<h2><strong>关键要点</strong></h2>
<ul>
<li><em>以太坊价格突破 $2,850 触发了 $2.06 亿的交易所资金流出——这是看涨积累的迹象。然而，空头鲸鱼正在大举做空。链上信号揭示了什么。</em></li>
</ul>
<hr/>
<p>在突破关键阻力位 $2,850 后，以太坊 [ETH] 转向看涨，准备迎接上涨行情。</p>
<p>这一走势似乎是在重新测试其突破区，这是继续上涨前的典型模式。然而，仅凭价格走势并不能讲述完整的故事。</p>
<h2><strong>$6400 万以太坊买入遇到 $1.43 亿的空头</strong></h2>
<p>链上追踪器 Lookonchain 揭示了一场有趣的对峙，一些参与者似乎在押注看跌，而另一些则似乎在利用价格整合的机会。</p>
<p>在 7 月 12 日，Lookonchain 注意到 Sharplink (SBET) 通过场外交易和 Coinbase Prime 购买了价值 $6426 万的 21,487 ETH。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2025/07/Gvm_MCVXMAAVT8k.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2025/07/Gvm_MCVXMAAVT8k.jpg"/></p>
<p>来源：X</p>
<p>事实上，这笔购买是在该公司从以太坊基金会收购了价值 $2500 万的 10,000 ETH 后不久进行的。</p>
<p>但并非所有鲸鱼都参与其中。</p>
<p>在同一时间段内，三个钱包开启了重仓的杠杆空头，利用 15 倍至 25 倍的杠杆做空 ETH。总计 48,458 ETH 价值 $1.4337 亿的空头仅使用了 $1050 万的 USDC 保证金。</p>
<p>结合这些在 X 上的帖子，长期前景似乎依然看涨。尽管短期价格修正的可能性存在，但考虑到当前市场结构，这种可能性似乎不大。</p>
<h2><strong>价值 $2.06 亿的以太坊离开交易所</strong></h2>
<p>鉴于当前市场情绪，投资者和长期持有者正在积累 ETH，链上分析平台 CoinGlass 报告称。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2025/07/image-2025-07-12T171115.988.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2025/07/image-2025-07-12T171115.988.jpg"/></p>
<p>来源：CoinGlass</p>
<p>在 7 月 11 日，以太坊在交易所的净流出超过 $2.06 亿。这种资金流出通常反映出鲸鱼的积累和卖方流动性的减少，从而强化了看涨的局面。</p>
<p>尽管流出规模显著，但在过去 24 小时内，日交易量下降了 35%。这为短期价格方向增添了不确定性。</p>
<h2><strong>ETH 图表接下来暗示什么</strong></h2>
<p>AMBCrypto 的技术分析显示，以太坊突破了 $2,850 的关键阻力位，并在发布时显得看涨。</p>
<p>然而，由于价格过高以及过去三天上涨超过 20%，该资产似乎正在经历价格整合。在这种情况下，价格可能会重新测试突破区域，或者在整合一段时间后继续其上涨势头。</p>
<p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2025/07/ETHUSDT_2025-07-12_17-08-54.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2025/07/ETHUSDT_2025-07-12_17-08-54.png"/></p>
<p>来源：TradingView</p>
<p>在发布时，ETH 价格在日线图上交易于 200 日指数移动平均线 (EMA) 之上，表明该资产处于上升趋势中。</p>
<p>突破预计如果 ETH 能够保持在之前的阻力位之上，可能会向 $4,000 水平上涨 37%。</p>

ETHE

<p>以太坊的价格突破了 2850 美元，导致 2.06 亿美元的交易所资金流出，显示出看涨的积累。然而，空头鲸鱼正在大量做空，做空金额达到 1.43 亿美元，而以太坊的购买金额仅为 6400 万美元。尽管可能会出现短期修正，但长期前景依然看涨，得益于鲸鱼的显著积累。技术分析表明，如果以太坊能够维持在突破水平之上，可能会向 4000 美元发起反弹，尽管日交易量已下降了 35%</p>

