2026.10.16. BTC. ETH. SOL. BNB. Intraday Market Analysis
BTC
Good afternoon, everyone. After that sharp wick, BTC rebounded to the resistance level for reducing positions that I mentioned in yesterday’s midday analysis. I laid out the plan for you in advance yesterday, and if you followed it, whichever coin you traded, you should already have around 25% profit in your pocket in the short term. That puts us in a good position going forward, whether the market rises or falls: we can move forward or protect ourselves. There’s no need to worry about whether prices will rise or fall in the short term. For those of us still holding positions, after reducing our holdings, we should only add back near 78,000; otherwise, keep holding. We’ll add back 25% of our position once the daily chart stabilizes and breaks through the 83,000–84,000 resistance. Our medium-term targets remain 88,000, 90,000, and 95,000.
ETH
Our ETH entry was around 2,380, and we’re currently up more than 60 points. In the short term, watch 2,400 as support on a pullback. If this level holds, the rebound could continue, with a target of 2,500. A breakout could open the way to 2,530–2,570. If the daily chart stabilizes above 2,500, you can add to your position. If the price pulls back below 2,400, you can move your long position’s stop to breakeven, or wait to add near 2,300.
SOL
We called for SOL entries in advance below 103, and it has now reached the level to reduce positions. In the short term, watch 104 as support on a pullback. If this level holds, the rebound could continue, with a target of 110. A breakout could open the way to 113–116. If the daily chart stabilizes above 110, you can add to your position. If the price pulls back below 104, you can move your long position’s stop to breakeven, or wait to add near 97.
BNB
BNB’s rebound has been relatively modest so far. In the short term, 750 remains the resistance level if the price rises. You can reduce your position by 25% when it reaches that level. In the short term, watch 725 as support on a pullback. If this level holds, the rebound could continue, with a target of 750. A breakout could open the way to 760–780. If the daily chart stabilizes above 750, you can add to your position. If the price pulls back below 725, you can move your long position’s stop to breakeven, or wait to add near 2,300.

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