本周，围绕以太坊价格预测的叙述发生了巨大的转变。

美国ETH ETF的总净资产总资产下降了60％。

This week, the narrative surrounding Ethereum price prediction took a sharp turn. There has been a staggering 60% drop in the total net assets of U.S. spot ETH ETFs. As outflows crash, top crypto figure Justin Sun announced he won’t sell his ETH, even as the coin hovers near $1,600. This comes amid continued ETH price decline and broader pressure on altcoin trends. Institutional sentiment is cautious, and technical indicators now point to extended bearish momentum.

本周，围绕以太坊价格预测的叙述发生了巨大的转变。美国ETH ETF的总净资产总资产下降了60％。随着流出崩溃的崩溃，顶级加密货币人物贾斯汀·孙宣布他不会出售他的ETH，即使硬币徘徊在1,600美元左右。这是因为ETH价格下降持续下降和对Altcoin趋势的更大压力。机构情绪是谨慎的，技术指标现在指向延长看跌的动力。

Institutions Dump ETH: Are ETFs Losing Trust?

机构倾倒ETH：ETF是否失去信任？

Ethereum ETFs saw a net outflow of $12.01 million on Wednesday alone. It is part of a larger $909 million bleed since the enforcement of Trump’s tariff policy. These outflows have reduced the total net assets of ETH ETFs. From a December high of $14.28 billion to just $5.25 billion, an over 60% loss. The shift highlights a strong risk-off sentiment among institutions. This is fueling the ETH price decline and shaking confidence across key altcoin trends.

仅周三，以太坊ETF的净流出就有1,201万美元。自执行特朗普的关税政策以来，它是大量9.09亿美元出血的一部分。这些流出减少了ETH ETF的总净资产。从12月的142.8亿美元高点到仅52.5亿美元，亏损超过60％。这种转变突出了机构之间强烈的冒险情绪。这加剧了ETH价格下降和跨越主要的Altcoin趋势的信心。

Major issuers like Fidelity, Grayscale, and Bitwise are now lobbying the SEC to allow staking within their Ethereum ETF products. If approved, this feature could offer investors a 3% yield, potentially reducing the current sell pressure. However, until such changes materialize, bearish momentum may continue to dominate market sentiment.

如今，像Fidelity，Grayscale和Bitwise这样的主要发行人正在游说SEC，以允许在其以太坊ETF产品中积累。如果获得批准，此功能可能会给投资者带来3％的收益率，从而有可能降低当前的卖出压力。但是，在这种变化实现之前，看跌势头可能会继续占据市场情绪。

Will Sun’s ETH Confidence Inspires Whale Reversal?

太阳的信心会激发鲸鱼的逆转吗？

Despite the negative flow, Tron founder Justin Sun remains bullish on Ethereum. In a recent X (formerly Twitter) post, he stated that he has no plans to sell ETH, even at current low prices. This follows reports of significant stETH movements by major players.

尽管流动负面，但特隆的创始人贾斯汀·孙仍然对以太坊看涨。在最近的X（以前是Twitter）帖子中，他说他没有计划出售ETH的计划，即使是目前的低价。这是关于主要参与者大量运动的重大运动的报道。

ETH is currently at a low price, but we have no intention of selling our ETH holdings. Tron will continue to seek opportunities to collaborate with more Ethereum developers and build our industry together.

ETH目前的价格低廉，但我们无意出售我们的ETH Holdings。 Tron将继续寻求与更多以太坊开发人员合作并共同建立我们的行业的机会。

Blockchain analytics from Arkham reveal that one wallet holds over 168,000 stETH, which could belong to Justin Sun himself. Meanwhile, digital asset firm Galaxy Digital reportedly transferred nearly 50,000 ETH to Binance and Coinbase over the past five days. Such contrasting moves reflect the investor outlook amid the ongoing ETH price decline and intensifying altcoin trends.

来自阿卡姆（Arkham）的区块链分析表明，一个钱包占有168,000多个steth，这可能属于贾斯汀·孙本人。同时，据报道，数字资产公司Galaxy Digital在过去五天中将近50,000 ETH转移到了Binance和Coinbase。这种对比的举动反映了投资者在持续的ETH价格下跌并加剧山寨币趋势的情况下的投资者前景。

In a related development, ETH futures saw liquidations totaling $23.1 million in the last 24 hours. Notably, long zones made up over half of this figure, highlighting the strength of the ongoing bearish momentum.

在相关的发展中，ETH Futures在过去24小时内总计2310万美元。值得注意的是，长区构成了这个数字的一​​半，突出了正在进行的看跌动力的力量。

Technical Charts Hint at Ethereum’s Turning Point

技术图表暗示以太坊的转折点

Ethereum has remained in a strong downtrend since December 16. ETH has been caught in a descending channel for over four months, its longest such streak since launch. A potential breakdown below the level could lead to rapid sell-offs. However, a breakout above the upper band might reignite the Ethereum price prediction bullish narrative and push the ETH toward the $2,000 mark.

自12月16日以来，以太坊一直处于强劲的下降趋势中。潜在的细分低于该水平可能会导致快速抛售。但是，上方乐队上方的突破可能会重新点燃以太坊价格预测的叙事，并将ETH推向2,000美元的成绩。

The Relative Strength Index (RSI) is nearing oversold territory, while the Stochastic Oscillator has remained oversold since February. MACD indicators also show weakening bearish momentum. However, these indicate that external catalysts, such as ETF staking approvals or improved macro sentiment, are needed to support a turnaround.

自2月以来，相对强度指数（RSI）接近超卖领土，而随机振荡器一直过分售出。 MACD指标还显示出较弱的看跌动量。但是，这些表明需要外部催化剂，例如ETF积分批准或改善的宏观情绪，以支持周转。

Looking ahead, all eyes are on the SEC’s decision regarding ETH staking. If allowed, it could shift market dynamics and breathe life back into the Ethereum price prediction. Until then, technicals and cautious whale movements will decide short-term price behavior.

展望未来，所有人的目光都集中在SEC关于ETH Staging的决定。如果允许，它可能会改变市场动态，并将生命重新回到以太坊价格预测中。在此之前，技术和谨慎的鲸鱼运动将决定短期价格行为。