Crypto于2025年9月26日下降：这是怎么回事？

加密货币市场于2025年9月26日下降。该博客文章介绍了经济低迷的原因，分析了市场趋势，投资者情绪和潜在的恢复点。

Alright, crypto fam, let's talk about what happened on September 26, 2025. The market took a bit of a tumble, and everyone's wondering why. Let's break it down, New Yorker style, and see if we can't figure out what's what.

好吧，加密货币fam，让我们谈谈2025年9月26日发生的事情。市场有点滚滚，每个人都想知道为什么。让我们将其分解，纽约客的风格，看看是否不知道是什么。

The Big Picture: Red Across the Board

大局：台面红色

The global crypto market cap dropped by 2.2%, settling at $3.83 trillion. Trading volume was up, hitting $237.1 billion, but that wasn't enough to stop the downward pressure on major digital assets. Investor sentiment? Not great, Bob.

全球加密货币市值下降了2.2％，定居于3.83万亿美元。交易量增加了，达到2371亿美元，但这还不足以阻止对主要数字资产的下降压力。投资者的情绪？不好，鲍勃。

• Bitcoin (BTC) fell 2.1% to around $109,252 (ouch!)
• Ethereum (ETH) dropped 3.3% to $3,895 (double ouch!)
• Solana (SOL) took a bigger hit, down 4.6% to $193.51

Basically, if you were holding, you were probably feeling it. But hey, that's crypto, right?

基本上，如果您拿着，您可能会感觉到它。但是，嘿，是加密货币，对吗？

Why the Downturn? Blame Game Time

为什么要低迷？怪游戏时间

So, what's behind all this red? A few things:

那么，所有这些红色背后是什么？几件事：

• Investor Exhaustion: After the Fed's rate cut, people started cashing out. Glassnode reported long-term holders realizing profits, and ETF inflows slowed. Basically, folks were tired.
• Fear and Greed: The Crypto Fear & Greed Index dipped to 28, the lowest since April. When people get scared, they sell. Simple as that.
• ETF Outflows: Both Bitcoin and Ethereum spot ETFs saw significant outflows. Investors were pulling their money out of the funds.
• Macro Uncertainty: The Federal Reserve hinted that significant rate cuts were unlikely in the short term, making risk assets like crypto less appealing. Rising U.S. Treasury yields didn't help either.

Bitcoin's Woes: A Deeper Dive

比特币的困境：更深的潜水

Bitcoin showed signs of a potential correction. Long-term holders were realizing profits at levels usually seen near market cycle peaks. Markus Thielen from 10x Research warned that investors positioned for a Q4 rally might be caught off guard.

比特币显示出潜在校正的迹象。长期持有人正在认识到通常在市场周期峰值峰值的水平上获得利润。 10倍研究的马库斯·泰伦（Markus Thielen）警告说，措手不及的投资者可能会措手不及。

Key levels to watch? $108,700 was a critical support. If BTC broke below that, the next stop was $107,000, then $105,000. On the upside, bulls needed to reclaim $111,000–$113,000 to avoid further liquidations.

观看的关键水平？ $ 108,700是一个重要的支持。如果BTC低于此，则下一站为107,000美元，然后是105,000美元。从好的方面来说，公牛需要收回$ 111,000- $ 113,000，以避免进一步的清算。

Ethereum's Struggle: Holding On

以太坊的斗争：坚持

Ethereum was hovering just below the $4,000 psychological level. If it failed to hold above $3,850, support lay at $3,750 and $3,600. A short-term recovery faced resistance at $4,000, with further hurdles at $4,200 and $4,400.

以太坊徘徊在4,000美元的心理水平以下。如果它未能持有3,850美元以上，则支持为3,750美元和3,600美元。短期恢复面临4,000美元的阻力，进一步的障碍为4,200美元和4,400美元。

Silver Linings? Maybe.

银衬？或许。

It wasn't all doom and gloom. Some smaller tokens like SQD, Concordium, and Wrapped XPL saw significant gains. And while Bitcoin and Ethereum were struggling, there's always the potential for a Q4 rally.

这不是厄运和忧郁。一些较小的令牌，例如SQD，Concordium和包装XPL，看到了很大的收益。虽然比特币和以太坊都在挣扎，但总有Q4集会的潜力。

Also, XRP had some positive news. Despite the price drop, Ripple launched a stablecoin, deployed an Ethereum-compatible sidechain, and the SEC approved the first XRP ETF in the U.S.

另外，XRP有一些积极的消息。尽管价格下跌，但Ripple推出了一个稳定的，部署了以太坊兼容的Sidechain，SEC批准了美国的第一个XRP ETF

What to Watch For

要注意什么

• Legislative Clarity: The CLARITY Act could provide a legal framework for crypto financial services.
• Stablecoins and Tokenization: Stablecoins may become foundational infrastructure, and tokenization of real-world assets continues to gain traction.
• Bitcoin's Performance: XRP's performance will depend on Bitcoin. If Bitcoin stabilizes, XRP could regain ground.

Final Thoughts: Keep Your Chin Up

最终想法：保持下巴

September 26, 2025, wasn't a great day for crypto. But hey, it's a volatile market. There were a few bright spots and things to keep an eye on. So, keep your chin up, do your research, and remember, what goes down must come up... eventually. Right?

2025年9月26日，对于加密货币来说并不是美好的一天。但是，嘿，这是一个动荡的市场。有一些亮点，要关注的东西。因此，请保持下巴，进行研究，并记住，最终必须出现。正确的？