以太坊（ETH）价格接近对比特币（BTC）的关键区域，历史上标志着巨大的反弹的开始

以太坊的Ether Ethusd代币正在对阵比特币BTCUSD的关键价格区域，这在历史上标志着大规模反弹的开始。

Ether (ETH) is approaching a critical price zone against Bitcoin (BTC), which in the past marked the beginning of a massive rebound.

Ether（ETH）正在接近针对比特币（BTC）的关键价格区，过去这标志着大量反弹的开始。

The ETH/BTC pair, now trading around 0.019 BTC, is nearing 0.016 BTC - the level it hit in September 2019 before rallying nearly 450% over the following year.

ETH/BTC对现在的交易量约为0.019 BTC，接近0.016 BTC-它在2019年9月达到的水平，随后在接下来的一年中涨到近450％。

The current setup of ETH/BTC bears resemblance to 2019, with both periods characterized by oversold relative strength index (RSI), prolonged periods below key moving averages, and multi-year declines.

当前的ETH/BTC设置与2019年相似，这两个时期的特征是相对强度指数（RSI），延长的时期延长，低于关键的移动平均值和多年下降。

In 2019, ETH/BTC experienced a decline of over 90% over the preceding two years, largely due to the Initial Coin Offering (ICO) collapse.

在2019年，ETH/BTC在前两年中的下降超过90％，这主要是由于初始硬币发行（ICO）崩溃。

As of 2025, the pair has decreased more than 80% from its 2021 peak, encumbered by skepticism towards Ethereum's transition to proof-of-stake (PoS), increasing competition, and Bitcoin's rising presence as an institutional asset.

截至2025年，这对夫妇已经从2021年的峰值下降了80％以上，这是由于对以太坊向二手证明（POS）的过渡，竞争的增加以及比特币作为机构资产的上升存在而引起的。

In response to these concerns, Vitalik Buterin, co-founder of Ethereum, has proposed a new architecture and protocol-wide standards to make Ethereum simpler, faster, and as maintainable as Bitcoin within five years.

为了应对这些问题，以太坊联合创始人Vitalik Buterin提出了一种新的体系结构和范围的标准，以使以太坊在五年内与比特币更简单，更快，可维护。

One analyst described Buterin's proposal as "the most bullish thing for ETH."

一位分析师将Buterin的提议描述为“对ETH最看涨的事”。

These hopes for bullish activity arise as ETH/BTC attempts to break free from its multi-year "bearish parabola." This resistance curve has been instrumental in limiting the pair's attempts at upside movement since December 2021, but it showed signs of exhaustion by May 3.

这些对看涨活动的希望产生了，因为ETH/BTC试图摆脱其多年的“看跌抛物线”。自2021年12月以来，这种电阻曲线一直在限制这对夫妇在上升运动中的尝试，但在5月3日之前显示出疲惫的迹象。

"We might be seeing the end of this bearish parabola," wrote chartist Jimie.

“我们可能会看到这种看跌抛物线的终结，” Chartist Jimie写道。

He added that if the curved resistance holds, then a drop toward 0.016 BTC could be seen - the same level where ETH/BTC bottomed in September 2019 before rallying around 450%.

他补充说，如果弯曲电阻保持稳定，则可以看到朝着0.016 BTC的下降 - 相同的水平，ETH/BTC在2019年9月触底，然后升降约450％。

However, skeptics like Adam Back, pioneer of Bitcoin's proof-of-work, believe Buterin is overlooking deeper design flaws while suggesting to simplify Ethereum in the coming years.

但是，像比特币工作证明的先驱亚当这样的怀疑论者相信，布特林忽略了更深层次的设计缺陷，同时建议在未来几年简化以太坊。

Back criticizes Ethereum's account-based system, deeming it unnecessarily complex compared to Bitcoin's simpler UTXO (unspent transaction output) model. He asserts that this growing complexity increases technical risks and makes Ethereum harder to scale and secure.

Back批评以太坊的基于帐户的系统，与比特币的更简单的UTXO（Untpent Transaction Outper）模型相比，它认为它不必要地复杂。他断言，这种日益增长的复杂性会增加技术风险，并使以太坊难以扩展和安全。

Moreover, Back claims that Ethereum's shift to PoS has concentrated power among insiders by transferring miner rewards to large token holders.

此外，Back声称以太坊向POS的转变通过将矿工的奖励转移到大型代币持有人来使内部人士之间的力量集中。

"At this point, just flush ETH before it hits zero and buy Bitcoin," he wrote, suggesting that no upgrade can rectify what he views as the flawed foundation of Ethereum.

他写道：“在这一点上，只需冲洗智能并购买比特币。”他暗示，没有升级可以纠正他认为他认为是有缺陷的以太坊的基础。