The crypto market is facing renewed pressure as macro headwinds return, putting a dampener on the recent bullish mood.

随着巨大的逆风恢复，加密市场正面临着新的压力，使湿气陷入了最近的看涨情绪。

ADP's private employment report showed that U.S. companies cut back on hiring in December as the Omicron variant hit. The report follows closely held government statistics that showed a strong gain of 507,000 jobs in December, nearly double economists' expectations.

ADP的私人就业报告显示，随着Omicron型号的流行，美国公司在12月削减了招聘。该报告紧密地持有政府的统计数据，该统计数据显示，12月的大幅增加了507,000个工作岗位，几乎是经济学家的期望。

The crypto market is also grappling with renewed tariff uncertainty, which has potential to further dampen investor sentiment.

加密市场还正在努力应对新的关税不确定性，这有可能进一步抑制投资者的情绪。

Here's a snapshot of some key developments and statistics in the crypto market on Thursday:

这是周四加密市场中一些关键发展和统计数据的快照：

Top Losers (24 Hour)

顶级失败者（24小时）

Trader Notes:

交易者注释：

Crypto trader Kevin has been persistently warning for weeks that Bitcoin is in a critical danger zone below $106,800. In his latest note, he urged traders to avoid overanalyzing and instead approach the market with maximum caution.

加密货币交易员凯文（Kevin）一直在警告几周，即比特币处于关键的危险区域低于$ 106,800。在他的最新消息中，他敦促交易者避免过度分析，而要谨慎行事。

“Don’t get hit by a bear market because you’re too busy analyzing every little chart pattern. There is no time for false optimism,” he said.

他说：“不要因为熊市的忙碌而受到打击，因为您太忙于分析每个小图表模式。没有时间有虚假的乐观情绪。”

Trader notes: Crypto trader Kevin has been persistently warning for weeks that Bitcoin is in a critical danger zone below $106,800. In his latest note, he urged traders to avoid overanalyzing and instead approach the market with maximum caution.

交易者注意：加密交易者凯文（Kevin）一直警告说，比特币处于低于106,800美元的关键危险区域。在他的最新消息中，他敦促交易者避免过度分析，而要谨慎行事。

“Don’t get hit by a bear market because you’re too busy analyzing every little chart pattern. There is no time for false optimism,” he said.

他说：“不要因为熊市的忙碌而受到打击，因为您太忙于分析每个小图表模式。没有时间有虚假的乐观情绪。”

In a follow-up post, Kevin outlined two scenarios:

在后续文章中，凯文概述了两种情况：

Bearish case: A breakdown below $100,000–$103,000 could trigger a ~5% drop, aligning with the 0.5 Fib level and the daily super trend.

看跌案：低于$ 100,000- $ 103,000的细分可能会触发约5％的下降，与0.5 fib水平和每日超级趋势保持一致。

Bullish case: A reclaim of $106,800 would likely mark a scary but healthy retest, signaling a recovery.

看涨案：回收106,800美元可能会标志着可怕但健康的重新测试，表明恢复。

He also flagged a key warning that multiple daily closes below $829 billion on Total 3 (altcoin market cap excluding BTC and ETH) would confirm a broader altcoin breakdown.

他还标记了一个关键警告，即每天的总计3.29亿美元（总计3（Altcoin市值）不包括BTC和ETH）将确认更广泛的Altcoin崩溃。

Crypto chart analyst Ali Martinez noted that Bitcoin's MVRV Ratio has slipped below its 200-day SMA, which historically signals growing bearish momentum and hence, greater potential for downside.

加密图表分析师阿里·马丁内斯（Ali Martinez）指出，比特币的MVRV比率已低于其200天的SMA，历史上标志着越来越多的看跌势头，因此更大的下跌潜力。

"Bitcoin's MVRV Ratio has slipped below its 200-day SMA for the first time since November 2022," said Martinez.

马丁内斯说：“自2022年11月以来，比特币的MVRV比率首次下跌了200天的SMA。”

"This is noteworthy because, in the past, sustained periods of the MVRV Ratio trading below its 200-day SMA have coincided with periods of amplified bearish momentum and heightened potential for further downside."

“这是值得注意的，因为过去，MVRV比率交易的持续时期低于其200天的SMA，这与放大的看跌势头的时期相吻合，并提高了进一步的缺陷潜力。”

Chart: Ali Martinez / Data Via Glassnode

图表：Ali Martinez /通过玻璃节的数据

Adding to the cautious tone, Rekt Capital said Bitcoin is now in a transitional phase, attempting a post-breakout retest of its re-accumulation range.

Rekt Capital更加谨慎地说，比特币现在正处于过渡阶段，试图重新爆发其重新蓄能范围的重新爆发。

Successfully holding this zone would confirm the shift into a new Price Discovery Uptrend (Phase 2). However, volatile deviations could occur before confirmation.

成功握住该区域将确认转向新的价格发现上升趋势（第2阶段）。但是，在确认之前可能会发生挥发性偏差。