比特币 (BTC) 重新测试 10 万美元水平后面临回调担忧

比特币 (BTC) 在重新测试 100,000 美元水平后最近形成看跌吞没蜡烛，引发了人们对 90,000 美元以下潜在回调的担忧。

Bitcoin (BTC) price dropped sharply on Jan. 8 after retesting the $100,000 level, forming a bearish engulfing candle on the daily chart. The drop came as key U.S. economic data signaled strength in the labor market.

1 月 8 日，比特币 (BTC) 价格在重新测试 10 万美元水平后大幅下跌，在日线图上形成看跌吞没蜡烛。下跌之际，美国主要经济数据表明劳动力市场强劲。

The BTC price flash crashed from $102,760 to $92,500 on Jan. 8 after data showed a stronger-than-expected increase in private payrolls in the United States. The data put pressure on equities and crypto markets, as traders anticipated a response from the Federal Reserve.

1 月 8 日，数据显示美国私人就业人数增长强于预期后，比特币价格从 102,760 美元暴跌至 92,500 美元。该数据给股市和加密货币市场带来压力，因为交易员预计美联储将做出回应。

However, analysts pointed to the increasing supply of stablecoins as a potential driver of future capital inflows into Bitcoin. Crypto analyst Miles Deutscher noted that stablecoins had entered “price discovery,” indicating the availability of liquidity that could support a BTC recovery in the coming months.

然而，分析师指出，稳定币供应的增加是未来资本流入比特币的潜在驱动力。加密货币分析师 Miles Deutscher 指出，稳定币已进入“价格发现”阶段，这表明流动性的可用性可以支持 BTC 在未来几个月的复苏。

“Stablecoins now in price discovery, signaling liquidity for the capital to flow back into BTC in the upcoming months,” Deutscher said in a Jan. 8 tweet.

“稳定币现在处于价格发现阶段，这表明资金的流动性将在未来几个月回流到 BTC，”Deutscher 在 1 月 8 日的推文中表示。

Stablecoin supply signals liquidity expansion

稳定币供应表明流动性扩张

Similarly, market analyst Jamie Coutts highlighted the increase in liquidity, which, when paired with strong dollar performance, could lead to higher Bitcoin prices within six months.

同样，市场分析师杰米·库茨（Jamie Coutts）强调了流动性的增加，如果与强劲的美元表现相结合，可能会在六个月内导致比特币价格上涨。

“Six months ago, the dollar was tanking and there was no liquidity in the market, hence the BTC price drop,” Coutts stated in a Jan. 8 analysis.

Coutts 在 1 月 8 日的分析中表示：“六个月前，美元下跌，市场没有流动性，因此 BTC 价格下跌。”

“Now, the dollar is strong and there's a huge amount of liquidity left in the market, setting up for new BTC price highs within six months.”)

“现在，美元走强，市场上还剩下大量流动性，比特币价格将在六个月内创下新高。”）

Data from Binance spot markets showed a progressive rise in USD volumes throughout the year, with America’s market share hitting an all-time high of 42% in the 2024-2025 session. The growth in USD volumes highlights the strength of the current market and suggests robust demand for BTC.

币安现货市场的数据显示，全年美元交易量逐步上升，美国市场份额在 2024-2025 年期间创下 42% 的历史新高。美元交易量的增长凸显了当前市场的实力，并表明对比特币的强劲需求。

Binance spot volumes reach all-time high

币安现货交易量创历史新高

Despite these positive liquidity signals, Bitcoin’s 5.15% drop on Jan. 8 erased four days of bullish momentum. Historical data shows that BTC has only recovered immediately after such dips 20% of the time.

尽管有这些积极的流动性信号，比特币 1 月 8 日的 5.15% 下跌抹去了四天的看涨势头。历史数据显示，20% 的情况下，BTC 只会在下跌后立即恢复。

Out of 15 pullbacks of 5% or more since January 2024, Bitcoin has registered an immediate rebound on just three occasions, suggesting a low probability of an uptrend in the short term.

自 2024 年 1 月以来，比特币经历了 15 次 5% 或以上的回调，其中只有 3 次立即反弹，这表明短期内上涨趋势的可能性很小。

“Four days of green candles erased after a 5% drop, historically BTC has only recovered immediately after such dips 20% of the time,” Miles Deutscher noted in a Jan. 8 analysis.

Miles Deutscher 在 1 月 8 日的分析中指出：“在下跌 5% 后，连续四天的绿色蜡烛消失了，从历史上看，只有 20% 的情况下，BTC 才会在下跌后立即反弹。”

“This time around, we're in a bull market and after a 5% drop, BTC has recovered immediately three out of 15 times since January 2024.”)

“这一次，我们正处于牛市，在下跌 5% 后，自 2024 年 1 月以来，BTC 15 次中有 3 次立即反弹。”）

Crypto trader Krillin predicted that Bitcoin could consolidate between $92,000 and $90,000 throughout January before a potential market pump in February.

加密货币交易员 Krillin 预测，在 2 月份市场出现潜在上涨之前，整个 1 月份比特币可能会在 92,000 美元至 90,000 美元之间盘整。

“Consolidating between $92,000 and $90,000 for the rest of the month before another market pump in February,” Krillin stated in a Jan. 8 analysis.

Krillin 在 1 月 8 日的分析中表示：“在 2 月份市场再次上涨之前，本月剩余时间价格将在 92,000 美元至 90,000 美元之间盘整。”

“Taking out equal lows of around $90,000 before aiming for new highs.”)

“在瞄准新高之前，先跌破约 90,000 美元的同等低点。”）

If Bitcoin closes below $90,000 on the daily chart, analysts warn of a deeper crash. A confirmed inverse head-and-shoulders pattern could lead to a further 20% drop, potentially targeting $71,500.

如果比特币在日线图上收于 90,000 美元以下，分析师警告称，可能会出现更严重的崩盘。确认的反向头肩形态可能会导致进一步下跌 20%，目标价可能为 71,500 美元。