标题：四个显示以太坊力量的链链指标

以太坊ETH $ 1 845 24H波动率：2.6％的市值：$ 222.72 B卷。 24小时：周末$ 14.22 B的价格下跌，引起了加密货币社区的担忧，即这是否是集会的结束。

Key Points

关键点

* The Ethereum (ETH) price drop over the weekend has brought up concerns in the crypto community about whether this is the enet rally. However, on-chain metrics show that the Ethereum fundamentals have enough strength to stage a quick recovery moving ahead.

*周末的以太坊（ETH）价格下跌引起了加密货币社区的担忧。但是，链度指标表明，以太坊基本面具有足够的力量，可以快速恢复前进。

* As far as ETH price sustains above the $2,200 support, market analysts believe that the rally remains intact.

*就ETH价格的维持在2200美元的支持以上，市场分析师认为集会仍然完好无损。

* A glance at four on-chain metrics that show Ethereum strength:

*一瞥四个显示以太坊强度的链链指标：

* Ethereum MVRV Momentum Flips Bullish

*以太坊MVRV动量翻转看涨

* Rising ETH Whale Activity

*上升的ETH鲸鱼活动

* ETH Exchange Supply Drops Significantly

* ETH Exchange供应大幅下降

* ETH Pricing Band Shows Strength

*伦理定价乐队显示强度

Four On-Chain Metrics Show Ethereum Strength

四个链度指标显示以太坊的力量

Crypto analyst Ali Martinez has highlighted a key shift in Ethereum’s market dynamics, stating that the MVRV (Market Value to Realized Value) ratio has transitioned from bearish to bullish territory. This development signals growing momentum in favor of Ethereum bulls, setting the stage for further price gains in the near term.

加密分析师阿里·马丁内斯（Ali Martinez）强调了以太坊市场动态的关键转变，指出MVRV（市场价值与已实现价值）比率已经从看跌到看涨领土过渡。这一发展信号标志着增长的动力，支持以太坊公牛，在短期内为进一步的价格上涨奠定了基础。

“The MVRV Ratio has flipped from bearish to bullish, a strong sign that momentum is now favoring the #Ethereum $ETH bulls.”

“ MVRV的比例已经从看跌到看涨，这是一个强烈的信号，即动量现在偏爱#Ethereum $ eth Bulls。”

The MVRV flips bearish to bullish. A strong sign that momentum is now favoring the #Ethereum $ETH bulls.

MVRV翻转看跌以看涨。强烈的迹象表明，动力现在偏爱#Ethereum $ eth Bulls。

Easily explained, MVRV compares an asset’s market value to the average realized value of all coins last touched. When MVRV is low, it indicates that an asset is undervalued, and vice versa.

MVRV很容易解释，将资产的市场价值与上次接触的所有硬币的平均实现价值进行了比较。当MVRV较低时，这表明资产被低估了，反之亦然。

The MVRV Ratio is used to gauge whether an asset is overvalued or undervalued relative to its realized value. Realized value is the price at which coins were last moved on-chain, providing an indication of the average price paid by current holders.

MVRV比率用于衡量资产是否相对于其实现值被高估还是被低估。实现的价值是上次链上货币的价格，提供了当前持有人支付的平均价格的指示。

When the market value is significantly higher than the realized value, it suggests that traders are optimistic and willing to pay a premium for the asset. This divergence between market value and realized value can be used to identify potential price reversals.

当市场价值明显高于已实现的价值时，它表明交易者很乐观，愿意为该资产支付溢价。市场价值与已实现价值之间的这种差异可用于确定潜在的价格逆转。

As the MVRV rises above 1, it indicates that investors are becoming more optimistic and are willing to pay a premium for the asset. Conversely, when MVRV falls below 1, it suggests that investors are pessimistic and believe the asset is overvalued.

随着MVRV上升到1以上，这表明投资者变得越来越乐观，愿意为资产支付溢价。相反，当MVRV低于1时，这表明投资者是悲观的，并认为资产被高估了。

At the beginning of 2024, the MVRV dropped below 0.4, signaling extreme pessimism among investors. However, as the price rose above $1,200, the MVRV gradually recovered, finally flipping bullish at around 1.08.

