是否可以在其他上下文中使用带有响应（钩子）的上下文？

是的，有可能，您需要useContext在ContextTwo包装器内，例如：

const ContextOne = createContext();
const ContextTwoInner = createContext();

const ContextTwo = ({ value, children }) => {
  const valueOne = useContext(ContextOne);
  console.log(valueOne);

  return (
    <ContextTwoInner.Provider value={value}>
      {children}
    </ContextTwoInner.Provider>
  );
};

// For OP's code to work
ContextTwo.Provider = ContextTwo;


// Logs valueOne
const App = () => {
  return (
    <ContextOne.Provider value={valueOne}>
      <ContextTwo.Provider value={valueTwo}>
        <div>Hello</div>
      </ContextTwo.Provider>
    </ContextOne.Provider>
  );
};