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Crypto market participants are closely following the developments below, which will determine the direction of the market ahead:
Keep a close eye on the Federal Reserve's movements: The December Federal Reserve meeting will be the next key indicator. In addition, the upcoming U.S. employment data for September may also provide new directional guidance for the market.
Key price support level: If the Bitcoin price remains below $100,000, it may trigger a more severe sell-off, with the next target level to follow being the low of around $74,000 in April. The options market also shows that some traders are preparing for Bitcoin to drop to $85,000 or even $80,000.
Ethereum's technological upgrade: Despite the low market sentiment, Ethereum's Fusaka upgrade is still scheduled to take place on December 3, 2025. This upgrade aims to enhance the network's scalability and reduce transaction fees. However, there are viewpoints suggesting that short-term macro factors may overshadow the benefits brought by the technical improvements. #今日你看涨还是看跌?