#EthereumFuture These are support and resistance points. Analysts often talk about support points of a cryptocurrency, which is where the price of the currency rebounds upwards after a drop. Several weak, strong, and medium support points are determined based on the volume of demand at these points. The same applies to resistance points, while an important issue is often overlooked or ignored, which is the manipulation carried out by the big players. For example, they might place a very large buy order that makes the volume at this point a strong support, prompting many to buy near it in hopes of a rise, in addition to the analysts' recommendations that promise huge profits. Suddenly, the whale cancels the buy orders, turning the support point into a trap to siphon off your money. The same situation applies to resistance points. Do not be deceived by the analysts' advice and only trust your own judgment. Best of luck $BTC Have a nice day.
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