BTC and ETH operational suggestions and trend analysis: 10/17
On the 4-hour chart, price once broke below the Bollinger middle band and ran along the lower band, with the Bollinger channel overall opening downward. The dominant structural weakness has not reversed despite the test near $80,000. In mid-October, a potential bullish divergence structure appeared on the 4-hour level; if confirmed, it could alleviate further downward pressure on the daily chart. Key resistance lies in the $82,600 to $84,000 range, with $84,000 serving as a short-term strength/weakness threshold. Support first targets $81,000, with deeper support in the $79,000 to $80,000 zone—this area is viewed by some analysts as a pivotal divide between bulls and bears.
Analyst Shengge's trading recommendations:
BTC short at $8,200–$8,250, target $8,100–$8,050
ETH short at $2,450–$2,470, target $2,400–$2,380
Pumpkin Cake Auntie's Ethereum Operation Suggestions and Trend Analysis: 10/17
2026-10-17 09:07:54
Share
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
About MyToken:https://www.mytokencap.com/en/aboutusArticle Link:https://www.mytokencap.com/en/choicenews/3606728.html
More exciting content is available on
X(https://x.com/MyTokencap)or join the community to learn more:MyToken-English Telegram Group
(https://t.me/mytokenGroup)
X(https://x.com/MyTokencap)or join the community to learn more:MyToken-English Telegram Group
(https://t.me/mytokenGroup)