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2026.10.16 Early BTC/ETH/XAU/SNDK Analysis
840 million was wiped out overnight, with 159,537 people going bankrupt and losing everything; at least 3 billion+ has been wiped out this week, with 500,000+ people going bankrupt and losing everything!
This reshuffling has been extremely thorough as far as short-term trading is concerned!
So far this week, the BTC, ETH, gold, silver, and HYPE trades taken have basically stayed on track, with no stop-losses triggered yet;
Amid such a massive reshuffling this week, the Sao Army's ability to stay as steady as an old dog has once again been demonstrated!
BTC support/resistance levels: 87550/85150/81000/78425
Monday's 81150 position was moved to breakeven, while 79500 missed by a bit; let's see whether there is a pullback opportunity on Friday, and be sure to seize it if there is one;
ETH support/resistance levels: 2850/2695/2403/2345
I had planned to wait for a pullback to 2350 last night, but it took off directly without giving us an opportunity; let's see whether there is an entry opportunity on a pullback today;
XAU/XAG offer fewer trading opportunities today than U.S. stocks and crypto, so these two can be set aside for now;
SNDK's rebound last night reversed the ultra-short-term trend, so we can look for an opportunity on a pullback today;
These trading suggestions do not constitute any basis for investment: continue reviewing thoroughly before trading, do not be afraid of declines—the more it drops, the more excited you should be; control your position size and use light leverage with stop-losses in place to trade freely; when spot opportunities arise, go in aggressively—the best opportunities only appear during times of widespread panic! Remember, only when your position is sized reasonably enough to ensure you stay on board will you have the opportunity to dance with the main players!
#Solana大升级定档