在过去一周中，以太坊价格下降了10％，目前正在测试关键的支持水平，然后进行重大的ETH鲸鱼抛售

尽管如此，一些市场分析师认为，ETH将很快开始超越比特币。受欢迎的分析师迈克尔·范德·波普（Michael van de Poppe）表示，由于黄金表现出升高的迹象，Altcoins很快就会开始增强动力。

Ethereum price has dropped by 10% over the past week and is now testing crucial support levels following a heavy ETH whale selloff.

在过去一周中，以太坊价格下跌了10％，现在正在测试重大的ETH鲸鱼抛售后的关键支持水平。

While ETH has bounced back from the support of $1,800, analysts are weighing in on how low it can go further from here.

尽管ETH从1,800美元的支持中反弹了，但分析师正在权衡它从这里走得更远。

Some analysts believe that the largest altcoin is currently facing a make-or-break scenario.

一些分析师认为，目前最大的Altcoin正在面临制造或破坏场景。

Ethereum Price – A Do or Die For Investors?

以太坊价格 - 为投资者而死？

With a 44% drop since the beginning of 2025, Ethereum price has been lagging behind and is strongly in a bearish grip. The monthly chart reveals that ETH has been trading inside a well-defined channel since 2018, with clear ‘Top Level’ and ‘Bottom Level’ boundaries.

自2025年初以来下降了44％，以太坊的价格一直落后，并且强烈抓住了看跌。每月图表表明，自2018年以来，ETH一直在定义明确的渠道内进行交易，并具有清晰的“最高水平”和“底层”边界。

The price is currently testing what analysts have labeled the ‘Make or Break Level’ – a mid-channel resistance zone that has historically determined significant price movements. As we can see from the above image, ETH is trading in a critical support range.

价格目前正在测试哪些分析师标记为“品牌或打破水平”的价格，这是一个中频道阻力区，历史上已经确定了重大的价格变动。从上图中可以看到，ETH正在关键支持范围内交易。

If the ETH price bounces from here, the road to $20,000 and above is open for the altcoin. However, if it fails to hold this support, it can also crash under $1,000 levels, all the way to $610.

如果ETH价格从这里弹跳，则替补币将开放至20,000美元及以上的道路。但是，如果它无法持有此支持，它也可能在1,000美元以下崩溃，一直至610美元。

For the first time in history, Ethereum has ended all three months of Q1, in negative territory.

以太坊首次在负面的领土上结束了第1季度的三个月。

According to analysts, Q2 would be better. Our Ethereum price prediction shows that ETH would continue to flirt around $1,880 levels over the next month.

根据分析师的说法，第二季度会更好。我们的以太坊价格预测表明，在下个月，ETH将继续调情约1,880美元。

“$ETH just had the worst Q1 in history.

“ $ eth只是历史上最糟糕的第一季度。

Q2 is where it all turns around!”

Q2就是一切转身！”

ETH Whale Selloff

ETH鲸鱼抛售

Crypto analyst Ali Martinez reported a 63.8% decline in Ethereum whale activity, with large transactions dropping significantly since February 25.

加密分析师阿里·马丁内斯（Ali Martinez）报告说，以太坊鲸鱼活动下降了63.8％，自2月25日以来，大型交易大幅下降。

Over the past two weeks, whales have sold 760,000 ETH, signaling reduced institutional or large-holder participation in the network.

在过去的两个星期中，鲸鱼已经出售了760,000张ETH，信号减少了机构或大型持有人的参与。

However, some market analysts believe that ETH will soon start outperforming Bitcoin. Popular analyst Michael van de Poppe stated that altcoins will soon start gaining momentum as Gold shows signs of topping out.

但是，一些市场分析师认为，ETH将很快开始超越比特币。受欢迎的分析师迈克尔·范德·波普（Michael van de Poppe）表示，由于黄金表现出升高的迹象，Altcoins很快就会开始增强动力。

“If Gold starts to correct in this month, likely ETH starts to outperform Bitcoin,” noted Poppe.

Poppe指出：“如果本月黄金开始纠正，那么ETH可能会开始胜过比特币。”

Ethereum ETF Flows Dry Up

以太坊ETF流干

Inflows into spot Ethereum ETFs have also dried up amid poor price performance. The net inflows since its inception have slipped to $2.497 billion, showing waning interest in the asset class. This is down from the peak of $3.042 billion on February 25.

在价格较差的情况下，流入现状的以太坊ETF也已经干燥。自成立以来的净流入已下跌至24.97亿美元，显示出对资产类别的兴趣。这比2月25日的30.42亿美元的高峰降低了。

Experts say that Ethereum’s struggles can be partly attributed to its lack of leadership and lagging innovation in the Web3 space. The upcoming Pectra upgrade, which is designed to improve wallet functionality and network efficiency, is tentatively planned for April 30, 2025, according to core developers.

专家说，以太坊的斗争可以部分归因于其在Web3领域缺乏领导力和落后的创新。根据核心开发人员的说法，即将进行的Pectra升级旨在提高钱包功能和网络效率，旨在于2025年4月30日暂定计划。