以太坊（ETH）用于宏突破，作为罕见月表信号的汇合

加密战略家凯文（@kev_capital_ta）在他的最新宏观技术分析中为以太坊（ETH）标记了一个潜在的关键时刻（ETH），认为稀有的每月图表信号（几年都没有看到），可能会为耐用的Altable Altable Altable Altcoin Expformance奠定基础。

In a recent macro-technical analysis, crypto strategist Kevin (@Kev_Capital_TA) highlighted a potentially pivotal moment for Ethereum (ETH) as several rare monthly chart signals, some not seen in years, could be setting the stage for durable altcoin outperformance.

在最近的宏观技术分析中，加密战略家凯文（@kev_capital_ta）强调了以太坊（ETH）的潜在关键时刻，因为几个罕见的每月图表信号，有些在几年中未见，可能是耐用的altable Altcoin Eltperformance的阶段。

In his analysis, Kevin focused on a specific setup in Ethereum that occurs when the price experiences a large demand candle, typically a green candlestick, following a period of correction. This candle signals a strong shift in market demand.

在他的分析中，凯文（Kevin）专注于以太坊中的特定设置，这种设置发生在一段时间后，当价格经历了大量需求蜡烛，通常是绿色的烛台。这种蜡烛标志着市场需求发生了巨大变化。

According to Kevin, Ethereum formed such a candle in May after nearly a year of sideways movement and five months of drawdown. Historically, these candles have kicked off significant uptrends. He provided examples of similar structures in 2016, 2018, and during the COVID-19 crash in 2020, all of which were followed by multi-month rallies.

根据凯文（Kevin）的说法，以太坊在横向运动近一年和五个月的缩减后，在五月形成了这样的蜡烛。从历史上看，这些蜡烛启动了重大的上升趋势。他在2016年，2018年以及2020年的Covid-19崩溃期间提供了类似结构的例子，所有这些崩溃之后都是多个月的集会。

"This may be the most textbook demand candle we've ever had," he stated. "The last time we saw something like this was before ETH ran for nearly a year with barely any major correction."

他说：“这可能是我们有史以来最多的教科书蜡烛。” “我们上次看到这样的事情是在Eth跑了将近一年之前，几乎没有任何重大更正。”

The candle analysis is further supported by the synchronized bullish turn in several technical indicators. The Market Cipher momentum wave has clipped into the oversold zone and printed a confirmed green dot buy signal.

在几个技术指标中，同步的看涨转弯进一步支持了蜡烛分析。市场密码动量波已经夹在超售区域，并打印出确认的绿色点买信号。

Simultaneously, the VWAP, or volume-weighted average price, has crossed above the zero line, and money flow has started to trend upward.

同时，VWAP或体积加权的平均价格已经超过零线，货币流量开始向上趋势。

"Let me tell you something: this is a big deal," Kevin emphasized.

“让我告诉你一些事情：这很重要，”凯文强调。

On the other hand, the monthly RSI, currently at 51, has yet to reach the 70 level, which usually marks the onset of parabolic price action for ETH.

另一方面，目前为51岁的每月RSI尚未达到70级，这通常标志着ETH的抛物线价格行动的发作。

According to Kevin, "ETH has never even broken 70 this cycle. You haven't seen what's possible yet for Ethereum—or for altcoins in general. You've seen nothing yet."

凯文（Kevin）说：“ ETH甚至从未打破过70个周期。您还没有看到以太坊的可能性，或者对Altcoins的总体而言。您还没有看到任何东西。”

He also highlighted the return of whale accumulation, measured through a proprietary "whale money flow" indicator, which shows a V-shaped bottom and turning point for ETH.

他还强调了通过专有的“鲸鱼货币流”指标来衡量鲸鱼积累的回归，该指标显示了ETH的V型底部和转弯点。

After selling positions for over a year, from March 2024 to May 2025, whale flows are now returning, indicating a renewed interest in ETH at higher price levels.

从2024年3月到2025年5月，在销售一年多的职位后，鲸鱼流正在返回，表明ETH对ETH的重新兴趣在较高的价格水平下。

"We are now starting to see accumulation durably here," Kevin said. "You keep hearing that BlackRock is buying ETH, and I don't know if that's reflected in this indicator, but we are definitely seeing whale activity occur on the monthly time frame."

