尽管比特币占据主导地位，但以太坊（ETH）仍显示出价格大幅上涨的强大潜力

根据 IntoTheBlock 数据，以太坊历来在比特币上涨后表现出强劲的价格表现，受益于利润轮换。

On-chain data is presenting a mixed picture for Ethereum, offering both bullish and bearish signals as the second-largest cryptocurrency positions itself for a potential breakout.

链上数据显示以太坊的情况好坏参半，提供了看涨和看跌信号，因为第二大加密货币为潜在的突破做好了准备。

As highlighted by IntoTheBlock data, Ethereum has a history of benefiting from price surges following Bitcoin rallies, thanks to traders rotating their profits. However, several key metrics offer nuanced insights, adding complexity to ETH’s outlook.

正如 IntoTheBlock 数据所强调的那样，由于交易者将利润轮换，以太坊历来受益于比特币上涨后的价格飙升。然而，几个关键指标提供了细致入微的见解，增加了 ETH 前景的复杂性。

Breaking down the on-chain activity, we can observe a slight increase in daily transactions on the Ethereum network. Currently, an average of 1.22 million transactions are being processed each day, compared to 1.1 million three months ago.

细分链上活动，我们可以观察到以太坊网络上的每日交易略有增加。目前，平均每天处理 122 万笔交易，而三个月前为 110 万笔。

This gradual rise in transaction volume indicates growing activity, albeit to a lesser extent than during previous bull markets. Nonetheless, the volumes are steadily climbing, suggesting sustained interest from institutions and large ETH holders.

交易量的逐渐增加表明活动不断增长，尽管程度低于之前的牛市期间。尽管如此，交易量仍在稳步攀升，表明机构和大型 ETH 持有者的持续兴趣。

Interestingly, the data reveals that large holders, or whales, are accumulating ETH, which bodes well for the second-largest cryptocurrency. This accumulation activity suggests a reduction in potential selling pressure from whales.

有趣的是，数据显示，大户或鲸鱼正在积累 ETH，这对第二大加密货币来说是个好兆头。这种积累活动表明鲸鱼的潜在抛售压力有所减少。

However, it's worth noting that the creation of new Ethereum addresses remains lower than during previous bull markets, which could be attributed to the rise of Layer 2 solutions like Base.

然而，值得注意的是，以太坊新地址的创建量仍然低于之前牛市期间的水平，这可能归因于 Base 等 Layer 2 解决方案的崛起。

While these solutions enhance scalability, they still rely on Ethereum as their settlement layer, ensuring a continued demand for ETH.

虽然这些解决方案增强了可扩展性，但它们仍然依赖以太坊作为结算层，确保对 ETH 的持续需求。

Now, let's shift our attention to key indicators that are signaling Ethereum's potential for a breakout.

现在，让我们将注意力转向表明以太坊突破潜力的关键指标。

Several metrics are pointing towards ETH’s readiness for a potential breakout. Exchange flows, for instance, show a decrease in inflows, suggesting minimal selling pressure as investors are opting for long-term storage on hardware wallets or other custodians.

多项指标都表明 ETH 已做好潜在突破的准备。例如，交易流量显示流入量减少，这表明抛售压力很小，因为投资者选择在硬件钱包或其他托管机构上进行长期存储。

Furthermore, short-term holders are increasing, indicating growing retail interest. This aligns with the narrative of retail traders returning to the market following the recent downturn and showing a preference for ETH over BTC.

此外，短期持有者正在增加，表明散户兴趣不断增长。这与零售交易者在最近的低迷之后重返市场并表现出对 ETH 而非 BTC 的偏好的说法是一致的。

Meanwhile, the holding time of transacted coins, a crucial metric for long-term price performance, remains high. This suggests that long-term holders are not selling, keeping the supply constrained and setting the stage for potential price appreciation.

与此同时，交易代币的持有时间（长期价格表现的关键指标）仍然很高。这表明长期持有者不会出售，从而导致供应受到限制，并为潜在的价格上涨奠定了基础。

Finally, it's important to note that the information provided in this article is solely for educational and informational purposes and does not constitute financial advice.

最后，需要注意的是，本文中提供的信息仅用于教育和信息目的，并不构成财务建议。

Before making any investment decision, it's crucial to conduct thorough research, consult with a qualified financial advisor, and consider your own risk tolerance and financial situation.

在做出任何投资决定之前，进行彻底的研究、咨询合格的财务顾问并考虑您自己的风险承受能力和财务状况至关重要。