Bitunix Analyst: U.S. Employment Stalls, Macro Stagnation Risks Persist, Crypto Market Focuses on Key Liquidation Zones

BlockBeats News, December 15 — Recently, the US labor market has continued to cool down, with the unemployment rate rising back to 4.4%. Hiring remains weak, layoffs are steadily increasing, forming a stagnation state of “low hiring, low layoffs.” Several economists warn that if employment in core industries further deteriorates, the labor market may face significant downward pressure in 2026. The Federal Reserve has also acknowledged the presence of notable downside risks in the employment market. Market opinions remain divided on the “aftereffects of soft landing” and potential recession, but macroeconomic uncertainty has become a consensus.

In the cryptocurrency market, Bitcoin (BTC) has recently entered a consolidation range. The concentrated liquidation pressure above is around 90,144, 91,000, and 91,300, indicating that selling pressure and leverage risks remain high during the rebound. The key support level below is at 87,500; if broken, it could trigger a new round of passive deleveraging. In the short term, the market is more likely to maintain range-bound oscillation, awaiting clear guidance from macro data and liquidity trends.

Bitunix analyst: In the context of simultaneous slowdown in employment and growth, market risk appetite is easily impacted. Whether Bitcoin (BTC) can effectively hold above the liquidation zone will be a key indicator to judge whether the trend continues or weakens. Meanwhile, in the second half of the month, there will be intensive rate decisions from various central banks, which may redefine liquidity expectations for 2026.