凯文说：“我们现在开始在这里持久地积累。” “您一直听到贝莱德正在购买ETH，我不知道这是否反映在此指标中，但是我们肯定会在每月的时间范围内看到鲸鱼活动。”

The analyst went further, showing that Ethereum's stock RSI on the monthly timeframe has not only bottomed out but is now rebounding sharply—a pattern that typically precedes long-duration uptrends.

分析师进一步走了，表明以太坊在每月时间范围内的股票RSI不仅触底了，而且现在正在急剧反弹，这种模式通常是在长期上升上升趋势之前。

"This is aggressive movement," Kevin explained, adding that for confirmation, the RSI still needs to cross the 20 level, but emphasized that the current shape of the rebound is stronger than in previous cycles.

凯文（Kevin）解释说：“这是激进的运动。”为了确认，RSI仍然需要越过20级，但强调反弹的当前形状比以前的周期更强。

Another key piece of the puzzle is Ethereum's dominance chart, which tracks ETH's market cap relative to the rest of the crypto space excluding Bitcoin.

难题的另一个关键部分是以太坊的优势图表，该图表跟踪ETH的市值相对于比特币的其他加密货币空间的其余部分。

Kevin pointed to a potential double bottom on the monthly chart and a newly confirmed MACD momentum shift, the first in over two years.

凯文（Kevin）指出，每月图表上有潜在的双重底层，并获得了新确认的MACD动量转变，这是两年来的第一次。

"That's two years and one month of downtrend finally reversing," he said.

他说：“那是两年零一个月的下降趋势终于扭转了。”

Finally, the ETH/BTC pair is showing a near-identical structure to Ethereum's dominance chart, which Kevin believes highlights a critical confluence.

最后，ETH/BTC对展示了以太坊的主导图表几乎相同的结构，凯文认为这突出了一个关键的融合。

"Look at that—wow, that's funny—it looks the same. You find your major low right where you found it in 2020. The monthly indicators are all curling up."

“看看这一点 - 哇，这很有趣 - 看起来一样。您在2020年发现的地方找到了主要的低点。每月指示都在curl缩。”

However, Kevin remained cautious, emphasizing the importance of macroeconomic conditions, particularly monetary policy, for confirming the bullish case.

但是，凯文仍然谨慎，强调了宏观经济条件，尤其是货币政策的重要性，以确认看涨案件。

"It's going to take some monetary policy shifting. We still need inflation to come in line. But the market is living four to six months ahead. If the market starts to sniff out that easing is coming, we'll see that reflected in asset prices before it happens."

“这将需要一些货币政策的转移。我们仍然需要通货膨胀才能排队。但是，市场正在居住四到六个月。如果市场开始闻到宽松的情况，我们将看到资产价格发生之前会反映在其发生之前。”

Referencing cycle theory and historical post-halving performance, Kevin argued that ETH's recent relative strength fits both narratives.

引用周期理论和历史后的绩效，凯文（Kevin）认为，ETH最近的相对力量符合这两种叙述。

"Typically, ETH and altcoins start to out-perform Bitcoin in the post-halving year. We're half-way through that window—and it looks like it's finally starting."

“通常，ETH和Altcoins在后期的一年开始超越比特币。我们已经穿越了该窗口的一半 - 而且看起来它终于开始了。”

Looking ahead, he sees Ethereum as the "major key" that unlocks broad altcoin outperformance.

展望未来，他认为以太坊是释放宽阔的Altcoin效果的“主要钥匙”。

"ETH opens the door to soaking up market cap, which will then leak down into mid-caps and small-caps. Everything starts with ETH."

“ Eth为浸泡市值打开了大门，然后将其泄漏成中盖和小帽子。一切都始于ETH。”

While urging patience, Kevin concluded with optimism.

在敦促耐心的同时，凯文充满乐观的结论。

"The monthly time-frame indicators have never been more historically on our side. I think we're on the verge of something really big."

“每月的时间框架指标从来都不是我们身边的。我认为我们正处于真正的大事的边缘。”