In the upcoming week, the cryptocurrency market will witness a series of significant economic events that could have a substantial impact on digital assets such as Bitcoin and Ethereum. Investors need to pay close attention, as this is not only related to price fluctuations but may also trigger a significant shift in overall market sentiment.

First, the Federal Reserve is about to hold the FOMC meeting, which is one of the focal points of the market. The results of the meeting will be announced early Thursday morning, followed by a press conference from Fed Chairman Powell. Given that the U.S. job market remains strong and core inflation is still resilient, the market generally expects that this meeting will release a hawkish signal. If the Federal Reserve hints at the possibility of continuing interest rate hikes in the future, it is likely to put pressure on Bitcoin prices, prompting investors to turn to traditional safe-haven assets such as U.S. Treasuries and the U.S. dollar.

Secondly, several key employment data will be released this week, including the ADP employment report, non-farm payroll data, and weekly initial jobless claims. This data will provide important indicators of the health of the U.S. labor market. In particular, the non-farm payroll data released on Friday is expected to be lower than anticipated. If the actual data is significantly below expectations, it could spark market expectations for a shift in Federal Reserve policy, thereby driving a short-term rise in Bitcoin.

It is worth noting that these macroeconomic events often trigger significant fluctuations in the cryptocurrency market. Investors should exercise caution, as the market is prone to 'false breakouts' around the release of important data, which may lead to incorrect investment judgments.

Overall, the cryptocurrency market will face multiple challenges in the coming week. Investors need to take into account various economic indicators, weigh potential risks and opportunities, and prepare for possible market fluctuations. Whether it's Bitcoin, Ethereum, or other alternative coins, it is difficult to remain independent of the global economic environment. Therefore, closely monitoring these key events is crucial for understanding and predicting the trends in the cryptocurrency market.