比特幣，以太坊和硬幣要持有：在2025年導航加密貨幣景觀

比特幣和以太坊面臨更正，但精明的投資者看到了機會。發現為什麼比特幣財政部股票崩潰以及以太坊可能會在哪裡。

Bitcoin, Ethereum, and Coins to Hold: Navigating the Crypto Landscape in 2025

比特幣，以太坊和硬幣要持有：在2025年導航加密貨幣景觀

The crypto market's been a rollercoaster, right? Bitcoin's treasury stocks are taking a nosedive, while Ethereum's price is doing the limbo. But don't panic! Amidst the dips, there's always a chance to snag some hidden gems.

加密市場一直是過山車，對嗎？比特幣的財政部股票正在努力，而以太坊的價格則陷入困境。但是不要驚慌！在下降中，總是有機會抓一些隱藏的寶石。

Bitcoin Treasury Stocks: What's the Crash About?

比特幣財政部股票：崩潰是什麼？

This year hasn't been kind to Bitcoin treasury stocks. Companies like MicroStrategy (MSTR), Metaplanet, and even some names you might recognize (Trump Media, anyone?) have seen their stock prices plummet. MSTR, for example, is down from its all-time high, and Metaplanet has taken a serious hit. The Invezz article title asks "Why are Bitcoin treasury stocks crashing in 2025?" and there are a few reasons for this.

今年對比特幣國庫股並不友善。像MicroStrategy（MSTR），Metaplanet，甚至您可能認識的一些名字（Trump Media，有人？）這樣的公司已經看到他們的股價下降了。例如，MSTR與歷史最高的高度相距甚遠，Metaplanet受到了嚴重打擊。 Invezz文章標題詢問“為什麼比特幣國庫在2025年崩潰？”而且有幾個原因。

One major factor is Bitcoin's own correction. When Bitcoin dips, these companies tend to follow suit. However, there's more to the story. Investors aren't giving these companies the premium they used to. Multiples are down, and some are even trading below their net asset value (NAV). This suggests investors are becoming more skeptical of business models solely focused on holding Bitcoin.

一個主要因素是比特幣自己的更正。當比特幣下降時，這些公司傾向於效仿。但是，故事還有更多。投資者沒有給這些公司以前的保費。倍數下降，有些甚至低於其淨資產價值（NAV）。這表明投資者對僅專注於持有比特幣的商業模式越來越持懷疑態度。

Also, Bitcoin ETFs are stealing the show. With easy access to Bitcoin exposure through ETFs, investors might be ditching individual treasury stocks.

此外，比特幣ETF正在偷節目。通過輕鬆通過ETF訪問比特幣，投資者可能正在拋棄單個財政部股票。

Ethereum: Dip or Opportunity?

以太坊：蘸還是機會？

Ethereum hasn't been immune to the market jitters. It dipped below $4,000 recently, which might have you reaching for the sell button. But hold on! Analysts point out that Ethereum's Relative Strength Index (RSI) is oversold, hinting that a bottom might be forming. As Lark Davis pointed out, the last time ETH reached these levels, it rallied significantly.

以太坊還沒有免疫市場的煩惱。它最近下跌了4,000美元以下，這可能會讓您達到賣出按鈕。但是請堅持！分析師指出，以太坊的相對強度指數（RSI）超出了，暗示底部可能正在形成。正如拉克·戴維斯（Lark Davis）指出的那樣，ETH上一次達到這些水平，它大大集會了。

September's historically a rough month for crypto, but there's optimism for Q4 and early 2026. And get this: Ethereum whales are accumulating ETH like crazy. Lookonchain reported massive inflows into whale wallets, suggesting they see this dip as a prime buying opportunity.

從歷史上看，Crypto的一個艱難的月份，但對第四季度和2026年初充滿樂觀。 Lookonchain報告說，大量流入鯨魚錢包，表明他們將這種蘸醬視為主要購買機會。

So, What Coins to Hold?

那麼，要持有什麼硬幣？

That's the million-dollar question, isn't it? While I can't give financial advice, here's my take: Do your research! Understand the risks involved, and don't invest more than you can afford to lose.

那是百萬美元的問題，不是嗎？雖然我無法提供財務建議，但這是我的看法：進行研究！了解所涉及的風險，不要投資超出您負擔得起的損失。

Based on the current trends, it seems like Bitcoin treasury stocks need to prove they're more than just Bitcoin holders to regain investor confidence. Ethereum, on the other hand, might be gearing up for a rebound, especially if the whales are right.

根據當前的趨勢，似乎比特幣國庫股票需要證明它們不僅僅是比特幣持有者重新獲得投資者的信心。另一方面，以太坊可能正在為籃板做準備，尤其是如果鯨魚正確的話。

Final Thoughts

最後的想法

The crypto market is never boring. It's a wild ride of ups and downs, fueled by innovation, speculation, and a whole lot of caffeine. So, buckle up, stay informed, and remember to laugh at the memes along the way. After all, if you can't handle the volatility, you might as well stick to savings bonds (yawn!).

加密市場永遠不會無聊。這是一次狂野的跌宕起伏，在創新，猜測和大量咖啡因的推動下。因此，扣緊，保持知情，並記住沿途嘲笑這些模因。畢竟，如果您無法處理波動性，那麼您不妨堅持儲蓄債券（打哈欠！）。