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[1754] => 虚拟币存提
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当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 2735 小时
本月在线: 70 小时
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截至 2026 年 2 月，加密市场仿佛进入了寒冬。ETH 跌破1900，今年开局创下历史最差表现之一，较 2025 年高点下跌超过 60%。$ ^; G, h2 P7 a! j8 p: o5 d
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市场情绪极度恐慌，甚至连内部人士卖币都加剧了压力。4 B6 \1 K2 _1 c j# F* G3 F
一、先说技术面- m# \7 D1 m( x# }* B# e
这一点也是我在社区反复强调的，K线上我们经历了急跌，横盘，而最近的下跌完美符合预期的最后一跌！
$ H& ~$ c( ^& h而我能做的就是让大家拿住，甚至也来到完美的定投区间，可以参考22年的走势，这是最后一跌！) |4 E. r/ R$ V* o& p2 c
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+ O! M* k8 M' t: U& T' P5 v二、再看宏观
6 z# k1 ~. j) r! _! f以太坊2月日活跃地址维持在55万-70万 （主网），1-2月曾接近/突破100万 新高区间。7日/30日均线仍在上行，证明真实用户和DApp活跃度在增强。2 ]2 o/ P# h1 O. ?$ J. c$ C
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2月7日单日交易量达2.896M历史最高，2月22日仍维持在170万 。2026年初整体较2025年同期大幅回升，稳定币和L2活动是主要驱动。) U% v5 H( Z8 E) K/ l
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: E0 ]. s, v3 c5 vETH链上稳定币总供应约158-183B USD（占全球50%以上），2025-2026年持续爬升并创新高，说明稳定币持续增长！2 y0 ]! U% I2 k
% P( l6 w1 P, U5 d # s( G$ Z i7 \4 L5 ~. ^
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交易所ETH储备减少持续下降,全交易所ETH储备降至16.2M ETH（2016年以来最低），2026年初持续净流出。4 q; ?) a5 r. h/ ?& }& A
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所以，结合质押锁定，有效流动供应大幅收紧（约45% ETH已illiquid）, 尽管ETH价格短期承压，但网络基本面在2026年2月正处于爆发前夜/ Z5 \* `, K0 x3 K# X
三、机构在买，而不是跑0 Q$ ^6 l" A H' @
散户恐慌，机构却在布局。ETF 资金流入恢复，企业金库在低位配置 ETH。 传统金融机构持续在以太坊上做代币化产品。
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1月整体净流出2.53亿美元，但2月17日单日净流入4863万美元（BlackRock ETHA单日 2289万领跑），2月13日也曾翻正 1026万。
1 W& F+ r) V ]9 v: S: F近期虽有波动，但已出现多次正流入/零流出，累计AUM仍超115亿美元，显示机构在$1900附近开始重新布局。
: W9 L0 }+ c0 {5 l& O四、2026 年路线图聚焦
" z$ |$ L( ^1 i升级方向包括：
4 E3 a D: g" \1 w) f' G提升 Gas 上限7 Q5 T+ M$ \8 T; h, [* m3 o) R
1 U( L* e1 P8 N增强 L2 互操作性
4 j6 o. q0 T. V: V# C4 h/ _- @% g b
扩展零知识基础设施& G8 E& ], h" ~/ Z
7 W5 S- _7 y3 e3 }, u& Z4 }4 W1 l6 \账户抽象. K; \ R& F. i- I3 X7 Z( Y3 @
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抗量子安全! Y, v1 O: T& W# k2 [, P. y e3 ~4 e
3 Q. P& D r. _" l0 I5 U0 U# N8 DHarden the L1：后量子密码、FOCIL抗审查、网络韧性测试，V神也强调“不再是UX vs 安全，而是提升安全的UX”( M* I4 Q: }, _7 X1 p* M0 g2 z
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所以，如果宏观稳定、资金回流，ETH 不需要炒作，只需要被重新定价。
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+ W% o# P. V% H( S- d这不是盲目乐观，我坚信，冬天往往是最大反弹的起点。 |
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当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 75 小时
本月在线: 14 小时
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ETH 这价位确实有点诱人了，但真进去还得看后续怎么走 |
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当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 123 小时
本月在线: 17 小时
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这波跌得挺狠，但看数据好像真有人在默默抄底，心态得稳住啊 |
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当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 238 小时
本月在线: 13 小时
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当前离线
经验:
天策币:
活跃币:
策小分:
总在线: 13720 小时
本月在线: 46 小时
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