Technical analysis by Dylan24h about Symbol BTC on 10/18/2025

Over the past 24 hours, the BTC market has experienced significant volatility. The lowest price reached $103,529, its lowest point since early July. The sharp drop in BTC prices has led to a large number of forced liquidations of leveraged positions, further exacerbating market panic. I believe $105,000 is a key support level. If BTC can stabilize above this level, a rebound is possible; if it falls, it faces the risk of further decline. Currently, BTC prices are finding support above $106,000, and the market is attempting to stabilize after a sharp decline. Reasons for the sharp drop in BTC prices: 1. Recent credit fraud incidents at several US regional banks have heightened investor concerns about the stability of the financial system. The ongoing government shutdown has dampened market risk appetite and led to an outflow of funds from crypto assets. 2. Amidst increasing market uncertainty, traditional safe-haven assets are in high demand. For example, spot gold prices briefly surpassed $4,380 on Friday, setting a new all-time high, in stark contrast to the decline in cryptocurrencies. From a technical perspective, BTC is currently at a critical juncture. On a daily basis, the moving averages are showing a bearish trend, the RSI is nearing oversold territory, and the price briefly dipped below the lower Bollinger Band, suggesting a potential short-term technical rebound. Therefore, the $105,000-107,000 range is considered a key area of ​​focus, influencing future price trends. Trading Strategy: If the price stabilizes above $105,000, we can go long with a small position, targeting $108,000-109,000. If it falls below $105,000, we can go short near this level, targeting $103,000-102,000. Warm Tip: If you're currently investing in BTC and are confused about market trends or need professional guidance, you can follow me and visit my channel. I'll help you understand the cryptocurrency market and invest together.Today, the BTC price is fluctuating between $106,000 and $107,000. I believe it's stabilizing. As I mentioned above, if it stabilizes above $105,000, I believe an upward trend is inevitable. Therefore, I believe there's a significant opportunity to enter a long position in this range, and I'm currently implementing this strategy.Since BTC fluctuated between $106,000 and $107,000 yesterday, I believe this is a sign of stabilization. As I mentioned above, we decisively bought long positions at $106,882 during today's Asian session. We're already profiting, proving our judgment was correct. Those who followed my lead are fortunate.