On the daily level, both BTC and ETH are testing key chip peak resistance:
• BTC: Has broken through the upper trend line of the parallel channel and is now testing the key chip peak resistance at 67,200. If it breaks through, BTC is expected to see the "7" range again, with strong support below at 62,927 (the price level with the most concentrated trading volume this year);
• ETH: Shows a symmetrical triangle pattern, with a strong resistance zone formed between the chip peak and the upper trend line of the triangle at 2645~2690. If it breaks through, it is likely to approach the upper chip peak at 3135, with chip support below at 2520. 
The chip distribution chart is an exclusive tool for AICoin PRO members. It displays a histogram of trading volume over a specified time range on the price coordinate, allowing users to quickly assess support and resistance levels, as well as the chip situation in each price range. Generally, blue represents buying volume, yellow represents selling volume, and the longer the volume bar, the greater the trading volume.
Typically, the price at which the chip peak is located can be seen as support and resistance levels (see the chart below):
• Support Level: Located below the price; if the support level holds, the price rebounds; if it breaks below support, the market will accelerate downward;
• Resistance Level: Located above the price; if the resistance level holds, the price retraces; if it breaks above resistance, the price will accelerate upward.
In addition, the AICoin chip distribution tool also supports custom chip areas, allowing users to select and adjust any time period for any cycle to view the position distribution within different price ranges, gaining insights into the emotions and behaviors of market participants.
For specific settings, please see the tutorial: “AICoin PC Version Launches Drawing Tool - Chip Distribution”
Experience the chip distribution feature now: https://www.aicoin.com/vip/chartpro
Data is for reference only
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