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Bitcoin and Ethereum afternoon trading recommendations and future outlook analysis: 10/26

2026-10-26 04:36:32
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BTC and ETH afternoon trading suggestions and future outlook analysis: 10/26 Early October, Bitcoin briefly rebounded to around $87,000, achieving its highest weekly closing price in 35 weeks. However, the upward momentum quickly faded, with prices repeatedly facing resistance between $84,000 and $87,000. On October 15, the U.S. PPI data exceeded expectations, causing Bitcoin to drop below $80,000, hitting a four-week low, before rapidly recovering above $81,000. The second half of October saw sustained downward pressure, with Bitcoin reaching a low of approximately $80,400 on October 24—the most resilient support level within the previous consolidation range. As of October 25, prices remained near $80,000, technically still in a retracement phase of an uptrend without breaking key levels. Analyst Xiao Ma's Diary trading recommendations: Buy BTC at $79,000–$79,500 directly, target $81,500–$82,000; Buy ETH at $2,280–$2,300 directly, target $2,360–$2,380.
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