this chart means.. tldr: BTC broke below 117,800 and is now in the 114,000–116,000 zone. If it can’t get back above 117,800 soon, it could drop toward 114,000 or even 111,850. - Volume Profile: This chart shows where the most BTC trading has happened recently. Big trading zones are: - Around 120,950: upper range, now acting as resistance - 117,300–117,800: recent main area, now resistance) - 111,850: lower range, acting as support Trend & Structure: BTC was holding above 117,800 for a while, but then it dropped and is now trading in a lower range. Since the price is below the recent high-volume area, sellers currently have the advantage. h/t @elfa_ai