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Friday morning BTC/ETH strategy by Zhong Ling on 10.16
The MACD has formed a golden cross below the zero axis, releasing some short-term rebound momentum. However, the indicator as a whole remains below the zero axis, and the broader bearish structure has not reversed. The current rise is essentially a technical oversold recovery following the release of CPI data.
Trading plan
BTC: Short around 82300-82800, target: around 80K
ETH: Short around 2450-2470, target: around 2330
$BTC $ETH #GateWCTCS9全球交易赛 #Solana大升级定档 #美国9月PPI大超预期 #Ledger被植入间谍芯片
BTC+1.05%
ETH+3.08%
market updates on today $BTC & $XAU
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LIVE1,525
The overall market is tilted bullish, with most capital betting that ETH will hold above 2500.
However, there is insufficient certainty of a break above 2600, while the probability of a pullback to 2300 is close to 50%, indicating significant disagreement between bulls and bears over Ethereum, unlike the one-sided optimism seen in BTC.
The upside offers limited potential returns, while lower pullback levels offer better risk-reward; beware of the risk of a failed rally followed by a retracement to the 2300 range.
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ETH+2.43%
BTC+0.85%
US Initial Jobless Claims
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LIVE1,709
Tong Ge’s BTC outlook for 10/16
$BTC 823-828: enter a short with a light position, add at 840, stop loss at 845, targets 800-795-788.
Current price: 82127. Yesterday, BTC briefly broke below 80,000 before sharply rallying, reaching as high as 82639. How many people were stunned by that candle? But BlackRock has been continuously selling, while CPI and PPI were both bearish. Yet the market went in the opposite direction and surged upward—what is going on?
Bearish news failed to push it down and instead triggered a sharp rally, making it easiest to believe that the bottom is in. Don’t celebrate
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BTC+1.05%
#JapanAndKoreaStocksPlunge Japan and Korea Stocks Plunge: Global Markets Face a Major Technology Sell-Off
Global financial markets experienced a sharp wave of selling on October 15, 2026, as Japan and South Korea witnessed significant stock market declines. The sell-off was primarily driven by rising concerns about persistent U.S. inflation, the possibility of additional Federal Reserve interest rate hikes, and growing uncertainty surrounding the sustainability of the artificial intelligence (AI) investment boom.
The sudden downturn highlighted the vulnerability of technology-heavy Asian marke
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A scrap-collecting beggar sponsors a girl who cannot afford to go to school, and that is called positive energy.
But you cannot ask why he collects scrap or why she cannot afford to go to school.
If you ask, you are negative energy.
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10.16 ETH Market Trend Analysis
The market launched a strong rally from the low of 2323.00, climbing all the way to a high of 2466.62 before losing momentum. The price then turned lower and entered a high-level pullback consolidation phase. The Bollinger Bands gradually flattened and narrowed after opening upward, while the market fluctuated back and forth within the channel. The long-short indicator shifted from strong bullishness to balanced competition, forming a high-level pullback consolidation pattern after a major rally. 2466.62 is the key resistance high for this rally, with support be
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ETH+3.08%
$BTC Google ran magic state cultivation on the Willow chip, reducing errors by approximately 40-fold and achieving 99.99% accuracy, cutting the error-correction overhead of fault-tolerant quantum computing. For the crypto industry, the Q-Day narrative has gained fresh fuel: two papers published at the end of March reduced the number of physical qubits needed to break Bitcoin from the millions to the tens of thousands, while Google Quantum AI warned that transactions being broadcast could be hijacked in approximately 9 minutes, putting approximately 6.9 million BTC with exposed public keys at
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BTC+0.85%
Guys, look at the chart for $METAX —it’s basically a “roller coaster” heart-pounding ride. Just a few candid thoughts:
1. News-driven hype drew a door: The chart shows the news “Meta launches Muse Spark Open.” This move from 710 to 773 was purely an emotional reaction to the news. Veteran bagholders know that once bullish news becomes reality, it often marks a temporary top. Whatever goes up that way can come crashing down the same way, taking you straight back to 715.
2. The current 735 is an awkward spot: After dropping nearly 8%, it is now consolidating and recovering around 735 on declinin
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METAX+1.35%
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Got up early and studied English for an hour
Feels so difficult☹️
Especially listening and speaking
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Micron's earnings report dazzled, yet the stock still plunged—why are its results and share price “fighting” each other?

