Both #Bitcoin and #Ethereum are at Fibonacci levels where you can consider both corrections complete.
Market psychology wise I don't think we're in a place where I can call this a wave 2 complete.
During wave 2's the market typically undergo extreme pessimism. And nothing in my feed or market sentiment indicates this to me.
So while the bullish continuation argument can become validated very quickly - within this week - what this wave feels like... it doesn't feel done.
If not lower than consolidated sideways is best case.
That's it for me tonight as I fit in a tweet after unpacking

Gate ETF newly listed: $BTW (Bitway) & $Q (QuackAI)
🔹 Trading pairs: #BTW3L / $USDT & #BTW3S / $USDT & #Q3L / $USDT & #Q3S / $USDT
🔹 Trading time: October 19, 2026, 15:00 (UTC+8)
🔹 Supports 3x leveraged long and short trading for greater flexibility
Trade $BTW: https://www.gate.com/trade/BTW3L_USDT
https://www.gate.com/trade/BTW3S_USDT
Trade $Q: https://www.gate.com/trade/Q3L_USDT
https://www.gate.com/trade/Q3S_USDT
Details: https://www.gate.com/announcements/article/102288

There is no news or data driving the market this week, so this week’s move is purely technical.
BTC has so far failed to break above the lower daily band, with resistance around 84k.
Although the weekly chart remains bearish, that does not rule out a short-term rebound on Monday. Recently, the market has generally risen to its weekly high every Monday, so you can continue considering range-bound trading around this level.

ETH/BTC RSI HITS ITS LOWEST LEVEL SINCE MAY
The daily RSI has dropped to around 25, showing strong downside momentum and oversold conditions.
Could this be a turning point for Ethereum against Bitcoin?
$BTC ‌$ETH ‌

**$AEON /USDT Perp – "Breakdown Below MAs – Short"**
Trading Plan Short $AEON
Entry: 0.03680
SL: 0.03793
TP1: 0.03431
TP2: 0.03358
AEON is down -9.61%, trading below the 0.03793 level after the 0.04155 high. MACD is negative; targeting the 0.03431 low.

GM ☀️
Big week this week.

Wicks are most likely when liquidity is thinnest in the early hours. Over five months, this bot scanned more than 110,000 markets and made $540,000, relying on the edge of its multi-coin, 5-minute model. Its positions being fully closed shows it only trades short windows and doesn’t hold overnight. This strategy comes down to execution speed and model iteration—manual traders basically don’t stand a chance. Are you still watching the charts, or have you handed it over to a bot?

In mid-October, U.S. inflation data came in higher than expected, raising market concerns about Fed rate hikes; AI data centers rely heavily on debt financing, and rising interest rates push up costs, while credit concerns about companies such as CoreWeave have also intensified the sector’s decline
(
[Startup Fortune],
[Shattered]
).
These are mostly secondhand media reports; the specific policy path should be verified against official documents. Risk note: data is as of October 16, and October 19 market activity is not included. This analysis is for explaining facts and mechanisms only and do

Good morning fam.
I started the day with a run 🏃‍♂️
Another day to learn, grow and get a little closer to our goals.
Small steps add up. just keep showing up.
Hope the market treats us well today 🤝

**$ORBIO /USDT Perp – "Failed Rally – Short"**
Trading Plan Short $ORBIO
Entry: 0.02250
SL: 0.02293
TP1: 0.02100
TP2: 0.01908
ORBIO is down -10.91% and rejected below the 0.02293 level after the 0.02484 high. MACD is cooling; targeting the 0.02100 low.

Screenshot of the second-round winner in Dabao's livestream room

$EPIC I got in below 0.24 for this 13% move; I didn’t chase it.
A little background first: two days ago in the early hours, the market was dumped to 0.2392, with 24h trading volume barely above 20M and liquidity as thin as paper. The market maker’s play was obvious—first push the price down with a wick to sweep the stop-loss orders around 0.25 and shake out weak hands, then quickly pull it away from the cost basis. It’s now at 0.3019, already 26% above the low, but it still hasn’t truly broken through the 24h high of 0.3151, which shows that the people pumping it aren’t looking to dump all the

#USSeptemberPPIBeatsExpectations September PPI Beats Expectations, What Does It Mean for Inflation and the Crypto Market?
The latest US September Producer Price Index report has attracted attention across financial markets after producer inflation came in above expectations. This development matters because producer prices can provide an early indication of inflationary pressure before some of those costs reach consumers.
For traders, investors, and cryptocurrency market participants, the key question is not simply whether the PPI number exceeded forecasts. The bigger question is how this data

This week, BTC has been range-bound around $80,000, with no clear direction but plenty of data.
BTC/USDT is around 82660, trading in a 79800-84300 range over the past two weeks.
Farside data shows U.S. spot BTC ETFs saw cumulative net outflows of about $450 million in October, with a single-day outflow of $485 million on October 7, the largest since June.
The same macro factors are also weighing on U.S. stocks.
September CPI rose 3.7% year over year and core CPI rose 2.6%, both above market expectations; the FOMC had already raised rates to 3.75%-4.00% on September 16.
The 10-year Treasury yie

$BTC
82510 is the worst kind of in-between level. Your position has only just clawed back 2%, and you already want to force a push? The overhead wall at 84130 hasn’t been cleared yet; every rally just hands money to the shorts😏 The bulls are still crowded in, with 60% holding their positions. The longer they hold, the worse the stampede gets. Don’t wait for the waterfall to start before you run.

When the tide is calm, no distant boat is in sight; bulls and bears remain locked in a stalemate with no end in sight.
The market is currently trapped in repeated back-and-forth range-bound action. Repeated false breakouts and swings in both directions are the greatest test of discipline. Many traders chase rallies and sell dips in these conditions, trading frequently and losing much of their capital after just a few rounds. Treating a range-bound market like a one-way trend is the biggest misconception.
A range-bound market has its own rules.
The key is not to chase every minor swing, but to

The one-hour price action has once again reached around 2430. It has repeatedly surged and pulled back at this resistance level in the past, so caution is advised when entering a long position now

#ShareWeekly
#BTC
Bitcoin Near $82K: Real Recovery or Temporary Bounce? | Weekly Market Outlook
A new trading week begins with an important question: Is the crypto market recovering sustainably, or is this just a temporary bounce before another correction?
Bitcoin is trading near $82,400, while Ethereum is around $2,420. Meanwhile, Asian technology stocks remain under pressure following recent weakness in US technology shares and growing concerns about AI investment valuations.
My view is cautiously optimistic, but the market needs confirmation before we can call this a new bullish trend.
1.