以太坊（ETH）在2025年2月下降了33％

以太坊價格在周五的2,200美元中關閉交易，2025年2月收盤，虧損33％。鏈上數據表明以太坊ETF對市場下降的影響

Ethereum (ETH) price closed the month of February 2025 with 33% losses as on-chain data suggests that Ethereum ETFs could see further downward pressure.

以太坊（ETH）價格在2025年2月收盤，損失為33％，因為鏈接數據表明以太坊ETF可以看到進一步的下降壓力。

The cryptocurrency market saw major altcoins like XRP and Solana gain momentum.

加密貨幣市場看到了XRP和Solana獲得的主要山寨幣。

On-chain data suggests that traders could be rotating out of ETH ETFs in anticipation of fresh altcoin ETF approvals.

鏈上的數據表明，通過預期新鮮的Altcoin ETF批准，交易者可能會從ETH ETF中旋轉。

Ethereum experienced significant selling pressure throughout February, reflecting a broader bearish sentiment in financial markets.

以太坊在整個2月份經歷了巨大的銷售壓力，反映了金融市場上的更廣泛的看跌情緒。

While major altcoins like XRP and Solana have seen some gains following progress in their respective ETF filings, traders appear to be largely losing interest in ETH.

儘管XRP和Solana之類的主要山寨幣在其各自的ETF申請中的進展中獲得了一些收益，但交易者似乎在很大程度上失去了對ETH的興趣。

The chart above shows that ETH price is set to close February with a 33% loss.

上圖顯示，ETH價格定為2月，虧損33％。

The post-market movements indicate that the sellers quickly returned after a brief respite on Friday, March 1.

市場後的運動表明，賣方在3月1日星期五的短暫喘息之後迅速返回。

The price tumbled from $2,800 on Monday to close near $2,220 on Friday.

價格從周一的2,800美元跌至週五收於2,220美元。

The closing price also represents a 7.7% decrease from the previous week, where it opened at $2,400.

收盤價比上週下降7.7％，開盤價為2,400美元。

The sustained selling pressure on Ethereum ETFs has seen institutional investors pull over $300 million in the past seven trading days.

持續的以太坊ETF的銷售壓力使機構投資者在過去的七個交易日中累積了3億美元。

The selling spree, which began last week, has now extended into this week.

上週開始的銷售狂潮現已延長到本週。

According to Fairdside data, February 26 saw the largest single-day withdrawal at $94.3 million.

根據Fairdside的數據，2月26日，最大的單日撤軍為9430萬美元。

The preceding days also recorded heavy selling:

前幾天還記錄了大量銷售：

The past week saw no ETF inflows, making it the first week in 2025 where Ethereum ETFs saw only outflows.

在過去的一周中，沒有ETF流入，這是2025年以太坊ETF僅出現流出的第一周。

This trend suggests that institutional investors are either reallocating capital or hedging against further downside risk in ETH.

這一趨勢表明，機構投資者要么重新集結資本，要么是對應於ETH的進一步下行風險。

The persistent selling pressure aligns with Ethereum’s sharp price decline.

持續的銷售壓力與以太坊的急劇價格下跌保持一致。

The asset is set to close the month with a 33% loss, while this week alone saw a 22% drop in ETH price.

資產定於本月結束，虧損33％，而僅本週的ETH價格下跌了22％。

Analysts attribute the downturn to macroeconomic uncertainty and a shifting focus toward alternative crypto ETFs.

分析師將低迷歸因於宏觀經濟不確定性，而轉移的重點則歸因於替代加密ETF。

Rival Layer-1 altcoin projects such as Litecoin and Solana have gained momentum. Bitwise has filed for an Aptos ETF, while CME Group is moving forward with Solana futures ETFs.

競爭對手1 Litecoin和Solana等競爭對手1 Altcoin項目已獲得動力。 Bitwise已申請了Aptos ETF，而CME組則以Solana Futures ETF向前發展。

With Polymarket odds suggesting a 90% chance of LTC ETF approval, capital rotation away from Ethereum appears to be accelerating.

由於多個賠率表明LTC ETF批准的機會有90％，因此從以太坊旋轉的資本旋轉似乎正在加速。

Unless ETH sees renewed institutional interest, continued ETF redemptions could reinforce its bearish trend in the coming weeks.

除非ETH看到重新恢復機構的利益，否則ETF持續的贖回可能會在未來幾週內加強其看跌趨勢。

Investors Eye Alcoin ETFs Amid Ethereum Uncertainty

投資者眼睛Alcoin ETF和以太坊不確定性

The wave of Ethereum ETF outflows comes as other cryptocurrency ETFs continue to gain traction.

