Analysis: The market is closely watching several macroeconomic data releases next week; if BTC falls below $86,000, a larger correction may occur.

Odaily Odaily reports that the cryptocurrency market remained weak on Sunday, with Bitcoin falling below the $90,000 mark. The market appears to be pausing before a series of macroeconomic data releases in the coming days. Investors will be closely watching a range of employment indicators, including the unemployment rate, ADP employment data, and weekly initial jobless claims, as well as November inflation data and the yen's interest rate hike. Currently, the cryptocurrency market remains range-bound with low trading volume and limited market confidence. Analyst Ali Martinez points out that $86,000 remains a crucial level for Bitcoin to hold; a breach of this support level could lead to a more significant pullback. (CoinDesk)