Evening market analysis on October 17, 2025

ETH Analysis: Today, ETH fell to a low of 3671. Many might think this is a second test, but I don't think so. This round of distribution is already in its final stage. From the spike at 1011 to 3300, the subsequent rebound didn't break 0.618, which marks the beginning of a complete downtrend. Therefore, our short positions during this period have been very profitable!
Then let's talk about the market prediction for the next two days. We all know that liquidity is poor on weekends, so it's highly likely that there will be fluctuations of around 200 points within the range of 3600-3800. Everyone can engage in high selling and low buying within this small interval, but of course, for long positions, don't lose sight of the overall trend! Pay attention to 3850-3880 because breaking below the support level could trigger a subsequent drop of 200 points. The support has now turned into resistance, so focus on the candlestick patterns for entry. For long-term players on the daily level, the main theme has already shifted to bearish. Hold onto your chips; you can reduce your position but don't liquidate everything, keep a good base position.
BTC Analysis: The drop of Bitcoin this time was very smooth, and there wasn't much pause. Moving forward, if we can't find a reference for adding short positions, let's just let the market move on its own. It might go back to 108000; who can say for sure, after all, it's digital gold. The main theme remains a large-scale downtrend! However, we should pay attention to 104800; a pullback there for a short position is fine.
I still recommend trading Ethereum on the weekends, it’s better. I will also share ideas in our group chat later. Those who haven’t joined the group can click on my homepage to join. Finally, I wish my brothers a pleasant weekend!
#ETH走势分析 #内容挖矿赚丰厚返佣 #BTC走势分析 #GUSD双重收益