隨著「上漲拋售」行動的繼續，比特幣 (BTC) 回落至 5.7 萬美元以下

一位分析師表示，加密貨幣疲軟可能是傳統風險資產的危險訊號。

Bitcoin (BTC) price retraced below the key $57,000 level on Thursday, reversing gains from the previous session as lingering concerns about the strength of the U.S. economy prompted investors to sell risk assets as they rebounded.

比特幣（BTC）價格週四回落至 57,000 美元關鍵水平下方，扭轉了前一交易日的漲幅，因為對美國經濟強勁的持續擔憂促使投資者在風險資產反彈時拋售風險資產。

Bitcoin dropped over 2% to trade below $56,700 at press time. Prices peaked above $65,000 on Aug. 25 and have been falling ever since, with the downtrend characterized by brief, shallow bumps, a sign of a persistent "sell-on-rise" mentality.

截至發稿時，比特幣下跌超過 2%，跌破 56,700 美元。價格於 8 月 25 日達到 65,000 美元上方的峰值，此後一直在下跌，下降趨勢的特點是短暫、淺層的波動，這是持續的「上漲賣出」心態的跡象。

Most other cryptocurrencies, including ether (ETH), XRP, TON and others, also erased Wednesday's bounces, trading largely unchanged on a 24-hour basis, according to CoinDesk data. The CoinDesk 20 Index (CD20), a measure of the broader crypto market, was recently 0.9% higher.

根據 CoinDesk 的數據，大多數其他加密貨幣，包括以太幣 (ETH)、XRP、TON 等，也抹去了周三的反彈，24 小時交易基本上沒有變化。作為衡量更廣泛加密市場的指標，CoinDesk 20 指數 (CD20) 最近上漲了 0.9%。

Bitcoin's sell-on-rise bias likely stems from concern that U.S. recession risks are growing, a sentiment that favors reduced exposure to risk assets, according to Valentin Fournier, an analyst at digital assets advisory firm BRN.

數位資產諮詢公司 BRN 分析師 Valentin Fournier 表示，比特幣的拋售傾向可能源於對美國經濟衰退風險不斷增加的擔憂，這種情緒有利於減少風險資產的曝險。

"Economic reports are increasingly suggesting the risk of a recession should not be discounted," Fournier said in an email to CoinDesk. "The ISM manufacturing index has fallen 0.5% below expectations, and job openings are at 7.7 million compared to the anticipated 8.1 million."

「經濟報告越來越表明經濟衰退的風險不應被低估，」福尼爾在給 CoinDesk 的電子郵件中表示。 “ISM製造業指數比預期下降0.5%，職位空缺數量為770萬個，而預期為810萬個。”

"Given the current economic uncertainties and potential for decreased liquidity, we recommend reducing exposure [to BTC] and waiting for a better entry point before increasing investments," Fournier added.

Fournier 補充道：“鑑於當前的經濟不確定性和流動性下降的可能性，我們建議減少對 BTC 的投資，並在增加投資之前等待更好的切入點。”

The U.S. Bureau of Labor Statistics published the Job Openings and Labor Turnover Survey (JOLTS) on Wednesday, showing the number of job openings on the last business day of July at 7.67 million, missing the market expectation of 8.1 million and weaker than the downwardly revised June figure of 7.9 million, according to data source FXstreet.

美國勞工統計局週三公佈職位空缺和勞動力流動率調查（JOLTS），顯示7月最後一個工作日職位空缺數為767萬個，低於市場預期的810萬個，也弱於向下修正的數據根據資料來源FXstreet 的數據，6 月的數字為790 萬。

Meanwhile, the Federal Reserve's Beige Book, a summary of commentary on economic conditions, was the most downbeat in ages, pointing to a "slowing, slackening labor market," according to Julia Pollak, chief economist at ZipRecruiter.

與此同時，ZipRecruiter 首席經濟學家朱莉婭·波拉克 (Julia Pollak) 表示，聯準會的褐皮書（對經濟狀況的評論摘要）是多年來最悲觀的，指出「勞動力市場正在放緩、疲軟」。

On Tuesday, the ISM manufacturing PMI signaled a continued contraction in the activity in August, reviving the growth scare that rocked risk assets, cryptocurrencies among them, early last month.

週二，ISM 製造業 PMI 顯示 8 月經濟活動持續萎縮，上月初曾引發風險資產（其中包括加密貨幣）的成長恐慌再度重演。

The weak data has emboldened bets for Federal Reserve interest-rate cuts, although it has failed to put a floor under BTC's price so far.

疲軟的數據增強了聯準會降息的押注，儘管迄今未能為比特幣價格奠定基礎。

Alex Kuptsikevich, senior market analyst at The FxPro, told CoinDesk that the weakness in bitcoin might be a red flag for traditional risk assets.

FxPro 高級市場分析師 Alex Kuptsikevich 告訴 CoinDesk，比特幣的疲軟可能對傳統風險資產來說是一個危險信號。

"It is possible that the weakness in cryptocurrencies is a manifestation of a very limited risk appetite, and the rest of the markets may soon follow the lead of cryptocurrencies," Kuptsikevich said, noting BTC's inability to draw long-lasting strength from the recent weakness in the dollar index.

Kuptsikevich 表示：「加密貨幣的疲軟可能是風險偏好非常有限的表現，其他市場可能很快就會追隨加密貨幣的腳步。」他指出，比特幣無法從近期的疲軟中汲取持久的力量。中。

"Bitcoin is down for the ninth day out of the last 11 as its attempt to consolidate above the 200-day average triggered an intensified sell-off. This pattern persists into Thursday morning as the price continues to test the lows of the last four months," Kuptsikevich added in an email.

「比特幣在過去11 天中連續第九天下跌，因為它試圖在200 日均線上方盤整，引發了加劇的拋售。隨著價格繼續測試過去四個月的低點，這種模式持續到週四上午。