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Analyst Liang Qiu: Will Bitcoin/Ethereum surge again on October 15 and the trend shift and rise?

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Bitcoin and Ethereum saw another surge in the afternoon, though Bitcoin's gains remained modest. Meanwhile, the pair surged past 4200, reaching a high of 4215 before retreating near the 10-day moving average near 4230. Bitcoin, however, remained consolidating below 113,600, failing to break through. Following these repeated surges, the market has room for further decline. The hourly and four-hour charts also reached a key level from the previous night. Watch for a breakout and consolidation at this level tonight. If so, a further breakout and consolidation could signal a new upward trend. However, before this level holds, consider shorting at this level, anticipating a potential pullback. Tonight's trading recommendations: Short Bitcoin around 113,100-113,500, targeting 110,500; short Ethereum around 4190-4220, targeting 4060, with potential targets at 114,000 and 4290.
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