Tron创始人贾斯汀·孙（Justin Sun）问加密社区，以太坊发生了什么事

特隆（Tron）创始人贾斯汀·孙

Justin Sun, the founder of cryptocurrency Tron, took to social media on Monday to ask the crypto community what is happening to Ethereum, as liquidations hit $2.1 billion in the last two weeks.

加密货币TRON的创始人贾斯汀·孙（Justin Sun）周一去社交媒体询问了加密货币社区，以太坊发生了什么事，因为过去两周的清算率达到了21亿美元。

As the network struggles with high-leverage trading issues, Sun highlighted how any losses would be passed on to decentralized finance protocols operating on the blockchain.

随着网络与高杠杆交易问题的斗争，Sun强调了如何将任何损失传递给在区块链上运行的分散财务协议。

However, a glance at the broader market trends shows that while crypto liquidations have been significant, they are not entirely unexpected given the strong rally in 2024.

但是，浏览更广泛的市场趋势表明，尽管加密货币清算量很大，但考虑到2024年强烈的集会，它们并不是完全出乎意料的。

What is happening to Ethereum?

以太坊发生了什么？

As of Thursday's early Asian trading session, ETH was valued at $1,880, a 51.63% decline over the past three months, when it clocked $3,888 during the December bull run.

截至周四举行的亚洲交易会，ETH的价值为1,880美元，在过去三个月中下降了51.63％，而在12月的公牛运行期间的时钟为3,888美元。

Bears have driven the crypto down 30.6% in the last 30 days and nearly 18% in the past week, according to CoinGecko.

据Coingecko称，在过去30天中，熊将加密货币降低了30.6％，在过去一周中降低了近18％。

After Sun asked about what is happening to ETH, one crypto trader replied that the network has struggled to sustain meaningful transaction growth since its 2017 peak.

在Sun询问ETH发生了什么事后，一位加密货币交易员回答说，自2017年高峰以来，该网络一直在努力维持有意义的交易增长。

Moreover, the trader, who is also the founder of artificial intelligence crypto finance system PostFiat, Alexander, added that it also failed to become deflationary when transitioning from a proof-of-work (PoW) to a proof-of-stake (PoS) model.

此外，这位交易者也是人工智能加密财务系统的创始人亚历山大补充说，当从工作证明（POW）过渡到销售证明（POS）模型时，它也未能成为放气。

He also noted that the most actively used parts of the blockchain, such as Arbitrum (ARB) and Base, are either highly inflationary or centralized.

他还指出，区块链中最积极使用的部分，例如仲裁（ARB）和基础，是高充值或集中式的。

"So begs the question…. What is the point of the chain to which the answer is: the same thing as every other blockchain. To move tether about and to ‘store value’ Pretty depressing tbh.”

“所以提出问题……。答案是什么是什么：与其他区块链相同。要移动束缚并'商店价值''''''''''''''''''。

Earlier this month, CryptoQuant CEO Ki Young Ju shared a chart that showed the record selling pressure on Ethereum over the past three months.

本月初，CryptoQuant首席执行官Ki Young Ju分享了一张图表，显示了过去三个月对以太坊的唱片销售压力。

On-chain data revealed that $1.8 billion worth of ETH exited exchanges last week, the largest outflows since December 2022.

链上的数据显示，上周价值18亿美元的ETH退出交易所，这是自2022年12月以来最大的外流。

According to the chart, the last time ETH had a 30-day positive moving average was on February 26, when Bitcoin’s price was stumbling towards $82,000. The coin’s 24-hour Coinbase premium index has also been trending in the red for the past seven days, spelling weakening buying pressures from US traders.

根据图表的数据，ETH上一次在2月26日的平均值为30天，当时比特币的价格跌至82,000美元。在过去的7天中，硬币的24小时Coinbase Premium指数也一直在红色中流行，拼写为美国贸易商的购买压力减弱。

Ethereum’s trading volume has plummeted by 38.17% to $36.82 billion, and open interest (OI) in futures has also dropped by 2.61% to $18.05 billion, suggesting there are more traders exiting positions than opening new ones.

以太坊的交易量下降了38.17％，达到368.2亿美元，期货的开放利息（OI）也下降了2.61％，至180.5亿美元，这表明，退出职位的交易者比开设新职位更多。

CryptoQuant data also shows that options volume has declined by 7.43% to $663.71 million, but options open interest is up 2.17% to $5.77 billion, showing there is a rising demand for longer-term derivatives positions as traders wait to see where ETH’s price will go.

加密数据还表明，期权量的量下降了7.43％，至6.637亿美元，但期权开放利息上升了2.17％，至57.7亿美元，这表明，随着交易者等待查看ETH的价格将在哪里转移，人们对长期衍生品职位的需求不断上升。

Will Ethereum recover?

以太坊会恢复吗？

Ethereum’s price action as of now looks largely bearish; bulls are slowly ceding control to market bears, dragging the crypto’s price further down. In the past 24 hours, ETH futures liquidations reached $43.12 million, according to CoinGlass.

到目前为止，以太坊的价格动作看上去很少。公牛慢慢地将控制权割让给市场熊，将加密货币的价格进一步降低。根据Coinglass的数据，在过去的24小时内，ETH Futures清算量达到4,312万美元。

Of this total, $26.94 million were long liquidations, while $16.18 million came from shorts, indicating a market lacking clear direction.

在这一总数中，有2694万美元的清算时间为2694万美元，而1618万美元来自短裤，这表明市场缺乏明确的方向。

Analysts have outlined two possible scenarios for Ethereum’s next move. A bearish breakdown could see ETH fall below the $1,440 threshold, potentially triggering further declines toward the $1,000 mark. On the other hand, a recovery above resistance levels near $1,960 could help the coin garner some positive momentum, with a possible push toward $2,200.

分析师概述了以太坊的下一步行动的两个可能的方案。看跌的崩溃可能会使ETH降至1,440美元的门槛以下，这可能会触发$ 1,000的进一步下降。另一方面，超过1,960美元的电阻水平的恢复可以帮助硬币获得一些积极的动力，并可能推向2200美元。

Technical indicators like the Relative Strength Index (RSI) at 32.1 and Stochastic Oscillator (Stoch) at 25.1 are nearing oversold territory, adding to the bearish momentum. A failure to hold above the $1,750 psychological support zone may increase selling pressure, while a daily close below $1,700 could invalidate any consolidation attempts, accelerating the downward trend.

诸如32.1处的相对强度指数（RSI）和25.1处的随机振荡器（Stoch）之类的技术指标正接近超售区域，增加了看跌势头。未能超过1,750美元的心理支持区可能会增加销售压力，而每天关闭1,700美元的销售压力可能会使任何合并尝试无效，从而加速了下降趋势。

One trader on social media has spotted a historical ETH 3-year Stochastic RSI trend, which dictates that oversold levels preceded the start of an upward price rally.

一位社交媒体上的一位交易者发现了一个历史性的ETH 3年随机RSI趋势，该趋势决定了在上升价格集会开始之前的超卖水平。

HISTORIC ETH SIGNAL TRIGGERED!

触发了历史性的ETH信号！

Ethereum’s 3-year Stochastic RSI hits oversold levels.

以太坊的3年随机RSI达到了超售水平。

Every time this happened, a massive rally followed! pic.twitter.com/XZdtIw5OL7

每次发生这种情况时，都会发生大规模的集会！ pic.twitter.com/xzdtiw5ol7

— Ben (Crypto Ben) (@CryptoBen_) March 14, 2024

- Ben（crypto ben）（@cryptoben_）2024年3月14日

Still, the prediction was dismissed by

尽管如此，该预测仍被