在過去的兩個星期中，以太坊（ETH）飆升了40％以上

在過去的兩個星期中，以太坊（ETH）飆升了40％以上，在寫作時的交易範圍為2,000美元。

This news article on Benzinga provides an interesting perspective on the Ethereum (ETH) rally, highlighting the role of spot market demand in the recent price surge.

這篇有關Benzinga的新聞文章提供了有關以太坊（ETH）集會的有趣觀點，強調了現貨市場需求在最近的價格上漲中的作用。

The article mentions that ETH has risen more than 40% in the past two weeks, trading in the mid-$2,000 range. However, despite this significant rally and the massive liquidations that occurred during the crypto market downturn, which began in early 2022, funding rates for ETH have remained ‘relatively flat.’

文章提到，ETH在過去兩周中已上漲了40％以上，在2,000美元中的交易範圍內。然而，儘管在加密貨幣市場下滑期間發生了大量的集會以及始於2022年初的大規模清算，但ETH的資金率仍然“相對平坦”。

This finding, observed by CryptoQuant analyst ShayanMarkets, may indicate that the current momentum in the ETH market is driven mainly by spot market demand rather than leveraged trading.

加密分析師Shayanmarkets觀察到的這一發現可能表明，ETH市場的當前勢頭主要由現貨市場需求而不是槓桿交易驅動。

This finding is an encouraging sign that could bode well for the sustainability of the ongoing bull run.

這一發現是一個令人鼓舞的跡象，可以很好地為正在進行的公牛奔跑的可持續性兆頭。

ETH Funding Rates Remain Flat Amid Rally, Suggesting Upward Action Is Being Driven By Genuine Buying In The Spot Market- CryptoQuant

ETH資金率在集會中保持平坦，表明在現貨市場上真正購買的驅動驅動的行動 -

During the past year, ETH has largely lagged behind other major cryptocurrencies, including Bitcoin (BTC), Solana (SOL), and XRP. Yet, recent data suggest that ETH is now showing signs of an organic uptrend.

在過去的一年中，ETH在很大程度上落後於其他主要的加密貨幣，包括比特幣（BTC），Solana（Sol）（Sol）和XRP。然而，最近的數據表明，ETH現在顯示出有機上升趨勢的跡象。

After lagging behind other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP for much of the past year, ETH is now showing signs of an organic uptrend. According to CryptoQuant analyst ShayanMarkets, the current momentum appears to be primarily spot-driven, rather than fueled by speculative futures trading.

在過去的大部分時間裡，ETH落後於比特幣（BTC），Solana（Sol）和XRP等其他主要加密貨幣之後，ETH現在顯示出有機上升趨勢的跡象。據加密分析師Shayanmarkets稱，目前的勢頭似乎主要是聚焦驅動的，而不是由投機期貨交易所推動。

This observation is supported by the fact that ETH funding rates have remained ‘relatively flat’ despite the recent price surge, as highlighted by ShayanMarkets in a recent CryptoQuant Quicktake post.

儘管最近的價格上漲，但儘管最近的價格漲幅，但ETH資金率仍然“相對平坦”，這一事實支持了這一觀察結果。

To elaborate, funding rates are periodic payments exchanged between traders in perpetual futures contracts to keep the contract price aligned with the spot price of the asset. Positive funding rates indicate that long positions are paying shorts, typically signaling bullish market sentiment, while negative rates suggest bearish sentiment.

為了詳細說明，資金率是永久期貨合約中交易者之間交換的定期付款，以使合同價格與資產的現貨價格保持一致。積極的資金率表明，較長的職位正在支付短褲，通常表示看漲的市場情緒，而負率表示看跌。

In the case of Ethereum, flat funding rates during this recent rally indicate that the upward price action is being powered by genuine buying in the spot market, not speculative leverage. This makes the uptrend less prone to sudden reversals triggered by mass liquidations.

就以太坊而言，在最近的集會期間，統一的融資率表明，在現貨市場上的真實購買，而不是投機性槓桿作用，向上的價格行動是為了供電。這使上升趨勢不太容易發生突然的逆轉，這是由質量清算觸發的。

As ShayanMarkets noted, “Still, for the bullish momentum to be sustained and validated, funding rates should begin to rise, reflecting increased confidence and more aggressive positioning by futures traders.”

正如Shayanmarkets所指出的那樣：“儘管如此，為了維持和驗證看漲的動力，資金率應該開始上升，反映了期貨交易者的信心增加和更具侵略性的地位。”

Meanwhile, other analysts predict further upside for ETH. For instance, noted crypto analyst Ali Martinez remarked that if ETH can decisively break through the $2,380 resistance level, then it could enter a new bull rally.

同時，其他分析師預測ETH的進一步上漲。例如，指出的加密分析師阿里·馬丁內斯（Ali Martinez）指出，如果ETH可以果斷地突破2,380美元的電阻水平，那麼它可以進入新的公牛集會。

In his latest X post, Martinez emphasized that ETH’s new critical support range lies between $2,060 and $2,420. Close to 10 million wallets hold more than 69 million ETH between these levels.

馬丁內斯（Martinez）在最新的X帖子中強調，ETH的新關鍵支持系列在2,060美元至2,420美元之間。在這些水平之間，將近1000萬錢包持有超過6900萬個ETH。

New ETH ATH On The Horizon?

新的Eth Ath在地平線上？

Although Ethereum remains well below its all-time high (ATH) of $4,878, which was reached in November 2021, many market watchers believe a new ATH for the second-largest cryptocurrency by market cap could be on the horizon.

儘管以太坊遠低於2021年11月達到的4,878美元（ATH）的歷史最高水平（ATH），但許多市場觀察家認為，按市值劃分的第二大加密貨幣的新ATH可能會出現。

In the same vein, crypto analyst Titan of Crypto recently noted that ETH is following a V-shape recovery. The analyst shared the following weekly chart that compares BTC and ETH price action, predicting that ETH is likely to follow BTC’s trajectory.

同樣，加密貨幣的加密分析師泰坦（Titan）最近指出，ETH正在遵循V形恢復。分析師分享了以下每週圖表，該圖表比較了BTC和ETH價格行動，並預測ETH可能會遵循BTC的軌跡。

Moreover, in a recent interview, Mikkel Venezio, Head of Strategy at Vetti, discussed five bullish factors that could push ETH to $12,000 in 2025. These factors include favorable regulatory developments and strong inflows into spot exchange-traded funds (ETFs).

此外，在最近的一次採訪中，Vetti戰略主管Mikkel Venezio討論了五個看漲的因素，這些因素可能在2025年將ETH提高到12,000美元。這些因素包括有利的監管發展和強勁的流入為現貨交換基金（ETF）。

At press time, ETH trades at $2,555, up 3% in the past 24 hours.

發稿時，ETH的交易價格為2,555美元，在過去24小時內增長了3％。