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1. 数据读出来全FFFF,是不是你的MDIO就没游正常工作,时序没写好。
2. 模式的配置,你看下Strap Options下面的管脚介绍,这些管脚在上电时,会决定芯片的工作模式
另外,50MHz的时钟别搞错了。