Tariffs and Market Volatility Dampen Ethereum Prospects

關稅和市場波動性以太坊的前景

Concerns are mounting among market observers as US President Donald Trump's latest round of tariffs and the absence of short-term catalysts cast a shadow over the crypto market. Ethereum's ether (ETH) is believed to be particularly vulnerable, given recent headwinds.

當美國總統唐納德·特朗普（Donald Trump）的最新一輪關稅和缺乏短期催化劑在加密貨幣市場上引起了陰影，市場觀察家之間引起了人們的關注。鑑於最近的逆風，人們認為以太坊的以太（ETH）特別容易受到傷害。

Trump announced plans to impose 25% tariffs on all steel and aluminum imports into the US, in addition to existing duties. This move heightened inflation expectations and sparked a sell-off in bitcoin, which had previously been poised to surpass $100,000.

特朗普宣布，除了現有職責外，還計劃向美國所有鋼鐵和鋁進口徵收25％的關稅。這一舉動提高了通貨膨脹的預期，並引發了比特幣的拋售，該比特幣以前已經被準備超過100,000美元。

At the time of writing, major cryptocurrencies remained largely unchanged. However, Bitcoin, ether, XRP, Solana's SOL, and dogecoin (DOGE) were all trading below 1% in the past 24 hours. Binance's BNB, meanwhile, lost 4.5% after a rally on Sunday.

在撰寫本文時，重大加密貨幣基本上保持不變。但是，在過去的24小時內，比特幣，以太，XRP，Solana的Sol和Dogecoin（Doge）的交易均低於1％。同時，Binance的BNB在周日的集會後損失了4.5％。

Tariffs can exacerbate trade wars and create economic uncertainty, leading to market volatility. Such volatility often impacts bitcoin and the broader crypto market, as investors seek refuge in safer assets.

關稅會加劇貿易戰並造成經濟不確定性，從而導致市場波動。由於投資者尋求更安全的資產庇護，這種波動率通常會影響比特幣和更廣泛的加密貨幣市場。

Analysts speculate that ether may face additional headwinds due to declining sentiment, adding to its turbulent year-to-date performance. The bitcoin-ether ratio has recently dipped to its lowest point since 2021, reflecting a preference for BTC over ETH.

分析師推測，由於情緒下降，以太幣可能會面臨其他逆風，從而增加了其動蕩的年度績效。自2021年以來，比特幣 - 醚比最近降至其最低點，反映了對BTC而不是ETH的偏愛。

"Ethereum has been hit particularly hard, with ETH shedding all of its gains since last November," said Nick Ruck, director at LVRG Research. "Investors now expect only one interest rate cut by the Federal Reserve this year, which casts a shadow over risk assets like crypto."

LVRG Research主任尼克·魯克（Nick Ruck）表示：“以太坊受到了巨大的打擊，自去年11月以來，ETH剝奪了所有收益。” “投資者現在預計，今年美聯儲降低了一個利率，這對加密貨幣等風險資產產生了陰影。”

Traders at Singapore-based QCP Capital anticipate market fluctuations in the coming weeks as Trump's rhetoric continues to shape sentiment. They believe a feedback loop may be emerging, with Trump's actions influencing market dynamics and vice versa.

總部位於新加坡的QCP Capital的貿易商預計，隨著特朗普的言辭繼續塑造情感，在未來幾週內市場波動。他們認為，反饋循環可能正在出現，特朗普的行動影響了市場動態，反之亦然。

"BTC volatility favors puts until April, indicating a lack of upside catalysts," the firm said in a statement.

該公司在一份聲明中說：“ BTC的波動性偏愛一直持續到4月，表明缺乏上升催化劑。”