When performing technical analysis, the two concepts I encounter most often are support and resistance levels. If you want to succeed in the crypto market, you need to understand these two concepts well because almost all investment decisions are based on these levels.

When you look at the chart, prices don't actually move randomly. They follow certain patterns such as an upward trend, a downward trend, or sideways movement. The answer to the question "what is a support point?" is hidden within these trends. A support point is essentially the level where the price pauses during a decline, and investors start buying. For example, when you look at the Bitcoin chart, every time the price drops to a certain level, it bounces back—that's support.

On the other hand, resistance is the opposite. When the price rises and hits a certain point, it stalls, sellers gain dominance, and the price reverses. That level is the resistance point. Even when examining the Ethereum chart, you see the same dynamic. The price tests certain levels multiple times; if it can't break through, that level is definitely resistance.

How do you find these levels? By looking at the key points on the chart. You identify areas where the price has difficulty breaking through, levels that it has tested multiple times but failed to surpass. Connecting at least two support points creates a support line, and the same applies for resistance. These lines seem to give you an idea of which direction the price might move next.

This is very clear in the BTC chart. When trend lines are broken, the price moves in that direction. The more times support and resistance levels are tested, the higher the chance of a breakout. So, if you ask what a support point is, you can think of it as a map that helps you predict the behavior of the price.

Open the charts of main assets like BTC, ETH, BNB on Gate and start drawing these levels yourself. As you practice, you'll understand the rhythm of the market.