Trader Gu Jingci: Bitcoin/Ethereum Trading Strategy for October 15th with Market Analysis

Bitcoin/Ethereum have been consistently warning of short positions, and the market has continued to surge higher before reversing downward. Those who followed this logic should have already taken off successfully. After a drop to 2315 and 80100 at the start of the session, there was a slight rebound, but the strength was weak, with the trend still leaning bearish. Particularly after breaking below key support levels at 80500 and 2350, the rebound does not signal a reversal—further downside remains possible. The 4-hour chart has shown consecutive red candles, indicating strong bearish momentum and sustained downward pressure. However, the recent decline has been rapid, leaving room for minor short-term recovery. Watch resistance at 82500 and 2450; support lies at 78000 and 2250. Trading suggestion: Enter long positions in Bitcoin around 80400–80800, targeting 82000; enter long positions in Ethereum around 2330–2350, targeting 2390. If prices rise above 82000 and 2410, consider adding short positions to target further declines. Analysis and strategies are for reference only—trading risks are your own responsibility. This article may lack real-time accuracy due to review and publishing delays. Always refer to live market data!