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- MC:$3.45KHolders:10.00%
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Sigh, everyone is starting to turn bearish.
Analysis: The market is closely watching several macroeconomic data releases next week. If BTC falls below $86,000, there could be a larger correction.
The overall trend in the cryptocurrency market on Sunday remains weak. Bitcoin has fallen below the $90,000 threshold, and the market seems to be pausing ahead of a series of macroeconomic data releases in the coming days. Investors will be paying close attention to a series of employment indicators, including the unemployment rate, ADP employment data, and weekly initial jobless claims. They will also be watching November inflation data and yen rate hikes. Currently, the cryptocurrency market remains range-bound with low trading volumes and limited market confidence.
Analyst Ali Martinez points out that $86,000 still represents an important support level for Bitcoin. If this support is broken, a more significant correction could occur. $BNB
{future}(BNBUSDT)