BlockBeats News, December 15th. Recently, the US labor market has continued to cool down, with the unemployment rate rising to 4.4%. Recruitment has been weak, layoffs steadily increasing, leading to a state of "low recruitment, low layoffs" stagnation. Several economists have warned that if the employment situation in core industries further deteriorates, the labor market may face significant downward pressure by 2026, and the Federal Reserve has also acknowledged significant downside risks in the job market. While the market remains divided on the "aftermath of a soft landing" and the potential recession, macro uncertainty has become a consensus.On the cryptocurrency market front, Bitcoin (BTC) has recently entered a consolidation phase, with heavy liquidation pressure concentrated around 90,144, 91,000, and 91,300, indicating that selling pressure and leverage risk remain high during the rebound. The key support level below is at 87,500, and if broken, it may trigger a new round of passive deleveraging. Short-term price action is more likely to remain in a range-bound state, awaiting clear guidance from macro data and liquidity direction.Bitunix Analyst:Against the backdrop of synchronized slowdown in employment and growth, market risk appetite is easily affected. Whether Bitcoin (BTC) can effectively hold above the liquidation zone will be a key observation point to determine the continuity or weakening of the market trend. Meanwhile, in the second half of the month, there will be dense central bank interest rate decisions globally, which may readjust liquidity expectations for 2026.