Ether ETFS湧動，比特幣搖擺：ETH臨近是迫在眉睫嗎？

以太ETF主要在流出，而比特幣面對流出。這是由機構需求和供應量減少的推動的重大ETH突破的開始嗎？

Ether ETFs Surge, Bitcoin Wobbles: Is an ETH Breakout Imminent?

Ether ETFS湧動，比特幣搖擺：ETH臨近是迫在眉睫嗎？

The crypto world is buzzing! Ether ETFs are stealing the show, racking up massive inflows, while Bitcoin is seeing a bit of a pullback. Could this be the moment for Ethereum to truly shine?

加密世界正在嗡嗡作響！ Ether ETF正在竊取節目，大量流入，而比特幣有點回調。這可能是以太坊真正發光的時刻嗎？

Ether ETFs: The New Darling of Institutional Investors

以太ETF：機構投資者的新寵兒

Spot Ether ETFs are on a tear. They've recorded 13 consecutive days of inflows, raking in a whopping $4 billion since July 2nd, according to SoSoValue data. BlackRock’s iShares Ethereum Trust (ETHA) is leading the charge, with over $10 billion in assets. That's some serious institutional love!

斑點ETF在眼淚中。根據Sosovalue數據，他們已經連續13天記錄了13天的流入，自7月2日以來的收入高達40億美元。貝萊德（Blackrock）的iShares以太坊信託基金（ETHA）領導了這一指控，資產超過100億美元。那是一些嚴肅的機構愛！

What's driving this demand? Vincent Liu, chief investment officer at Kronos Research, points to falling Bitcoin dominance and a growing appetite for ETH exposure. As liquidity deepens and macro conditions remain favorable, this trend is likely to continue.

是什麼推動了這一需求？ Kronos Research首席投資官Vincent Liu指出，比特幣的優勢下降，對ETH曝光的需求日益增長。隨著流動性加深和宏觀條件仍然有利，這種趨勢可能會持續下去。

Bitcoin's Brief Outflow Interlude

比特幣的簡短流出插曲

While Ether ETFs are soaring, Bitcoin ETFs experienced a hiccup, posting a net outflow of $67.93 million on Tuesday. This pullback followed a strong run earlier in July, with inflows exceeding $1 billion on both July 10th and 11th. Is this a sign of trouble for Bitcoin, or just a temporary breather?

儘管Ether ETF飆升，但比特幣ETF經歷了打ic，週二發布了6793萬美元的淨流出。這種回調是在7月初進行的強勁運行之後，7月10日和11日的流入量超過10億美元。這是比特幣的麻煩跡象，還是只是臨時喘息的跡象？

ETH Breakout on the Horizon?

ETH突破即將到來？

Matt Hougan, chief investment officer at Bitwise, notes that Ethereum ETPs are still significantly underweight compared to Bitcoin ETPs. He predicts that companies adding ETH to their balance sheets, combined with ETP demand, could create demand for $20 billion worth of ETH over the next year. This demand could outpace supply almost sevenfold, potentially driving the price of ETH significantly higher. Moreover, technical analysis from late July 2025 suggested a bullish descending triangle forming on the 4-hour timeframe, signaling potential upward movement with a target of $4,832 if a breakout is confirmed.

Bitwise首席投資官Matt Hougan指出，與比特幣ETP相比，以太坊ETP仍然體重不足。他預測，將ETH添加到資產負債表中，再加上ETP的需求，可能會在明年對價值200億美元的ETH的需求產生需求。這種需求可能會超過幾乎七倍的供應，可能會使ETH的價格明顯更高。此外，從2025年7月下旬開始的技術分析表明，在4小時的時間範圍內形成一個看漲的下降三角形，如果確認突破，則在目標上向上移動，目標為4,832美元。

Altcoin Season: Is It Finally Here?

Altcoin季節：終於來了嗎？

The Altcoin Season Index is signaling a potential shift. While Bitcoin remains strong, altcoins like Stellar, Cardano, and Ripple have shown significant gains. This suggests that the market is starting to rotate towards altcoins, with Ethereum leading the pack.

AltCoin季節指數表明潛在的轉變。儘管比特幣保持強大，但諸如Stellar，Cardano和Ripple等替代幣表現出了巨大的收益。這表明市場開始向Altcoins旋轉，以太坊領先。

BlockDAG: A Potential Dark Horse?

阻止者：潛在的黑馬？

While Ethereum and Bitcoin dominate the headlines, BlockDAG is making waves with its presale, having raised over $333.5 million. They are also launching a $2 million USDT raffle. For those looking for high-risk, high-reward opportunities, BlockDAG could be one to watch.

儘管以太坊和比特幣在頭條新聞中占主導地位，但Blockdag卻在預售中揮舞著，籌集了超過3.335億美元。他們還發起了200萬美元的USDT抽獎活動。對於那些尋求高風險，高獎勵機會的人來說，Blockdag可能是一個值得關注的人。

The Takeaway

外賣

Ether ETFs are on fire, driven by institutional demand and a potentially shrinking supply. While Bitcoin is taking a breather, the overall outlook for crypto remains bullish. Whether you're a seasoned trader or just dipping your toes in the water, now's the time to pay attention. Keep an eye on those charts, and maybe, just maybe, get ready for an ETH breakout!

以太ETF著火，受機構需求和潛在供應量的驅動。當比特幣喘口氣時，加密貨幣的總體前景仍然看漲。無論您是經驗豐富的商人還是只是將腳趾浸入水中，現在是時候注意了。請密切注意這些圖表，也許，也許，為ETH突破做好準備！

So, buckle up, crypto enthusiasts! It looks like things are about to get interesting. And remember, always do your own research before making any investment decisions. Now, if you'll excuse me, I'm off to check my own portfolio... maybe it's time to add a little more ETH!

因此，搭扣，加密愛好者！看起來事情將變得有趣。請記住，在做出任何投資決策之前，請始終進行自己的研究。現在，如果您能原諒我，我要去檢查自己的投資組合...也許是時候添加更多的ETH了！