随着“上涨抛售”行动的继续，比特币 (BTC) 回落至 5.7 万美元以下

一位分析师表示，加密货币疲软可能是传统风险资产的一个危险信号。

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.

比特币（BTC）价格周四回落至 57,000 美元关键水平下方，扭转了前一交易日的涨幅，因为对美国经济强劲的持续担忧促使投资者在风险资产反弹时抛售风险资产。

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.

截至发稿时，比特币下跌超过 2%，跌破 56,700 美元。价格于 8 月 25 日达到 65,000 美元上方的峰值，此后一直在下跌，下降趋势的特点是短暂、浅层的波动，这是持续的“上涨卖出”心态的迹象。

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.

根据 CoinDesk 的数据，大多数其他加密货币，包括以太币 (ETH)、XRP、TON 等，也抹去了周三的反弹，24 小时交易基本没有变化。作为衡量更广泛加密市场的指标，CoinDesk 20 指数 (CD20) 最近上涨了 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.

数字资产咨询公司 BRN 分析师瓦伦丁·福尼尔 (Valentin Fournier) 表示，比特币的抛售倾向可能源于对美国经济衰退风险不断增加的担忧，这种情绪有利于减少风险资产的敞口。

"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."

“经济报告越来越多地表明经济衰退的风险不应被低估，”福尼尔在给 CoinDesk 的电子邮件中表示。 “ISM制造业指数比预期下降0.5%，职位空缺数量为770万个，而预期为810万个。”

"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 补充道：“鉴于当前的经济不确定性和流动性下降的可能性，我们建议减少对 BTC 的投资，并在增加投资之前等待更好的切入点。”

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.

美国劳工统计局周三公布职位空缺和劳动力流动率调查（JOLTS），显示7月最后一个工作日职位空缺数为767万个，低于市场预期的810万个，也弱于向下修正的数据根据数据源 FXstreet 的数据，6 月份的数字为 790 万。

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.

与此同时，ZipRecruiter 首席经济学家朱莉娅·波拉克 (Julia Pollak) 表示，美联储的褐皮书（对经济状况的评论摘要）是多年来最悲观的，指出“劳动力市场正在放缓、疲软”。

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.

周二，ISM 制造业 PMI 表明 8 月份经济活动持续萎缩，上月初曾引发风险资产（其中包括加密货币）的增长恐慌再度重演。

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.

疲软的数据增强了美联储降息的押注，尽管迄今为止未能为比特币价格奠定基础。

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 高级市场分析师 Alex Kuptsikevich 告诉 CoinDesk，比特币的疲软可能对传统风险资产来说是一个危险信号。

"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：“加密货币的疲软可能是风险偏好非常有限的表现，其他市场可能很快就会追随加密货币的脚步。”他指出，比特币无法从近期的疲软中汲取持久的力量。在美元指数中。

"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.

“比特币在过去 11 天中连续第九天下跌，因为它试图在 200 日均线上方盘整，引发了加剧的抛售。随着价格继续测试过去四个月的低点，这种模式持续到周四上午。 ”，库普茨克维奇在一封电子邮件中补充道。