Thomas Daniels
Ethereum (ETH) yakawana zvingangoita makumi maviri neshanu muzana kubva pakutanga kwaNyamavhuvhu, ichikwira kubva pamadhora mazana matatu nemakumi masere nenomwe kusvika pamadhora mazana mana nemakumi manomwe neshanu uye nekutyora muchidimbu hutsva hutsva pedyo nemadhora mazana mana nemakumi masere nenomwe. Asi, kune vane ruzivo mari yekrispto, misangano yaNyamavhuvhu yakadai inowanzotakura caveat inozivikanwa: Gunyana rinoderera.
Nhoroondo Yemaitiro: Yakasimba Nyamavhuvhu, isina simba Gunyana
Kubva 2016, Ethereum yakaratidza kudzokororwa kwemwaka - pese apo ETH inotumirwa inowana muna Nyamavhuvhu, inoita kunge isingashande munaGunyana. Iyi nzira yakatamba zvakanyanya mumakore matatu mushure mehafu-hafu:
- Muna 2017, Ether yakawedzera 92.86% munaAugust, ichiteverwa nekuderera kwe21.65% munaSeptember.
- Muna 2020, 25.32% yaNyamavhuvhu rally yakatungamira kune 17.08% Gunyana kudhonzwa.
- Muna 2021, ETH yakawana 35.62% muna Nyamavhuvhu asi yakatsvedza 12.55% mwedzi unotevera.
Mafambiro aya anoratidza kusazvibata kumberi, kunyanya mumashure mehafu-kati apo kufara kunowanzopa nzira kugadziriso dzehunyanzvi.
Diverging Basics muna 2025
Zvisinei nekutangira kwenhoroondo, 2025 inounza akati wandei magadzirirwo ekuchinja anogona kushandura trajectory. Mukuru pakati pawo iEther ETFs uye migove yakakosha yehupfumi yemakambani-hapana iyo yaivepo panguva yemisangano yaNyamavhuvhu yapfuura.
Institutional inflows muEther ETFs yasvika madhora mabhiriyoni matatu muna August chete, nepo hupfumi hwekambani ikozvino hunobata $ 3 bhiriyoni muETH. Mumwe muenzaniso unozivikanwa ndeyeBitMine, iyo yakawedzera Ether yayo Holdings ne $ 13 mamiriyoni mwedzi uno, ichiunza iyo yose ku45 mabhiriyoni emadhora.
Iyi nhanho yekubatanidzwa kwemasangano iri kugadzirisa zvakare kudiwa kweEthereum, inogona kudzikamisa nhoroondo yekusagadzikana kwemaitiro akasungirirwa kune ekufungidzira maitiro ekutengesa.
Macro Conditions Inotsigira asi Inongwarira
Vachiwedzera mafuta kumusangano, Sachigaro weFederal Reserve weUS, Jerome Powell, akapa tsananguro paJackson Hole symposium, achinongedza danho rinogona kuderedzwa mwedzi unouya. Misika yeCrypto yakapindura zvakanaka, sezvo mitengo yakaderera yemubereko inowanzoonekwa sebullish yenjodzi-pazvinhu senge cryptocurrencies.
Nekudaro, tarisiro yehupfumi hunofanirwa kuyerwa nenhoroondo yehunyanzvi. Gunyana inoramba iri mwedzi wakaoma wekare weETH, uye nepo ETF ichipinda uye tsigiro yepfuma iri mitsva mitsva, inogona kunge isina kukwana kumisa purofiti yenguva pfupi uye kuneta kwemwaka.
Capital Rotation: Bitcoin's Kurasikirwa, Ethereum's Gain
Kutonga kweBitcoin kwemusika kwadzikira neinoda kusvika 6% mumwedzi wapfuura, ichidzika kusvika pa58%. Kuchinja uku kunoratidza kutenderera kwakakura kwemari kuita maaltcoins, neEthereum iri kubuda semubatsiri wekutanga. Kusiyana pakati peEther neBitcoin ETF inoyerera- $ 2.79 bhiriyoni muETH inopinda maringe ne $ 1.2 bhiriyoni muBTC inobuda-inosimbisa iyi shanduko yemanzwiro.
Outlook: Gunyana Yambiro ine Structural Tailwind
Kunyange data renhoroondo richida kungwarira, 2025 inogona kumiririra mutsauko wechimiro. Kudiwa kweInstitutional, macro tailwinds, uye kubatanidzwa kwehupfumi kunogona kudzikisira njodzi yaSeptember pasi kana kudzikamisa chiyero chekugadziriswa kupi zvako. Mubvunzo wakakosha unoramba uripo: huremu hwenhoroondo huchakunda izvo zvakakosha zviri kubuda?
Vagadziri vemari vanofanirwa kutarisa ETF inoyerera, Fed masaini masiginecha, uye chinzvimbo chemasangano padhuze. Kunyangwe Ethereum ichityora maitiro ayo emwaka munaGunyana ichapa ruzivo rwakadzama mukukura uye kusimba kweiyo asset mune inoshanduka macro-crypto landscape.