This is the most puzzling part of this storage-stock pullback—Micron just delivered the best earnings report in its history, yet its stock fell the hardest.

First, the results. Micron's fourth-quarter fiscal 2026 revenue was $54.23 billion, up 379% year over year and 31% quarter over quarter, setting a record for the sixth consecutive quarter. GAAP net income was $37.7 billion, up more than 10x year over year. Adjusted EPS was $33.42, with both revenue and adjusted EPS e
MU+1.93%
$TRUTH A brutal shakeout in a single day, down nearly 27% over 24h to a current price of 0.0160, yet trading volume reached $76 million. This is not retail dumping, but a prepared rotation.
First, compare with history: In the bull markets following the past three halvings, altcoins went through an average deep shakeout of 30% to 40% before their first breakout. March 2020, July 2017, and April 2013 all followed this script—between the fourth and eighth months after the halving, small-cap coins first surged, then were cut in half to shake out late buyers, before entering the main uptrend. $TRUT
Everyone, trust me, $ZEREBRO is ready for a major drop, and I’m opening a 10x leveraged short position now
Sell: 0.0520 - 0.0515Take profit: 0.04800 / 0.04400 / 0.0400Stop loss: 0.0560Everyone, I’m 99% certain the price will drop sharply and keep falling because it has already surged significantly and is now clearly showing signs of weakness. Who wants to open a confirmed short position with me? Not investment adviceTrade here 👉🏻 $ZEREBRO
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ZEREBRO+29.64%
#GateWCTCS9GlobalTradingCompetition
🏆 WCTC S9 Leaderboard Guide is here — Choosing the right track is everything
The competition officially kicks off on October 26. Three leaderboards, one goal: climb as high as you can. 🔥
👥 Team Competition
Accumulate weighted trading volume and test your team’s overall strength. Big prize pool waiting.
🏅 Individual Competition
Fight for a spot in the Top 300. Even ranks 301–1000 can still walk away with experience ticket rewards.
⚡ Event Contract PK
One round every 30 minutes. Pure judgment + number of wins. Fast, intense, and addictive.
💡 Volume weigh
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Bittensor's SayGM subnet released a desktop AI assistant for Mac, Windows and Linux that runs Claude, GPT, Gemini, Kimi and DeepSeek. Every model is priced below list, 27% cheaper on average, with no subscription.
@opentensor
TAO+7.08%
DEEPSEEK+4.73%
Broadcom CEO’s One Remark Sends Stocks Tumbling—Is There No Longer Enough Money to Burn on AI?

In this round of declines in storage stocks, remarks by Broadcom CEO Hock Tan were the biggest catalyst.

What did he say at an event in Singapore? The core message was this: Capital may be the biggest constraint currently facing the AI industry, even more important than shortages of chips, memory, and electricity. He also said that many AI investors lack a basic understanding of the technology they are betting on yet have extremely high return expectations, “behaving like casino gamblers.”

Why
SNDK-0.56%
After taking profits on the long positions, it was time to position for shorts at the highs, once again perfectly catching the pullback opportunity, with nearly $30 of room!
$ETH $XAU #黄金 #Solana大升级定档
ETH+3.08%
XAU+0.39%
XAUUSD Oct 16 Asia-European Session Outlook$XAUUSD
It has not yet firmly held above 4170, so be especially cautious of a false breakout! If 4170 is truly broken to the upside, pay attention to the 4192–4198 resistance zone with multiple mid-level confluences. Do not take the wrong direction; going short currently offers a significantly better risk-reward ratio!
Intraday resistance
1. 4190–4198, 4h timeframe
2. 4220–4226, daily timeframe
3. 4315, daily timeframe
Support
1. 4104–4113
2. 4066–4070; watch for additional wick-spike action here
3. Around 4024
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XAUUSD+0.13%
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