分析第三季度和第四季度2025年的加密市场：机构投资激报，政府探索加密整合，而SEI具有巨大的潜力。

Crypto Market Q3 & Q4 2025: Institutional Momentum, Government Integration, and SEI's Surge

加密市场Q3和Q4 2025：机构势头，政府整合和SEI的激增

The crypto landscape in Q3 and Q4 2025 is shaping up to be quite dynamic. Institutional interest is back with a vengeance, governments are warming up to crypto integration, and certain altcoins like SEI are making significant waves. Let's dive in.

Q3和Q4 2025中的加密景观正在塑造非常动态的。机构的兴趣恢复了复仇，政府正在加入加密整合，而某些SEI等山寨币则引起了巨大的浪潮。让我们潜水。

Institutional Investors Pile Back In

机构投资者堆积在

Big money is flowing back into crypto. Bitcoin ETFs saw massive inflows, indicating institutional players are positioning themselves for the next big upswing. With Bitcoin ETFs now a staple in traditional portfolios, expect continued upward pressure on prices and reduced volatility during market dips. Smart money is making early moves, a historical precursor to major uptrends.

大笔资金正在回到加密货币。比特币ETF看到了大量的流入，表明机构参与者将自己定位为下一个大型上升。随着比特币ETF现在是传统投资组合中的主食，预计价格持续向上压力，市场下降期间的波动性降低。聪明的钱正在提早采取行动，这是重大上升趋势的历史先兆。

Governments Explore Crypto Integration

政府探索加密整合

According to the Wall Street Journal, multiple countries are exploring integrating crypto into their financial systems. This marks a significant shift from anti-crypto policies to structured integration. Expect renewed interest in utility-driven altcoins like XRP, XDC, and LINK, which support infrastructure, payments, and compliance.

根据《华尔街日报》的报道，多个国家正在探索将加密货币整合到其金融系统中。这标志着从抗晶体策略到结构化整合的重大转变。预计支持基础架构，付款和合规性的XRP，XDC和Link等公用事业驱动的AltCoins的新兴趣。

Bitcoin's Next Target: $110K?

比特币的下一个目标：$ 110k？

Bitcoin is currently trading just below $108K, a critical resistance level. A successful break above this point could propel it towards $110K, with potential for further parabolic growth. The NASDAQ's record-breaking weekly close also bodes well for Bitcoin, as tech strength often foreshadows crypto strength.

比特币目前的交易价格低于$ 108K，这是一个关键的阻力水平。超过这一点的成功休息可能会推动它进入11万美元，并有可能进一步抛物线增长。纳斯达克纪录的每周纪录的结束也对比特币来说也很好，因为技术实力经常预示着加密货币的力量。

SEI: The Altcoin to Watch?

SEI：值得关注的Altcoin？

SEI is regaining attention, with both its chart and on-chain activity suggesting a potential trend reversal. Traders are noticing its focus on AI, central limit order books (CLOBs), and other fast-moving sectors. Social media buzz points to SEI as an undervalued Layer 1 chain, particularly as a first-mover in the Parallelized EVM space.

SEI正在引起注意，其图表和链活动表明潜在的趋势逆转。交易者注意到其专注于AI，中央限制订单（Clobs）和其他快速移动部门。社交媒体的嗡嗡声将SEI指向被低估的第1层链，尤其是在平行的EVM空间中的第一名。

SEI's Technical Outlook

SEI的技术前景

SEI's price action shows a projected bullish path, respecting an upward-sloping trendline. If it maintains key support levels, SEI could reach the $0.30 to $0.35 range in Q4 2025. A breakout above this zone could pave the way towards $0.40 or higher, contingent on broader market conditions.

SEI的价格动作显示了预计的看涨道路，尊重向上倾斜的趋势线。如果它保持关键支持水平，SEI可以在第4季度2025中达到0.30美元至0.35美元的范围。该区域上方的突破可能会铺平$ 0.40或更高的道路，取决于更广泛的市场条件。

Grayscale's Altcoin Picks: AVAX and Morpho In, XRP and ADA Out

灰度的Altcoin精选：Avax和Morpho IN，XRP和ADA淘汰

Grayscale's Q3 2025 “Top 20” altcoin list reveals interesting shifts. Avalanche (AVAX) and Morpho made the cut, while Lido DAO (LDO) and Optimism (OP) were removed. Grayscale cited project performance and sector-specific trends as drivers for these changes, especially in the smart contract platform space.

Grayscale的第三季度2025“前20名” Altcoin列表显示了有趣的转变。雪崩（Avax）和Morpho进行了削减，而Lido Dao（LDO）和乐观（OP）被删除。灰度将项目绩效和特定于行业的趋势作为这些变化的驱动力，尤其是在智能合约平台领域。

Avalanche's inclusion reflects growing network activity, driven by gaming and stablecoin usage. Morpho, a DeFi lending contender, boasts significant Total Value Locked and fee generation, with its V2 upgrade aiming to bridge traditional finance with on-chain lending.

雪崩的包容性反映了在游戏和稳定使用的驱动的驱动的网络活动。 Defi Lending竞争者Morpho拥有大量的总价值锁定和收费，其V2升级旨在用链贷款桥接传统的财务。

The continued exclusion of XRP and ADA from Grayscale's list raised eyebrows, impacting investor sentiment and causing price dips. Grayscale's evolving strategy suggests a pivot toward innovative platforms designed to meet the computational demands of the decentralized future, exemplified by their new investment vehicle, the Grayscale Space and Time Trust.

从Grayscale的名单中继续排除XRP和ADA引起了人们的关注，影响了投资者的情绪并引起了价格下跌。 Grayscale的不断发展的策略建议对创新平台进行枢纽，旨在满足分散的未来的计算需求，以其新的投资工具，灰度时空和时间信任为例。

Final Thoughts

最后的想法

Q3 and Q4 2025 promise to be exciting times in the crypto market. With institutional interest surging, governments exploring integration, and innovative altcoins like SEI and AVAX making moves, it's definitely a space to watch. So buckle up, crypto enthusiasts, it looks like we're in for a wild ride!

第三季度和第四季度2025承诺将在加密货币市场上成为激动人心的时期。随着机构的兴趣激增，政府探索整合，以及像SEI和Avax采取动作（例如SEI和Avax采取行动）的创新山寨币，这绝对是一个值得关注的空间。因此，加密爱好者搭扣，看起来我们很疯狂！