Tuesday Trading Reference

The key market driver today remains the release of non-farm payroll data. The market opened somewhat weak, so let's review the core logic:

From the news perspective—The Bank of Japan will announce its interest rate decision on the 19th, with expectations of a rate hike intensifying, which could pressure risk assets. The non-farm payroll data is released today and is highly anticipated; market expectations are for steady performance, and the results will directly influence the Federal Reserve's future policy direction, so this must be closely watched. Additionally, US stocks have recently begun to adjust, and risk aversion sentiment may further spread to the crypto market.

From a technical perspective: #美国证券交易委员会推进数字资产监管框架创新 has been consolidating below 87,000. It is recommended to take a light position on short orders, adding more after a rebound, with a target around 83,500. $BTC has already broken below the key support of 3,000, indicating a clear bearish pattern, and it is likely to test around 2,660 later. Overall, the focus remains on short positions. $ETH remains cautious.