October 18, 2025

The market has rebounded a bit, and compared to the despair brought by the downward trend yesterday, things have improved slightly. However, this is a common market condition and atmosphere that we will see in the coming weeks because I believe the consolidation period will not end quickly, and it may take until November for this market situation to change. Moreover, I want to emphasize one point: behind the massive liquidation on October 11, there must be institutions or fund custodians that have collapsed. I suspect that the institutions currently collapsing are in the process of rearranging funds or refinancing, hoping to secure enough of a safety net before users make large withdrawals. However, for us, while we should not casually deposit money, we must also be vigilant about the secondary impact that large institutions' liquidations can have on the market.
At this stage, it is still hard to determine whether the market will continue to maintain a bull market. Overall, as long as the price of Bitcoin has not fallen below 100,000, for the technical support of Bitcoin, it is roughly around 80,000 to 90,000. Therefore, even if it falls below 100,000, there is still hope for a bull market, but this 100,000 support is still quite important. If we continue to treat it as a bull market, we can do some bottom-fishing grids between the low point of 1011 and the current price. In fact, the recent grid trading has yielded pretty good results, which can cover the losses from the downward trend. If the market rebounds after a second dip, it can lead to profits, which is suitable for friends who have previously reduced their positions or have relatively low holdings.
However, overall, I think there is no need to have too much expectation for the market to rise in the short to medium term. In other words, I do not recommend directly increasing positions significantly within the next month. One can consider using grid trading or dollar-cost averaging to enter the market. Objectively speaking, I have concerns about the current situation.