领先的Altcoin在印度市场遇到巨大的销售压力

加密货币市场在4月3日再次展示了其签名波动，以太（Eth）（Eth），以太坊区块链的本地令牌和第二大加密货币

Leading altcoin experiences significant selling pressure in the Indian market.

领先的Altcoin在印度市场遇到巨大的销售压力。

Cryptocurrency prices displayed a substantial shift on April 3, as Ether (ETH) faced a notable decline against the Indian Rupee (INR).

加密货币的价格在4月3日发生了很大的转变，因为Ether（Eth）面临着对印度卢比（INR）的显着下降。

According to data from Binance, Ether was trading at ₹151,233.97 at approximately 2:18 PM (UTC). This represented a 1.48% drop over the last two hours and a change of about ₹2,266.55 from its previous closing value of ₹153,500.52.

根据Binance的数据，Ether的交易价格约为151,233.97，约2:18 PM（UTC）。这在过去两个小时内下降了1.48％，比以前的收盘价153,500.52卢比的更改约为2,266.55卢比。

The decrease occurred after Ether breached key support levels, including the previous day’s close and the ₹152,000 mark. The 1-day price chart highlighted that the initial gains seen in the early hours of the session were completely erased by the time period of the news report as selling pressure mounted.

减少是在以太币违反关键支撑水平（包括前一天结束）和152,000卢比的情况下发生的减少。为期1天的价格表强调，新闻报告的销售压力越来越大，在会议凌晨看到的最初收益完全消除了。

Unpacking the intraday ETH/INR price volatility

解开盘中ETH/INR价格波动

A closer look at the 1-day chart for Ether versus the Indian Rupee revealed a classic "rise and fall" pattern for the session:

仔细观察以太与印度卢比的1天图表揭示了会议的经典“上升和下降”模式：

* Initial bullish surge: The trading day began close to the previous close around the level of ₹153,500. However, strong buying interest emerged in the early UTC hours (before 2:30 AM and continuing shortly after). Ether experienced a rally, pushing above ₹154,000, ₹155,000, and ₹156,000. The chart showed the price actually peaked significantly higher, potentially touching the ₹158,000 resistance level, which highlighted the early optimism.

*最初的看涨激增：交易日开始接近上一个结束时，距离153,500卢比。但是，在UTC的早期（凌晨2:30之前，不久之后持续）出现了强劲的购买兴趣。以太经历了一次集会，推高于₹154,000，155,000卢比和156,000卢比。该图表显示，价格实际上显着高于高峰，可能会触及158,000卢比的电阻水平，这突出了早期乐观。

* Consolidation and waning momentum: After this peak, the upward thrust lost steam. Through the mid-morning hours (around 2:30 AM to 10:30 AM UTC), Ether entered a consolidation phase, trading in a choppy manner mostly above the ₹155,000 level but failing to retest the highs. The price action formed several lower peaks within this range, which signaled that the buying power was being absorbed by increasing selling pressure.

*巩固和减弱的动量：在这个峰值之后，向上推动失去了蒸汽。在早晨中期（左右凌晨2:30至10:30 AM UTC），Ether进入了一个合并阶段，以波涛汹涌的方式进行交易，主要高于155,000卢比，但未能重新测试高点。价格动作在此范围内形成了几个较低的峰值，这表明购买力正在通过增加的销售压力吸收。

* The midday plunge: A decisive shift occurred around the 10:30 AM UTC mark. As selling pressure intensified sharply, triggering a significant breakdown. The price dropped rapidly, falling below the consolidation range support near ₹155,000, sliced through the previous close level at ₹153,500, and continued its descent to move below ₹152,000. The velocity of this drop showed a strong bearish sentiment, possibly amplified by technical factors.

*中午暴跌：UTC标记上午10:30左右发生了决定性的转变。随着销售压力急剧加剧，引发了重大崩溃。价格迅速下降，低于合并范围支持接近155,000卢比，切成薄片的关闭水平为153,500卢比，并继续下降至₹152,000。该下降的速度表现出强烈的看跌感，可能会因技术因素而扩大。

* Testing lower support and minor rebound: The decline extended further, briefly pushing Ether’s price below the psychologically important ₹150,000 level to establish its lowest point for the entire trading session. After hitting this trough, some buyers appeared to enter the market again, providing support. By the time of the data snapshot (2:18 PM UTC), Ether had rebounded slightly from the lows, settling at the observed price of ₹151,233.97. Despite this minor recovery, the price remained substantially lower than its early high and below the crucial previous close level.

*测试较低的支持和较小的反弹：下降进一步延伸，将以太价格的价格推向了至关重要的150,000卢比，以确立整个交易会的最低点。达到这一陷阱后，一些买家似乎再次进入市场，提供支持。到数据快照（UTC下午2:18）时，以太从低点略有反弹，以观察到的价格为₹151,233.97。尽管恢复了较小的恢复，但价格仍然大大低于其早期和低于至关重要的先前关闭水平。

This intraday journey, marked by a failure to hold early gains and a sharp reversal, highlighted the challenges and the need for strategic positioning when engaging with major cryptocurrencies.

这次盘中旅程的特征是未能提前收益和急剧的逆转，强调了与重大加密货币接触时的挑战和战略定位的需求。

Potential factors driving the ETH/INR decline

推动ETH/INR下降的潜在因素

Explaining specific crypto price movements usually involved considering a confluence of factors. Several elements could have contributed to Ether’s decline against the Indian Rupee.

解释特定的加密价格变动通常涉及考虑因素汇合。几个要素可能导致以太币对印度卢比的衰落。

Broad market weakness (Bitcoin correlation): While having its own strong fundamentals, Ether still displayed a high degree of correlation with Bitcoin (BTC). As seen in the market data for the same period, Bitcoin also experienced a decline against the INR. A downturn in Bitcoin, the market’s bellwether, often triggered a broader risk-off sentiment across the crypto space, dragging major altcoins like Ether lower.

广泛的市场弱点（比特币相关性）：在拥有自己的强大基本原理的同时，以太仍然表现出与比特币（BTC）的高度相关性。从同一时期的市场数据中可以看出，比特币也因INR而下降。市场的低迷是市场的底层，通常会引起加密货币空间的更广泛的风险情绪，从而拖延了像Ether Lower这样的主要山寨币。

Profit-taking: The substantial rally in the early hours of the session, pushing towards ₹158,000, created an opportunity for traders who had bought at lower levels to take their profits. As the price struggled to move higher, profit-taking might have intensified, adding to the selling pressure that eventually overwhelmed buyers.

获利：在会议的凌晨，大量集会推向了158,000卢比，为在较低级别购买利润的交易者创造了机会。随着价格努力提高的价格，利润的利润可能会加剧，这增加了最终不堪重负的买家的销售压力。

Technical factors and support breaches: The failure to sustain gains above the ₹156,000-₹158,000 zone could have been seen as a rejection at resistance. More critically, the break below key support levels—the consolidation floor around ₹155,000, the previous close at ₹153,500, and the ₹152,000 mark—might have triggered automated stop-loss orders. These breaches would also have been interpreted as bearish signals by technical analysts, potentially prompting further selling or short positions.

技术因素和支持违规：未能维持超过156,000-158,000卢比的地区的收益被视为抵抗的拒绝。更重要的是，低于关键支持水平的中断（合并地板约155,000卢比，先前的153,500卢比和152,000卢比的收盘价）可能触发了自动停止订单。这些违规行为也将被技术分析师解释为看跌信号，有可能促使进一步的销售或短职位。