Cryptocurrency Market Analysis by Liying: Bitcoin Latest Market Analysis on 10.16

Article Published on 2025.10.16------00:30

The current price of Bitcoin is 110,700. Liying predicts a downward trend for Bitcoin, with further risks of decline in the short term. The recent formation of a death cross has further reinforced the continuation of the downward trend. Additionally, the appearance of the evening star pattern indicates a potential bearish reversal in the market, especially as the price approaches the strong support level of 110,337. Caution is advised for an accelerated decline if this support is breached. The daily chart shows two consecutive days of large bearish candles rapidly declining from a high position, forming a clear bearish trend. The selling pressure on the 2-hour K-line is heavy, while the lows are gradually moving down, presenting a fluctuating downward pattern. The MACD on the 2-hour chart continues to diverge downward, indicating that bearish momentum is dominant. The three EMA lines are in a bearish arrangement, and Liying's bearish outlook can continue to be held.

Short-term Trading Ideas:

• Long Entry: 109,500, Stop Loss: 109,000, Stop Loss: 500 points, Target: 112,000
• Short Entry: 112,500, Stop Loss: 113,000, Stop Loss: 500 points, Target: 110,000

Ethereum Latest Market Analysis

Before publication, the current price of Ethereum is 3,975. Liying observes a clear downward trend for Ethereum in the current market. The evening star pattern and the death cross of the moving averages have formed a strong bearish resonance, further reinforcing the market's weak structure. The key support level at 3,940 is facing significant downward pressure. After a sharp rise on the daily chart, there have been two consecutive days of pullback, forming a high-level fluctuating trend, with the price currently in a downward trend. The 2-hour K-line alternates between bullish and bearish, but the overall lows are gradually decreasing, and the highs have failed to break through the previous resistance level, indicating a short-term weak trend. The MACD on the 2-hour chart shows a dominant bearish force, and the daily MACD is also in a death cross state, indicating a continuation of bearish momentum. The 2-hour EMA shows clear short-term pressure, and the daily EMA is turning downward. Liying still maintains a bearish outlook overall.

Short-term Trading Points:

• Long Entry: 3,850, Stop Loss: 3,800, Stop Loss: 50 points, Target: 4,050
• Short Entry: 4,150, Stop Loss: 4,200, Stop Loss: 50 points, Target: 4,050

The above content is exclusively original by Liying. Please indicate the source when reprinting! Article publication review has a delay, and the market changes rapidly. The above suggestions are for reference only, and risks are borne by the reader. Liying cannot control the market but can help anticipate the risks we may encounter in our operations. Proper risk control is essential for us to remain undefeated in investment. If you are still confused in the cryptocurrency market, always making small profits and large losses, struggling with entry and exit points, unable to read market direction, or struggling with mindset management, you can follow Liying. I will create a personalized plan for you based on your actual situation and market trends, genuinely addressing the root of the problems. I hope Liying's presence will be helpful on your investment journey!

The content of this article is time-sensitive and for reference only; risks are borne by the reader.

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