#BinanceABCs Tuesday Morning Digital Asset Market Trend Analysis

Dear traders, good morning! There are quite a few highlights in today’s market, let’s break them down.

**News Highlights**

The Bank of Japan’s interest rate decision is imminent (December 19), and the market generally expects this to trigger an interest rate hike cycle, with the Nikkei already reacting in advance. This puts short-term pressure on risk assets.

Today’s non-farm payroll data will be a major focus. Powell’s previous comments have signaled a dovish stance, and everyone is quite optimistic about this data release. However, once the data is out, it will directly determine the Fed’s subsequent rate cut pace — this is the most critical point today.

Based on historical patterns and current economic fundamentals, non-farm payrolls are likely to show a decent report. Coupled with the recent correction in US stocks, short-term risk aversion sentiment may further intensify.

**Technical Analysis and Trading Ideas**

$BTC Overnight consolidation below 87,000, light short positions can be initiated during the European and American sessions, adding to positions on rebounds, with the first target around 83,500.

$ETH The situation is clearer — the key support at 3000 has been broken, and the bearish trend is hard to change. It’s likely to test the 2660 level next. Trading-wise, follow the bearish trend, there’s no need to hesitate.

$BNB Is also following the trend adjustment, maintaining overall rhythm in line with the market.