Despite a significant influx of $500 million into spot Ethereum ETFs, the second-largest cryptocurrency by market capitalization continues to face challenges with limited price movement.

儘管大量湧入了5億美元的Ethereum ETF，但價格有限的價格轉移的第二大加密貨幣仍在面對挑戰。

Despite retracing most of its gains since the Trump election rally in November 2024, Ethereum (ETH) has seen a surge in demand from long-term investors, according to analysts at Matrixport. This increase is attributed to the growing purchases of ETH by members of the World Financial Liberty, a decentralized finance group associated with former President Donald Trump.

Matrixport分析師說，儘管自2024年11月的特朗普大選集會以來，以來的大部分收益都取得了回報，但以太坊（ETH）的需求激增了長期投資者的需求激增。這一增長歸因於世界金融自由的成員不斷增長的ETH，這是一個與前總統唐納德·特朗普有關的分散財務集團。

As previously reported, the World Financial Liberty plans to establish a "strategic reserve" consisting of various altcoins. However, the precise purpose of this reserve remains uncertain.

如前所述，世界金融自由計劃建立由各種山寨幣組成的“戰略儲備”。但是，該儲備金的確切目的仍然不確定。

Despite the increased acquisition of Ethereum by the World Financial Liberty, market sentiment remains cautious ahead of Ethereum's Pectra upgrade. Scheduled for launch on the Holesky and Sepolia testnets in February and March, the upgrade is expected to go live on the mainnet in April. However, analysts note that expectations for a significant price movement are subdued compared to previous upgrades.

儘管世界金融自由收購以太坊的收購增加了，但在以太坊的pectra升級之前，市場情緒仍然謹慎。原定於2月和3月在Holesky和Sepolia Testnets上發布，預計將於4月在Mainnet上直播。但是，分析師指出，與以前的升級相比，對大幅價格變動的期望被縮減了。

"Without a clear bullish catalyst, ETH prices may continue to struggle," Matrixport analysts stated. "Ethereum's market dominance has already declined to just 10%."

Matrixport分析師說：“沒有明顯的看漲催化劑，ETH價格可能會繼續掙扎。” “以太坊的市場優勢已經下降了10％。”

The broader altcoin market, including Dogecoin (DOGE), XRP (XRP), and Solana (SOL), has also experienced downward pressure. As reported previously, the fear and greed index has reached its lowest level since October 2024, indicating growing fear in the market. Historically, periods of market fear have often led to declines in cryptocurrency prices.

較寬的山寨幣市場，包括Dogecoin（Doge），XRP（XRP）和Solana（Sol）（SOL），也經歷了向下壓力。如前所述，自2024年10月以來的恐懼和貪婪指數已達到其最低水平，表明市場上的恐懼日益增長。從歷史上看，市場恐懼時期通常導致加密貨幣價格下降。

The altcoin season index has also fallen to 33, compared to 47 at the beginning of the year. This suggests a decrease in demand for altcoins relative to Bitcoin (BTC). While Bitcoin has maintained relative stability, the decline in the altcoin index indicates a preference for Bitcoin among investors.

Altcoin季節指數也已下降到33個，而年初為47。這表明相對於比特幣（BTC），對替代幣的需求減少。儘管比特幣保持了相對穩定性，但Altcoin指數的下降表明投資者對比特幣的偏好。