<h2><strong>Key Takeaways</strong></h2>
<div class="lb-trans"><h2><strong>关键要点</strong></h2>
</div><ul>
<li><em>Ethereum’s price breakout past $2,850 triggered $206 million in exchange outflows – a sign of bullish accumulation. Yet, bearish whales are shorting big. Here’s what on-chain signals reveal.</em></li>
</ul>
<div class="lb-trans"><ul>
<li><em>以太坊价格突破 $2,850 触发了 $2.06 亿的交易所资金流出——这是看涨积累的迹象。然而，空头鲸鱼正在大举做空。链上信号揭示了什么。</em></li>
</ul>
</div><hr/>
<div class="lb-trans"><hr/>
</div><p>Following the breakout of the key resistance level at $2,850, Ethereum [ETH] turned bullish and is poised for an upward rally.</p>
<div class="lb-trans"><p>在突破关键阻力位 $2,850 后，以太坊 [ETH] 转向看涨，准备迎接上涨行情。</p>
</div><p>The move appears to be retesting its breakout zone, a typical pattern before continuation. However, price action alone isn’t telling the full story.</p>
<div class="lb-trans"><p>这一走势似乎是在重新测试其突破区，这是继续上涨前的典型模式。然而，仅凭价格走势并不能讲述完整的故事。</p>
</div><h2><strong>$64M ETH buy meets $143M in shorts</strong></h2>
<div class="lb-trans"><h2><strong>$6400 万以太坊买入遇到 $1.43 亿的空头</strong></h2>
</div><p>On-chain tracker Lookonchain revealed a curious standoff, with some participants appearing to bet on the bearish side, while others seem to be taking advantage of the price consolidation.</p>
<div class="lb-trans"><p>链上追踪器 Lookonchain 揭示了一场有趣的对峙，一些参与者似乎在押注看跌，而另一些则似乎在利用价格整合的机会。</p>
</div><p>On the 12th of July, Lookonchain noted Sharplink (SBET) purchased a significant 21,487 ETH worth $64.26 million via OTC and Coinbase Prime.</p>
<div class="lb-trans"><p>在 7 月 12 日，Lookonchain 注意到 Sharplink (SBET) 通过场外交易和 Coinbase Prime 购买了价值 $6426 万的 21,487 ETH。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2025/07/Gvm_MCVXMAAVT8k.jpg" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2025/07/Gvm_MCVXMAAVT8k.jpg"/></p>
<p>Source: X</p>
<div class="lb-trans"><p>来源：X</p>
</div><p>In fact, this purchase came shortly after the firm had acquired 10,000 ETH worth $25 million from the Ethereum Foundation.</p>
<div class="lb-trans"><p>事实上，这笔购买是在该公司从以太坊基金会收购了价值 $2500 万的 10,000 ETH 后不久进行的。</p>
</div><p>But not all whales are onboard.</p>
<div class="lb-trans"><p>但并非所有鲸鱼都参与其中。</p>
</div><p>Within the same window, three wallets opened heavy leveraged shorts, betting against ETH with 15x–25x leverage. In total, 48,458 ETH worth $143.37 million were shorted using just $10.5 million in USDC margin.</p>
<div class="lb-trans"><p>在同一时间段内，三个钱包开启了重仓的杠杆空头，利用 15 倍至 25 倍的杠杆做空 ETH。总计 48,458 ETH 价值 $1.4337 亿的空头仅使用了 $1050 万的 USDC 保证金。</p>
</div><p>When combining these posts on X, it appears that the long-term outlook remains bullish. While there is a possibility of a short-term price correction, it seems unlikely given the current market structure.</p>
<div class="lb-trans"><p>结合这些在 X 上的帖子，长期前景似乎依然看涨。尽管短期价格修正的可能性存在，但考虑到当前市场结构，这种可能性似乎不大。</p>
</div><h2><strong>$206 million worth of Ethereum leaves exchanges</strong></h2>
<div class="lb-trans"><h2><strong>价值 $2.06 亿的以太坊离开交易所</strong></h2>
</div><p>Given the current market sentiment, investors and long-term holders have been accumulating ETH, as reported by the on-chain analytics platform CoinGlass.</p>
<div class="lb-trans"><p>鉴于当前市场情绪，投资者和长期持有者正在积累 ETH，链上分析平台 CoinGlass 报告称。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2025/07/image-2025-07-12T171115.988.jpg" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2025/07/image-2025-07-12T171115.988.jpg"/></p>
<p>Source: CoinGlass</p>
<div class="lb-trans"><p>来源：CoinGlass</p>
</div><p>Ethereum saw net Outflows of over $206 million across exchanges on the 11th of July. Such moves often reflect whale accumulation and reduced sell-side liquidity, reinforcing bullish setups.</p>
<div class="lb-trans"><p>在 7 月 11 日，以太坊在交易所的净流出超过 $2.06 亿。这种资金流出通常反映出鲸鱼的积累和卖方流动性的减少，从而强化了看涨的局面。</p>
</div><p>Still, the outflow scale, while significant, comes amid a decline in daily trading volume, which dropped 35% in the last 24 hours. That adds ambiguity to near-term price direction.</p>
<div class="lb-trans"><p>尽管流出规模显著，但在过去 24 小时内，日交易量下降了 35%。这为短期价格方向增添了不确定性。</p>
</div><h2><strong>What ETH charts suggest next</strong></h2>
<div class="lb-trans"><h2><strong>ETH 图表接下来暗示什么</strong></h2>
</div><p>AMBCrypto’s technical analysis revealed that Ethereum broke out of the key resistance level at $2,850 and appeared bullish during press time.</p>
<div class="lb-trans"><p>AMBCrypto 的技术分析显示，以太坊突破了 $2,850 的关键阻力位，并在发布时显得看涨。</p>
</div><p>However, due to the overextended price and a gain of over 20% in the past three days, the asset seems to be experiencing price consolidation. In that scenario, the price may either retest the breakout area or continue its upward momentum after consolidating for a while.</p>
<div class="lb-trans"><p>然而，由于价格过高以及过去三天上涨超过 20%，该资产似乎正在经历价格整合。在这种情况下，价格可能会重新测试突破区域，或者在整合一段时间后继续其上涨势头。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://ambcrypto.com/wp-content/uploads/2025/07/ETHUSDT_2025-07-12_17-08-54.png" alt="" original-src="https://ambcrypto.com/wp-content/uploads/2025/07/ETHUSDT_2025-07-12_17-08-54.png"/></p>
<p>Source: TradingView</p>
<div class="lb-trans"><p>来源：TradingView</p>
</div><p>At press time, the ETH price was trading above the 200-day Exponential Moving Average (EMA) on the daily timeframe, indicating that the asset is in an uptrend.</p>
<div class="lb-trans"><p>在发布时，ETH 价格在日线图上交易于 200 日指数移动平均线 (EMA) 之上，表明该资产处于上升趋势中。</p>
</div><p>The breakout projects a potential 37% rally toward the $4,000 level if ETH maintains its footing above the former resistance.</p>
<div class="lb-trans"><p>突破预计如果 ETH 能够保持在之前的阻力位之上，可能会向 $4,000 水平上涨 37%。</p>
</div>

以太坊能否涨至 4000 美元？这些 ETH 指标可能揭示答案！