在2024年初，MVRV降至0.4以下，这表明投资者极度悲观。但是，随着价格上涨超过1200美元，MVRV逐渐恢复，最终以1.08左右的价格翻转看涨。

Moreover, analyst Martinez added that Ethereum whale activity has shot up. Over the past month alone, ETH whales have been busy accumulating, adding a staggering 450,000 Ethereum to their holdings. This consistent buying pressure from large institutions and investors bodes well for the cryptocurrency.

此外，分析师Martinez补充说，以太坊鲸鱼活动已经起步。仅在过去的一个月中，Eth鲸鱼一直在忙于积累，为他们的持股增加了45万以太坊。大型机构和投资者的这种一致的购买压力为加密货币带来了很好的体现。

“Whale activity supports this momentum shift, with large holders accumulating over 450,000 #Ethereum $ETH in the past month.”

“鲸鱼活动支持这种势头转变，过去一个月，大型持有人积累了超过450,000 #Ethereum $ eth。”

As the price of ETH dropped to $1,900 over the weekend amid broader market weakness, rumors of a potential price drop to $1,000 began circulating in the crypto community. However, on-chain metrics suggest that Ethereum has enough strength to quickly recover from this decline.

由于在更广泛的市场疲软中，周末ETH的价格下跌至1,900美元，因此在加密货币社区开始流传的谣言开始流传。但是，链指标表明以太坊有足够的力量从这种下降中迅速恢复。

Nearly 1 million Ethereum (ETH) has been withdrawn from exchanges since April, according to exchange data. This significant outflow indicates reduced selling pressure while bolstering Ethereum price stability and supporting bullish market momentum.

根据交换数据，自4月以来，将近一百万个以太坊（ETH）已从交流中撤回。这种重要的流出表明销售压力降低，同时加强以太坊价格稳定并支持看涨的市场势头。

“Exchange data also confirms the trend, with nearly 1 million #Ethereum $ETH withdrawn since April, reducing sell pressure.”

“交换数据还证实了这一趋势，自4月以来撤回了近100万美元的#Ethereum $ ETH，减轻了卖出压力。”

Furthermore, as long as Ethereum (ETH) maintains support above $2,200, the next upside targets could be $3,000 and possibly $4,000 if bullish momentum builds.

此外，只要以太坊（ETH）维持2200美元以上的支持，下一个上升目标可能为3,000美元，如果Bullish Momentum建立，则可能是4,000美元。

“According to the pricing bands, as long as #Ethereum $ETH holds above $2,200, the next upside targets could be $3,000 and possibly $4,000 as bullish momentum builds.”output: Key Notes The Ethereum (ETH) price drop over the weekend has brought up concerns in the crypto community about whether this is the end of the rally. However, on-chain metrics show that the Ethereum fundamentals have enough strength to stage a quick recovery moving ahead. As far as ETH price sustains above the $2,200 support, market analysts believe that the rally remains intact. Four On-Chain Metrics That Show Ethereum Strength Let’s take a closer look at the signs that reflect current Ethereum strength. Ethereum MVRV Momentum Flips Bullish Crypto analyst Ali Martinez has highlighted a key shift in Ethereum’s market dynamics, stating that the MVRV (Market Value to Realized Value) ratio has transitioned from bearish to bullish territory. This development signals growing momentum in favor of Ethereum bulls, setting the stage for further price gains in the near term. Rising ETH Whale Activity Analyst Martinez also

“根据定价乐队的说法，只要#Ethereum $ ETH持有的价格超过2200美元，下一个上升目标可能是3,000美元，可能是Bullish Momentum的建造。但是，链度指标表明，以太坊基本面具有足够的力量，可以快速恢复前进。至于ETH价格的维持在2200美元的支持以上，市场分析师认为集会仍然完好无损。四个显示以太坊强度的链链指标，让我们仔细研究反映当前以太坊强度的迹象。以太坊MVRV动量翻转看涨的加密分析师阿里·马丁内斯（Ali Martinez）强调了以太坊市场动态的关键转变，指出MVRV（市场价值与已实现价值）比率已经从看跌到看涨领土过渡。这一发展信号标志着增长的动力，支持以太坊公牛，在短期内为进一步的价格上涨奠定了基础。 ETH鲸鱼活动的上升分析师马丁内斯也