以太坊ETF流出的浪潮隨著其他加密貨幣ETF繼續獲得牽引力而出現。

Recent SEC filings indicate that Litecoin (LTC) and Solana (SOL) ETFs could be approved soon.

最近的SEC文件表明，Litecoin（LTC）和Solana（Sol）ETF可以很快獲得批准。

Key developments include:

主要發展包括：

These developments suggest that traders could be rotating capital out of Ethereum ETFs and into emerging crypto ETFs.

這些事態發展表明，交易者可以將資本從以太坊ETF中旋轉，並進入新興的加密ETF。

The Final Day of February Saw a Small Net Inflow into ETH ETPs

2月的最後一天看到了一個小的淨流入ETH ETP

Data from Glassnode shows that the crypto market saw a surprising shift in institutional sentiment on Friday, February 28, as major altcoins experienced unexpected selling pressure.

GlassNode的數據表明，加密貨幣市場在2月28日星期五的機構情緒發生了令人驚訝的轉變，因為Altcoins主要的Altcoins經歷了意外的銷售壓力。

Despite the broader market downturn, which saw inflows into crypto ETPs totaling $128 million over the past seven days, the narrative took an interesting turn.

儘管在過去的七天中，市場流入了更廣泛的市場經濟下滑，它流入了總計1.28億美元的加密ETP，但敘述還是一個有趣的轉變。

While the narrative surrounding the crypto market in February 2025 has largely focused on institutional outflows from Ethereum ETFs, the latest data from Glassnode reveals a small net inflow into ETPs.

雖然2025年2月圍繞加密市場的敘述主要集中在以太坊ETF的機構流出上，但GlassNode的最新數據揭示了向ETP的淨流入。

This trend aligns with the broader market narrative, which saw a preference for equities over bonds.

這種趨勢與更廣泛的市場敘述相吻合，該敘事偏愛股票而不是債券。

However, the past week has seen a slight shift, with inflows into crypto ETPs outpacing those into equities.

但是，過去一周的轉變略有變化，流入加密ETP的流入將這些ETP超過股票。

The selling pressure on major altcoins like MATIC, LINK, and ADA was unexpected, considering the recent progress made by Solana and Litecoin in their respective ETF filings.

考慮到Solana和Litecoin在各自的ETF文件中取得的進展，諸如Matic，Link和ADA等主要山台的銷售壓力是出乎意料的。

This development could indicate that traders are preparing for a shift in focus, moving away from Layer-1 altcoins and pivoting toward Layer-1 ETF approvals.

這一發展可能表明，交易者正在準備轉變重點，從1層高度幣轉移到旋轉1層ETF批准。

The coming weeks will be crucial in observing whether ETH price can regain upward momentum or if capital rotation into alternative crypto ETFs will persist.

接下來的幾週對於觀察ETH價格是否可以恢復向上勢頭或資本旋轉到替代加密ETF將持續存在至關重要。

Ethereum Price Forecast: Bulls Face Deeper Correction Risks If $2,200 Support Caves

以太坊價格預測：如果2200美元的支援洞穴，公牛會面臨更深的更正風險

Technical Analysis

技術分析

Relative Strength Index (RSI) oversold

相對強度指數（RSI）超賣

Donchian Channel lower band suggests strong selling pressure

Donchian Channel Lower Band表明強大的銷售壓力

Lack of strong rebound despite oversold RSI implies bearish momentum

儘管超出了RSI意味著看跌勢頭，但缺乏強勁的反彈

Minor accumulation at $2,200 offers potential support

$ 2,200的次要積累提供潛在的支持

The broader crypto market is showing signs of fatigue as the recent rally stalls.

作為最近的集會攤位，更廣泛的加密貨幣市場表現出疲勞的跡象。

The rally encountered strong resistance at the 200-week moving average, which could be setting the stage for a deeper correction.

這次拉力賽在200週的移動平均線上遇到了強烈的阻力，這可能為更深入的校正奠定了基礎。

The Relative Strength Index (RSI) on the weekly chart also suggests that buyers are losing steam.

每週圖表上的相對強度指數（RSI）也表明買家正在失去蒸汽。

The RSI has pulled back from overbought territory and is now trading below the 70 level.

RSI已從超買的領土上退縮，現在交易低於70級。

This setback in bullish momentum could foreshadow further weakness in the market.

在看漲的勢頭中，這種挫折可以預示市場上的進一步弱點。

If the bulls fail to defend the $2,200 zone

如果公牛沒有捍衛2200美元的區域