Cryptocurrency analyst and trader Ali Martinez says hundreds of thousands of Ethereum (ETH) are leaving crypto exchanges as holders accumulate the native asset of the leading smart contract protocol.

加密貨幣分析師和交易員 Ali Martinez 表示，隨著持有者累積領先智慧合約協議的原生資產，數十萬以太坊 (ETH) 正在離開加密貨幣交易所。

Martinez tells his 43,400 followers on the social media platform X that Ethereum potentially is facing a decline in selling pressure after the crypto asset recorded significant outflows from exchanges in less than a month.

馬丁內斯在社群媒體平台 X 上告訴他的 43,400 名粉絲，以太坊可能面臨拋售壓力下降，因為加密資產在不到一個月的時間內就出現了交易所的大量資金流出。

“In the past three weeks, nearly 510,000 ETH have been withdrawn from known crypto exchange wallets, totaling a value of approximately $1.22 billion!

「在過去三週內，已有近 51 萬 ETH 從已知的加密貨幣交易所錢包中被提取，總價值約為 12.2 億美元！

This significant outflow indicates a strong Ethereum holder sentiment and potentially less selling pressure in the market.“

這一顯著的資金流出表明以太坊持有者情緒強勁，市場拋售壓力可能較小。”

Based on a chart citing data from crypto analytics platform Glassnode, it appears that the amount of Ethereum on exchanges reached a recent high of just under 14.4 million in December but fell to less than 13.65 million in late January.

根據引用加密分析平台 Glassnode 數據的圖表，交易所上的以太坊數量似乎在 12 月達到了近 1,440 萬個的近期高點，但在 1 月底跌至不到 1,365 萬個。

Ethereum is trading at $2,316 at time of writing.

截至撰寫本文時，以太坊的交易價格為 2,316 美元。

Next up is the Ethereum rival Cardano (ADA). According to Martinez, if history repeats itself and Cardano mimics its late 2020 price action, the ninth-largest crypto asset by market cap is likely to start its next market expansion in the coming months.

接下來是以太坊的競爭對手卡爾達諾（ADA）。馬丁內斯表示，如果歷史重演並且卡爾達諾模仿其 2020 年底的價格走勢，那麼按市值計算的第九大加密資產可能會在未來幾個月內開始下一次市場擴張。

“Should the patterns align and Cardano mirrors its late 2020 price behavior, we can anticipate ADA to remain in a consolidation phase until April 2024, setting the stage for its next bull rally!” 

「如果這些模式一致並且卡爾達諾反映了其 2020 年末的價格行為，我們可以預計 ADA 將保持在盤整階段直到 2024 年 4 月，為下一次牛市反彈奠定基礎！”

Cardano is trading at $0.496 at time of writing.

截至撰寫本文時，卡爾達諾的交易價格為 0.496 美元。

Martinez also offers his take on top meme crypto asset Dogecoin (DOGE). The analyst says that DOGE appears to be trading in a tight range on the four-hour chart based on the Bollinger Bands, an indicator that traders use to spot potential periods of increased volatility.

馬丁內斯也提出了他對頂級迷因加密資產狗狗幣（DOGE）的看法。該分析師表示，根據布林線（交易者用來發現波動性增加的潛在時期的指標），在四小時圖表上，狗狗幣似乎在窄幅區間內交易。

According to the trader, it’s only a matter of time before Dogecoin ignites a big move, although he did not specify his directional bias.

這位交易員表示，狗狗幣引發大幅波動只是時間問題，儘管他沒有具體說明他的方向偏見。

“The Bollinger Bands on Dogecoin four-hour chart are experiencing the tightest squeeze since October 2023, signaling an impending spike in DOGE price volatility.”

“狗狗幣四小時圖表上的布林帶正在經歷 2023 年 10 月以來最緊縮，這表明狗狗幣價格波動即將飆升。”

Dogecoin is trading at $0.0783 at time of writing.

截至撰寫本文時，狗狗幣的交易價格為 0.0783 美元。