Crypto Up，2025 年 10 月：推動市場的因素是什麼？

審視 2025 年 10 月影響加密貨幣市場的主要趨勢和見解，重點關注影響比特幣、以太坊和山寨幣的因素。

The crypto world's buzzing in October 2025! Bitcoin's dancing around $110,000, Ethereum's playing footsie with $4,000, and the whole market's trying to figure out if this is the real deal or just another head fake.

2025 年 10 月，加密世界將熱鬧非凡！比特幣在 110,000 美元附近跳舞，以太坊在 4,000 美元左右搖擺，整個市場都在試圖弄清楚這是真的交易還是只是另一個假象。

The Big Picture: Crypto's October 2025 Surge

大局：加密貨幣 2025 年 10 月的飆升

Data from early October 2025 shows a crypto market capitalization on the rise, fueled by renewed momentum across major digital assets. But beneath the surface, there's a tug-of-war between bullish sentiment and cautious profit-taking.

2025 年 10 月上旬的數據顯示，在主要數字資產新勢頭的推動下，加密貨幣市值正在上升。但在表面之下，看漲情緒和謹慎獲利了結之間存在著一場拉鋸戰。

Bitcoin's Balancing Act

比特幣的平衡法

Bitcoin's holding above $110,000, which is good news. However, long-term holders are cashing out. According to analyst James Check, this isn't some shadowy manipulation scheme; it's just “good old-fashioned sellers” taking profits after years of holding. This sell-side pressure is a key resistance keeping Bitcoin from breaking through to higher levels.

比特幣保持在 11 萬美元以上，這是個好消息。然而，長期持有者正在兌現。分析師詹姆斯·切克 (James Check) 表示，這並非某種隱蔽的操縱計劃；而是一種隱秘的操縱行為。這只是“老派的好賣家”在持有多年後獲利了結。這種賣方壓力是阻止比特幣突破更高水平的關鍵阻力。

Ethereum's Crossroads

以太坊的十字路口

Ethereum's in a tricky spot. Ray Youssef, CEO of NoOnes, says ETH is at a “crossroads where technical uncertainty and fundamental strength collide.” Despite some ETF outflows and validator exits, Youssef notes that big ETH holders remain confident. The ecosystem's strong, but traders are playing it safe for now. Analyst Ted Pillows points to the $4,100 level as crucial; reclaiming it could signal a rebound, while failure could mean more downside.

以太坊正處於一個棘手的境地。 NoOnes 首席執行官雷·優素福 (Ray Youssef) 表示，ETH 正處於“技術不確定性與基本面實力發生衝突的十字路口”。 Youssef 指出，儘管有一些 ETF 資金流出和驗證者退出，但 ETH 持有者仍然充滿信心。該生態系統很強大，但交易者目前正在謹慎行事。分析師 Ted Pillows 指出 4,100 美元水平至關重要；收回它可能預示著反彈，而失敗可能意味著更多的下行。

Altcoins: Winners, Losers, and Travel Perks

山寨幣：贏家、輸家和旅行福利

While Bitcoin and Ethereum grab headlines, altcoins are doing their thing. Some are posting solid gains, while others are slipping. A new partnership between KuCoin's KuCard and Plaza Premium Lounge is allowing KuCard users to enjoy a 20% discount to use the lounge, marking Plaza Premium’s first engagement with the cryptocurrency sector and highlighting KuCard’s commitment to secure, innovative financial solutions and unforgettable lifestyle experiences for global users. This kind of real-world integration could be a sign of things to come, showing how crypto is moving beyond trading and into everyday life.

當比特幣和以太坊佔據頭條新聞時，山寨幣正在做他們的事情。一些公司取得了穩健的增長，而另一些公司則出現了下滑。 KuCoin旗下KuCard與環亞機場貴賓室之間的新合作夥伴關係允許KuCard用戶在使用貴賓室時享受20%的折扣，這標誌著環亞機場管理首次涉足加密貨幣領域，並突顯了KuCard致力於為全球用戶提供安全、創新的金融解決方案和難忘的生活方式體驗。這種現實世界的整合可能是未來事物的一個標誌，展示了加密貨幣如何超越交易並進入日常生活。

DeFi Innovation: Jupiter's Ultra V3

DeFi 創新：Jupiter’s Ultra V3

Over in the Solana ecosystem, Jupiter just dropped Ultra V3, a trading engine promising better MEV protection, positive slippage, and lower fees. With technologies like Iris router, ShadowLane, and Predictive Execution, Jupiter's aiming to give DeFi traders an edge. This kind of innovation is what keeps the crypto space exciting, constantly pushing the boundaries of what's possible.

在 Solana 生態系統中，Jupiter 剛剛推出了 Ultra V3，這是一個承諾提供更好的 MEV 保護、正滑點和更低費用的交易引擎。 Jupiter 的目標是通過 Iris 路由器、ShadowLane 和預測執行等技術為 DeFi 交易者提供優勢。這種創新讓加密貨幣領域變得令人興奮，不斷突破可能的界限。

Aussie Crypto: Exchanges Under the Microscope

澳大利亞加密貨幣：顯微鏡下的交易所

In Australia, the crypto exchange scene is heating up, with clearer AML/CTF rules forcing platforms to play by the book. Bitcoin.com.au is great for beginners, Independent Reserve is known for security, and Binance offers a ton of features. But remember, do your homework and choose an exchange that fits your needs and risk tolerance.

在澳大利亞，加密貨幣交易場景正在升溫，更清晰的 AML/CTF 規則迫使平台按章行事。 Bitcoin.com.au 非常適合初學者，Independent Reserve 以安全性而聞名，Binance 提供了大量功能。但請記住，做好功課並選擇適合您的需求和風險承受能力的交易所。

Final Thoughts: Upward Trajectory

最後的想法：向上的軌跡

All things considered, crypto has maintained an overall upward trajectory in October 2025. Whether you're a seasoned trader or just dipping your toes in, keep an eye on those key levels, watch out for those profit-taking sellers, and don't forget to enjoy the ride. It's a wild one, but that's why we love it, right?

綜合考慮，加密貨幣在 2025 年 10 月總體上保持了上漲軌跡。無論您是經驗豐富的交易者還是剛剛涉足市場，請密切關注這些關鍵水平，留意那些獲利了結的賣家，並且不要忘記享受這一過程。這是一種狂野，但這就是我們喜歡它的原因，對嗎？