Concerns about a U.S. recession are growing, and Bitcoin's trend is temporarily in a state of confusion.

The "September curse" affects global financial markets, and U.S. stocks and crypto markets struggled on Wednesday. The S&P and Nasdaq fell slightly, while the Dow rose slightly. In the crypto market, Bitcoin rebounded to $58,010 after hovering at the $56,000 support level, and altcoins performed differently.

U.S. job vacancies fell to the lowest level since early 2021 in July, exacerbating concerns about a recession. The market expects the Federal Reserve to increase the probability of a rate cut on September 18, and the positive yield curve of Treasury bonds has triggered recession expectations.

Bitcoin's trend is unclear. Although short-term selling pressure may weaken, it is still in the middle of the downward channel. Analysts warn that Bitcoin may fall below $50,000 unless it breaks through the key area of ​​$59,000. Investors should be cautious, pay attention to the Fed's policies and economic data, adopt a batch buying strategy, allocate large-cap crypto assets, set stop-loss and take-profit points, stay calm, and avoid emotional operations. Poor US economic data and expectations of interest rate cuts have increased market uncertainty. Investors need to pay close attention to policy trends and data releases, flexibly adjust strategies, and do a good job of risk management.