Yesterday, I talked with everyone about Fibonacci, which has a very high accuracy for calculating support and resistance levels. There is actually another tool that, when used in conjunction, can elevate the success rate of market judgment to another level—this is the chip distribution. Today, I'll continue with BTC and ETH as examples to explain the combination of the two tools thoroughly.
First, a practical detail: the mobile version also has a chip distribution function; if you can't find it, you can ask customer service. But to be honest, since we are already using fine-tuned tools like Fibonacci and chip distribution, I would highly recommend using a computer. The phone screen is just so small, it's hard to draw lines or look at chip peaks. I usually do my chart analysis on a computer; at most, I just take a quick look at the market on my phone.
How to look at chip distribution? Just focus on two core elements.
Let's first bring up the BTC market and open the chip distribution indicator.

Don’t overthink it—focus on two things: the average price line and the chip peak.
You can see that the current average price line for BTC corresponds to a price of 64132.

This position is equivalent to the average holding cost across the entire market, which carries an "attractive effect"—even if it temporarily falls below this level, it is very likely to be pulled back to this position later, making it a strong emotional anchor.
The second thing to look at is the chip peak, where the chips are most concentrated, which often represents strong support or resistance levels.

At this location, the average price line and the chip peak coincide, indicating that when the price falls back here, it is easy to form support due to the consensus on holding costs; however, if the price rebounds and repeatedly fails to break through this level, it could reverse to become strong resistance.
In simple terms: the place where chips are clustered is where market consensus is strongest, and support and resistance come from here.
A friend just asked about ETH in the group; don't worry, we will switch to that. When I just switched to the market, I noticed an interesting order. Keep it a mystery; let’s check ETH's chips first and then I’ll tell everyone.
You can see ETH's market is currently right on the first support level.

The strong support below is around 1857.
Speaking of this, I want to ask everyone: at this position, are you going long or short?
The two core strategies of major orders: Law of Attraction + Law of Execution.
Alright, here’s the answer. I got distracted just now because I was looking at the BTC orders—saw that a large short order has already been executed.

Before the live broadcast, I also saw a similarly sized unexecuted super short order, specifically went to check it out, hoping to compare it with the support and resistance of chip distribution to see if it could produce double resonance, which took a bit of time.
Here, I want to introduce two core strategies for major orders, both of which we have repeatedly verified in our reviews.
The first is called the Law of Attraction for Major Orders: if there is an unexecuted super short order hanging above the price, the price tends to be "attracted" up to touch this order level. I initially wanted to see if it could resonate with chip distribution—now the price is still away from the average cost line, so the double resonance has not materialized, and this Law of Attraction is temporarily invalid.
It's okay if the Law of Attraction fails; we can directly use the second, more stable method: the Law of Execution for Major Orders. Only super large orders that have been genuinely executed represent the true directional expression of the main force. Since this large short order has already been executed, it indicates that the main force's control direction is bearish, and the subsequent market is likely to continue downward.
This is the logic I spent time verifying earlier. Everyone should focus on this executed super short order next and watch when it closes.

Usually, major forces at this level won’t quietly close their positions; they often complete closing by driving the price down. This means that there will likely be another wave of price drops ahead, using panic selling for exiting positions.
For those trading short, if you have short positions, you can set a warning for major large orders—set it to alert you when there are closing orders exceeding 10 million, so when the price drops to the right level and the main force closes, you can take the opportunity to profit as the momentum aligns.
Now looking at BTC's order book, there are thin walls of scattered small orders stacked both above and below, and that executed major order hasn't moved; we need to keep watching.

Let me give you a historical example so you understand. On July 22, the major force dumped a selling order of 180 million at a high point, after which the price fell significantly.

When the price dropped to the bottom, a similar order of about 180 million appeared for longs, perfectly closing the counterparty's positions.

Such super whale orders at the level of hundreds of millions are actually rare in the market. Generally, after executing one large unilateral order, there is likely to be a corresponding reverse closing order afterward. The large orders commonly seen in the market are usually at the level of tens of millions, so if there are orders of sixty or seventy million, or even exceeding hundreds of millions, you must keep your eyes peeled.
In addition to looking at executed large orders, the unexecuted hanging orders above and below the order book also carry significant meaning.

For instance, there is currently a major force hanging a large short order at the position of 63603. According to the Law of Attraction, the price may first move upwards to consume this short order, after which the major force may turn around and control the market downwards, consuming the long orders below.
The long orders below are approximately at the level of 63200.

The two price levels are not far apart, and it is common for major forces to execute trades from both ends, moving the market back and forth to harvest from both long and short sides.
ETH market analysis: sell walls pressing down, still biased towards bearish in the short term.
After discussing so much about BTC, are there any friends trading ETH? If so, let's switch over to take a look.

First, let me ask everyone, what is your impression when you first see ETH’s major order indicators? Those who have ETH positions can share; it directly relates to your upcoming trading direction.
Let me point out something for newbies: green indicates buy orders, and red indicates sell orders.

You can see numerous sell orders piled like a wall above ETH, almost impenetrable. Hiding the small orders, just looking at the super large orders, there are several individual orders over 10 million.

So the conclusion is clear: the mid-term trend for ETH is downward, but in the very short term, due to the Law of Attraction, it may push up to test the selling wall above.
In simple terms, ETH will have market activity soon, and the volatility will be thrilling; whether going long or short, there will be operational space.
For those going short, ensure you have enough margin to withstand this short-term rebound before there are opportunities for substantial profits later; for those going long, just grab this short-term rebound for quick profits and don't be greedy.
The most dreaded scenario is a stagnant market; in the current trend with clear major orders, the operational space is indeed large, making trading enjoyable.
Sharing a high-quality whale address we are tracking
By the way, there’s something else I want to share with everyone. Just to clarify, this is something we just started monitoring in the past few days, and we are still studying their trading methods, so I can’t say it’s 100% reliable; everyone can track and analyze together.
There is a whale dedicated to BTC and ETH; our research institute has observed it for a while and found that their trading win rate is quite good. We are currently breaking down their trading logic.

Here is the address for you: 0xd6cb999ad99754a0c34ea2a2f401f89b5fdb2eda
Everyone can open AiCoin's Smart Money section, directly search this address, and see all their operations.

This whale only trades BTC and ETH, and the profit curve is quite stable, and they do not have a style of strictly long or strictly short; they operate according to their own position rhythm.

As I said, we are still in the tracking and research phase, so I won’t draw any conclusions yet; you can also dig into their trading records yourself; you might discover some patterns.
Lastly, I want to mention that friends who don’t have accounts with compliant top exchanges can consider Coinbase, the regulated exchange listed in the U.S. stock market. They are currently opening registrations for new users, and completing identity verification can yield benefits of up to 50 USDT.

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