以太坊已经上演了引人注目的复出，超过$ 2,700

以太坊已经进行了引人注目的复出，自2月23日以来首次超过2700美元。这在短短六天内就达到了49％的收益。

Ethereum price has shot up above the $2,700 mark for the first time since February 23, marking a 49% gain in just six days.

自2月23日以来，以太坊的价格首次上涨了$ 2,700的成绩，在短短六天内增长了49％。

On-chain analytics platform Santiment has highlighted a twist in the tale. According to the platform, the price action of ETH began accelerating at the same time as sentiment on social media hit its all-time low.

链上的分析平台santiment突出了这个故事的转折。根据该平台，ETH的价格动作开始在社交媒体上的情感同时加速。

After teasing the token’s lack of move in recent times, traders turned around and began seeing entry points as bullish once more, a full turnaround from public sentiment.

在取笑令牌近来缺乏动作后，交易者转过身来，开始再次将入口点视为看涨，这是公众情绪的全部转变。

Ethereum’s climb is no stranger to sudden leaps that are fueled more by sentiment and network excitement rather than rigorous fundamentals, which is usually the case in bear markets. This time around, however, the underlying forces are perhaps more robust.

以太坊的攀登对突然的飞跃并不陌生，而这种突然飞跃是由于情感和网络兴奋而不是严格的基本原理，这通常是在熊市中的这种情况。然而，这次的基础力量也许更强大。

Ethereum remains the DeFi and NFT infrastructure leader, with its Layer-2 infrastructure growing exponentially.

以太坊仍然是Defi和NFT基础设施的领导者，其2层基础设施呈指数增长。

While the general altcoin market has had fleeting moments of glory, Ethereum’s sustained utility is the basis for more enduring price movements.

尽管一般的Altcoin市场已经短暂地获得了荣耀的时光，但以太坊的持续效用是更持久的价格变动的基础。

Social sentiments from Santiment show a drastic change. A week back, all the discussion around ETH used to be negative based on relative underperformance against memecoins and other popular assets.

Santiment的社交情感显示出巨大的变化。一周前，基于针对成员和其他流行资产的相对表现不佳，所有有关ETH的讨论曾经是负面的。

However, price targets surged shortly after the May 8 rally, and most retail traders now look forward towards a $3,500 range. These dynamics are a reflection of the unstable nature of crypto sentiment, particularly among retail traders dealing in a high-reward, high-risk environment.

但是，价格目标在5月8日集会后不久飙升，大多数零售商人现在期待3500美元的价格。这些动态反映了加密情绪的不稳定性质，尤其是在零售商人中，他们在高回报，高风险的环境中。

From ‘Flippening’ Dreams to Present-Day Momentum

从“倾斜”的梦想到当今的势头

Ethereum’s recent uptrend has sparked debate over its long-term potential relative to Bitcoin. Back in 2016–2017, there used to be the notion of a “flippening” that saw Ethereum overtaking Bitcoin on the market cap list because of its vast potential and active developer community.

以太坊最近的上升趋势引发了有关其长期潜力相对于比特币的争论。早在2016年至2017年，曾经有一个“翻转”的概念，该概念使以太坊在市值上超过比特币，因为它具有巨大的潜力和积极的开发者社区。

Although that scenario never occurred, the debate that it engendered is one still valid today. Technological flexibility keeps driving ETH’s status as not simply virtual currency.

尽管这种情况从未发生过，但是今天引起的辩论今天仍然有效。技术灵活性将不仅仅是虚拟货币推动ETH的地位。

Since Bitcoin is the clear leader as a store of value, Ethereum’s status as an infrastructure layer for decentralized applications makes it indispensable within the Web3 ecosystem.

由于比特币是价值存储的明确领导者，因此以太坊作为分散应用程序的基础架构层的状态使其在Web3生态系统中必不可少。

Currently, the market cap of ETH is still roughly half of that of Bitcoin, but the current price surge has fueled speculation as to how much that differential might decrease if the current momentum is sustained throughout the month of May.

目前，ETH的市值仍然大约是比特币的一半，但是目前的价格涨幅激发了人们猜测，如果当前的势头在整个月份持续下去，那么差异可能会减少多少。

Ethereum Eyes $3K As Transaction Costs Hit Six-Month Low

以太坊的眼睛$ 3K，交易成本达到六个月低点

Another driver of Ethereum’s recent uptrend is the low transaction fee. The average fee is now $0.84, a significant improvement from the $7+ average six months prior.

以太坊最近上升趋势的另一个驱动力是低交易费用。现在的平均费用为0.84美元，比六个月前的7美元以上的平均费用显着提高。

Lower fees are attracting more network activity with little of the bottlenecks that crop up with bull runs. If fees stay low, Ethereum might continue attracting retail interest with little immediate correction.

较低的费用吸引了更多的网络活动，而几乎没有牛的瓶颈。如果费用保持较低，以太坊可能会继续吸引零售利息，而几乎立即更正。

However, a note of warning is appropriate. The 30-day MVRV ratio has risen to +32.5%, way ahead of the +15% threshold generally used as the starting point of overheating.

但是，警告说明是适当的。 30天的MVRV比率已上升至 +32.5％，高于通常用作过热起点的 +15％阈值。

Though this does not indicate a top, it certainly hints at an impending slow-down or short-term plateau. Nevertheless, with Bitcoin potentially looking towards a dip into $110K, Ethereum’s way towards breaking above $3,000 once more might not be far off.

尽管这并不表示顶部，但它肯定暗示了即将进行的缓慢下降或短期高原。然而，随着比特币有可能倾向于跌入11万美元，以太坊又要赚取超过3,000美元的方式可能并不遥不可及。