[October 17th BTC/SOL/ETH Market Analysis: bull trap completed, further dip still needed]

Yesterday's market prediction was spot on. After the bull trap was completed, it started to dip in the early morning. I don't know if you went the opposite direction, but we have been repeating that it will continue to drop this week; if you go against that, you are just a fake fan. Currently, Bitcoin's daily chart has just begun its dip action and is expected to continue to fall. We reiterate that the target for the drop is around the lower band of the daily Bollinger Bands at 106000. However, if it comes, don't try to catch the bottom; it will be painful if it spikes again. The optimal solution is to hold your short position and set your take profit properly.

$BTC Today, being able to bounce back to 110200 to increase your short position is an excellent opportunity. If it goes up to 110900, you can continue shorting as well, just set the stop loss above 112000. Currently, the only support below is around 105700.
$SOL The pressure for the index today is between 192 and 195. A breakthrough above 195 is needed to start a rebound; these two levels can still be used for short positions, with stop-loss set above 200. The short-term support below at 179 does not recommend placing long positions and can be observed for short selling and taking profit on short positions when it breaks down. The major support level below on the daily chart is at 164.
$ETH The short-term pressure for ETH today is 3990 and 4060. If it reaches 3990, you can try a short. If it doesn't dip when it comes, try a short at 4060, and set the stop loss above 4100. The short-term support below is 3760 and 3670, and it's not recommended to go long, just observe the take profit level for the short position.

In summary, BTC has just started to move out of the downtrend. This wave will not stop until it reaches the lower band of the daily Bollinger Bands. A definite downtrend has already been established. Do you still want to go long? (Follow the department head for daily updates on the latest market analysis and precise entry points. Long and short positions are for B friends' reference only. Strictly set stop-loss and take-profit. #GT2025第三季度销毁完成 $BTC $ETH $GT