On Tuesday, the non-farm payrolls intervened early, and how significant will the interest rate hike in Japan be?

The possibility of Japan's interest rate cut is just a step away on December 19. Similarly, the Bank of Japan is set to raise interest rates on Friday to the highest level in 30 years. Despite facing resistance from U.S. tariffs and the influence of dovish appointments, the Bank of Japan has completed two rate hikes this year.

Concerns in the U.S. treasury market regarding 2026 seem to be increasing. The crypto market has restarted risk mitigation ahead of the New Year. Although the Federal Reserve may further cut rates, the upcoming personnel changes at the central bank are still putting pressure on market sentiment.

As for the recent volatility in the crypto market, last week, after the Federal Reserve's Powell announced rate cuts, there was no continued positive performance. Instead, retail investor sentiment remained biased towards bullish views. Future rate cuts are also framed as an optimistic outlook, but remember that expectations are not set in stone!

The fluctuations during the day speak for themselves, which can be classified as we mentioned earlier. Last night, the U.S. market fell sharply, while the Asian and European markets maintained upper pressure oscillations. The energy bars provided once again to the U.S. market, with bearish pressure from the previous week around the 94000 area down to the 90000 mark. On Monday, bearish pressure at the 91000 mid-pressure area, and the U.S. stocks fell below the 86000 support before closing, hitting a low of 85000.

Tonight, the rhythm before and after the non-farm payrolls remains unchanged, with the U.S. market in a sideways range around 87000. If it effectively tests the 85000 support today, consider adding to positions at 880-890 in batches. This week's bottom is seen at 83000-81000, and for new lows, we first need to observe the pullback situation before considering bottom space...

Ethereum is the same; the critical 3k level has already been breached. The bearish outlook for the day is around the 2950 area, and for the second position, we are looking at 2700-2600, which also stays here!

To cut a long story short, finally, everyone hold on to the 10.30 Nine Zero column...$BTC $ETH