以太坊领涨、山寨币市值飙升41%!市场轮动信号显现,山寨币季节临近?

ambcryptoPublished on 2025-07-21Last updated on 2025-07-21

Abstract

到目前为止,ETH/BTC 已连续四周上涨。

关键要点

以太坊的突破以及山寨币市值飙升41%,预示着市场动能可能正在发生转变。虽然现在还不是山寨币的正式黄金季节,但种种迹象已经清晰地指向了这一方向。

比特币[BTC]在占据主导地位数周后,或许终于要成为焦点了。以太坊[ETH]已连续四周兑BTC上涨,与比特币形成了鲜明对比。

与此同时,比特币[BTC.D]的主导地位正在下滑,而山寨币的市值自6月以来大幅飙升,目前已达到1.45万亿美元。资金也早在7月就开始向山寨币轮动。

随着山寨币季节指数接近临界点,转变的迹象现在可能无法忽视。

随着主导地位的转变,ETH 突破 BTC

经过数月的盘整,以太坊终于摆脱了困境,相对于比特币,其周涨幅达到 26.93%。

事实上,在撰写本文时,ETH/BTC 图表连续四周闪烁绿色蜡烛,最新突破将该货币对推高至 0.03153。

这一大幅上涨与比特币市场主导地位的持续下降相吻合,比特币的市场主导地位也下降至 61.05%——这是两个多月以来的最低点。

随着资本从 BTC 转向山寨币,以太坊的强势可能只是更广泛市场叙事的开始。

以太坊是山寨币季的先兆

山寨币市场正在快速升温!

从6月份1.06万亿美元的低点,截至发稿时已上涨至约1.5万亿美元,TOTAL2(不包括BTC的加密货币总市值)飙升逾41%,其中以太坊稳居榜首。如此强劲的涨幅表明,人们越来越相信山寨币市场可能即将迎来新一轮的繁荣。

以太坊在价格和主导地位方面的出色表现一直起到催化剂的作用,吸引资本从比特币转向更广泛的山寨币生态系统。

山寨季尚未正式到来,但我们看到了一些迹象

截至发稿时,Coinglass 的山寨币季节指数为 51,已超过中点。

虽然尚未突破 75 的官方门槛,但最近几周确实大幅上升。

据 Glassnode 称,资金于 7 月初开始流入山寨币,短期平均水平数月来首次超过长期平均水平。

这种转变似乎也与以太坊的突破一致。

山寨币的旺季或许尚未完全到来,但市场行情已经开始变得似曾相识。而且,投资者也开始注意到这一点。

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