📊 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

BTC
BTCUSDT
91,881
-0.92%

$ETH

ETH
ETHUSDT
3,152.36
-0.81%

$XRP

XRP
XRPUSDT
2.0809
-4.15%

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