4.26 Brother Chi's Video Notes, btc962-982, short positions entered in batches
Reason 1 for resistance at 962: previous consolidation zone POC position, Reason 2: Fibonacci 0.618 position
Reason explanation: Because the price has consolidated at 96200 for so long, those who believed this position would hold bought in, resulting in deep entrapment. Once the price returns to 962, many trapped people will sell their coins, creating selling pressure and causing the price to drop.
This is the position of support and resistance exchange.
Trump’s spot purchases previously at positions 15 and 21 were taken in batches for profit.