Wednesday.

索恩在周三的一条推文中表示：“这里那里出现了一些坎坷，但目前的趋势是清晰且完整的。”

The decline in Ethereum's value against Bitcoin raises questions about the health of the cryptocurrency market and the long-term prospects of Ethereum. While the market correction may be a temporary setback, it underscores the volatility inherent in cryptocurrencies and the need for investors to proceed with caution.

以太坊相对于比特币的价值下跌引发了人们对加密货币市场健康状况和以太坊长期前景的质疑。虽然市场调整可能是暂时的挫折，但它强调了加密货币固有的波动性以及投资者谨慎行事的必要性。