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10.16 Bitcoin/Ethereum Evening Strategy Analysis

2026-10-16 11:46:24
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Bitcoin has been oscillating between 82,000 and 83,000 since last night's surge, with little volatility. Ethereum has resumed its rebound and rally. Hold the short positions at 82,500-83,000 from last night and wait for a drop. For Ethereum, the short position at 2,440-2,460 has now risen to around 2,485—add on immediately, with an average entry price near 2,465, and wait patiently for a decline. For tonight's trades: go short on Bitcoin near 82,800, targeting 80,500-81,500; for Ethereum, short near 2,485, aiming for 2,380-2,420.
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