Operational recommendations and trend analysis for PancakeYitai: 10/18
BTC and ETH trading suggestions and trend analysis: 10/18
Latest BTC price is around $81,643, turning from decline to rise within 24 hours, with over 80,000 traders liquidated across the market. The $80,000 level remains the most critical observation point on the four-hour chart—on October 15, it briefly dropped to $79,700, marking the lowest in nearly four weeks, before quickly rebounding; this level is near the 60-day moving average, which has acted as support. Recent price movement: After Bitcoin rebounded to around $87,000 at the beginning of October, it has been declining steadily. This week, it broke through $84,000 and then $82,000, and on Thursday briefly fell below $80,000 before recovering for two consecutive trading days, indicating strengthening short-term buying pressure.
Analyst's trading recommendations:
Buy BTC around $80,500–$81,000, target $82,000–$82,500
Buy ETH around $2,350–$2,370, target $2,420–$2,440