以太坊（ETH）閃爍賣出信號，因為MVRV比率顯示了短期持有人的盈利能力的上升

以太坊（ETH）已將賣出信號閃爍，因為實現價值（MVRV）的市場價值顯示了短期持有人的盈利能力的上升。

The price of Ethereum (ETH) may come under pressure as an indicator known as the Market Value to Realized Value (MVRV) flashed a sell signal. The 60-day MVRV shows that short-term holders are in significant profit, but as the risk of profit-taking increases, there is a chance that ETH could slip below the $2,410 support.

以太坊（ETH）的價格可能會受到壓力，作為稱為實現價值（MVRV）市場價值的指標（MVRV）閃爍了賣出信號。 60天的MVRV表明，短期持有人的利潤可觀，但是隨著獲利的風險增加，ETH可能會低於2,410美元的支持。

According to the 60-day MVRV chart, the 60-day realized value is widening with the 180-day realized value. At the time of writing, the 60-day MVRV is at 8.26%, which shows that short-term holders are sitting on massive gains.

根據60天的MVRV圖表，隨著180天實現的價值，60天實現的價值正在擴大。在撰寫本文時，60天的MVRV為8.26％，這表明短期持有人正處於巨大的收益。

However, the 180-day MVRV stands at 0.65, a sign that mid-term holders are still out-of-the-money. The widening spread between short-term and long-term holders began in late April and coincides with strong Ethereum price gains amid rising ETF inflows.

但是，180天的MVRV為0.65，這表明中期持有人仍然是無價的。短期持有人和長期持有人之間的擴大差異始於4月下旬，在ETF流入越來越多的情況下，以太坊價格上漲的幅度強勁。

The 60-day MVRV also crossed above the 180-day, which signals that traders who bought in the last 60 days are outperforming long-term holders. This occurrence usually highlights FOMO from traders who quickly joined the rally.

60天的MVRV也超過了180天，這表明在過去60天內購買的交易者表現優於長期持有人。這種情況通常突出了迅速加入集會的交易者的FOMO。

But despite the breakout from a 30-day consolidation range, there is still a risk of profit-taking, which may trigger short-term pullbacks. Mid-term holders that have held ETH for the last 180 days may sell as the MVRV flipped positive. It had been negative between February and May 2025.

但是，儘管從30天的整合範圍內進行了突破，但仍有獲利的風險，這可能會觸發短期回調。在過去180天中持有ETH的中期持有人可能會出售，因為MVRV傾斜了正面。在2月至2025年5月之間是負面的。

The likelihood of profit-taking increases further as the Network Realized Profit/Loss records slight spikes within the positive region. This shows that some traders may be selling to book profits.

隨著網絡在積極區域內略微尖峰，獲利的可能性進一步增加。這表明一些交易者可能正在出售預訂利潤。

The high short-term holder profitability and the recent spikes in realized profits are bearish signs that could see Ethereum price pull back.

短期持有人的盈利能力和最近實現的利潤的最新峰值是看跌的跡象，可以看到以太坊價格撤回。

As the risk of profit-taking increases, there is a possibility that Ethereum price could fall below the $2,410 support level. ETH is only 13% above this support as it trades at $2,739 at the time of press.

隨著獲利風險的增加，以太坊價格可能會低於2,410美元的支持水平。 ETH在新聞發佈時的交易價格僅比此支持率高13％。

If there is no bullish catalyst to aid the same rally witnessed between April and May, then ETH may breach this support and increase the likelihood of a downtrend to $2,000. Moreover, the AO histogram bars show that the bullish sentiment is growing weak, and this could see Ethereum price fail to defend the $2,410 support level and enter a downtrend.

如果沒有看漲的催化劑來幫助4月至5月之間的同一集會，那麼ETH可能會違反這種支持並將下降趨勢的可能性增加到2,000美元。此外，AO直方圖桿表明，看漲的情緒越來越弱，這可能會使以太坊價格無法捍衛2,410美元的支持水平並進入下降趨勢。

However, three chart patterns explain why ETH may rally to $4,000 despite the ongoing correction. If another rally commences, it may decrease the risk of profit-taking and avoid a drop below $2,410.

但是，儘管進行了持續的更正，但三個圖表模式解釋了為什麼ETH可能會漲到4,000美元。如果另一個集會開始，它可能會降低獲利的風險，並避免下降到2,410美元以下。