比特币 (BTC) 价格 1 月 8 日再次下跌，在日线图上形成看跌吞噬烛台模式

美国劳工统计局的数据显示，截至11月底，美国创造了810万个就业岗位，超过预期的774万个。

Bitcoin (BTC) price fell again on January 8, forming a bearish engulfing candlestick pattern on the daily chart. This intraday decline marks the second-largest drop for BTC in nearly 19 weeks.

1 月 8 日，比特币 (BTC) 价格再次下跌，在日线图上形成看跌吞没烛台形态。此次盘中跌幅标志着 BTC 近 19 周以来的第二大跌幅。

With the latest U.S. jobs report indicating a gain of 8.1 million jobs by the end of November and an unemployment rate of 3.1%, the data came in stronger than the anticipated 7.74 million jobs, impacting the stock and cryptocurrency markets. As a result, Bitcoin price dropped from $102,760 to $92,500.

美国最新就业报告显示，截至 11 月底就业岗位增加 810 万个，失业率为 3.1%，该数据强于预期的 774 万个就业岗位，对股市和加密货币市场产生影响。结果，比特币价格从 102,760 美元跌至 92,500 美元。

While the development sparked broader bearish expectations, cryptocurrency analyst Miles Deutscher highlighted that the supply of stablecoins has entered a “price discovery” phase. This indicates more liquidity is available in the current crypto ecosystem. The increase in stablecoin supply suggests that more funds may flow in over the coming months.

尽管这一事态发展引发了更广泛的看跌预期，但加密货币分析师 Miles Deutscher 强调，稳定币的供应已进入“价格发现”阶段。这表明当前的加密生态系统中有更多的流动性。稳定币供应的增加表明未来几个月可能会有更多资金流入。

Market analyst Jamie Coutts shared a similar perspective, anticipating more liquidity coming in, potentially leading to a rise in BTC prices in six months. Based on the strengthening U.S. dollar, Coutts mentioned that Bitcoin could have dropped to $80,000, but the potential strength of buying in the BTC market indicates that market expectations remain high.

市场分析师 Jamie Coutts 也持有类似的观点，预计更多的流动性将会涌入，这可能会导致 BTC 价格在六个月内上涨。 Coutts提到，基于美元走强，比特币可能会跌至8万美元，但比特币市场的潜在买盘强度表明市场预期仍然很高。

Compared to previous bull markets, the current bull market has shown more liquidity. Recently, data analyst Roman Zinovyev emphasized that the dollar trading volume on the Binance spot market has gradually increased since 2020. As shown in the chart, the market share in the Americas reached a historic high of 42% during the 2024-2025 period.

相比之前的牛市，当前的牛市表现出了更多的流动性。近日，数据分析师Roman Zinovyev强调，币安现货市场的美元交易量自2020年以来逐渐增加。如图所示，美洲市场份额在2024-2025年期间达到42%的历史新高。

Despite the strong on-chain developments, Bitcoin’s 5.15% decline wiped out the gains from the previous four days. The probability of an immediate rebound after a drop of 5% or more is also not promising.

尽管链上发展强劲，但比特币 5.15% 的跌幅抹去了前四天的涨幅。下跌5%或更多后立即反弹的可能性也不容乐观。

As shown in the chart, since January 2024, Bitcoin has experienced 15 pullbacks of 5% or more. Of these 15 instances, BTC only rebounded immediately on three occasions, resulting in just a 20% probability. Therefore, from a probabilistic perspective, BTC is unlikely to experience a strong upward movement immediately.

如图所示，自2024年1月以来，比特币已经经历了15次5%以上的回调。在这 15 次中，BTC 仅立即反弹了 3 次，概率仅为 20%。因此，从概率的角度来看，BTC不太可能立即出现强劲的上涨走势。

Cryptocurrency trader Krillin mentioned that Bitcoin might accumulate between $92,000 and $90,000 in January, followed by a market rally in the coming month.

加密货币交易员 Krillin 表示，比特币 1 月份可能会上涨 92,000 美元至 90,000 美元，随后下个月市场就会反弹。

On the other hand, cryptocurrency and stock investor Jelle expressed a different perspective after the market buying failed to sustain BTC above $100,000. This investor expects a low point around $90,000 to be reached, stating, “Back to the original plan; wait for the low point to be reached before making new highs.”

另一方面，在市场买盘未能将 BTC 维持在 10 万美元以上后，加密货币和股票投资者 Jelle 表达了不同的观点。这位投资者预计将达到 90,000 美元左右的低点，并表示，“回到原来的计划；等待达到低点后再创出新高。”

If the daily close falls below $90,000, a deeper Bitcoin crash may occur. Such a level would confirm a head and shoulders reversal pattern, potentially leading to severe consequences. For instance, BTC could further decline by 20%, with a price target of $71,500.

如果每日收盘价跌破 90,000 美元，则可能会发生更严重的比特币崩盘。这样的水平将确认头肩反转模式，可能导致严重后果。例如，BTC 可能会进一步下跌 20%，目标价格为 71,500 美元。