📊 Cryptocurrency Technical Analysis (Chinese Professional Technical Edition)
1️⃣ Trend Structure
The current market is overall in a sideways trend, with prices running between key support and resistance zones. The forces of bulls and bears alternate, and short-term direction may need to wait for a breakout confirmation. $BTC
BTCUSDT
Perp
91,902.7
-1.11%
ETHUSDT
Perp
3,158.92
-0.79%
XRPUSDT
Perp
2.0821
-4.31%
2️⃣ Support & Resistance
Major Resistance Levels:
First Resistance: Recent high point range
Second Resistance: Pressure zone of higher time periods
Major Support Levels:
First Support: Previous high transaction density zone
Second Support: Structure points below the daily level