The levels are working perfectly! The price stopped at the $BTC $61,800 level, and after some consolidation, we saw an upward impulse. As mentioned earlier, in the case of successfully breaking this resistance (inversion of the imbalance), the next liquidity is located in the price range of $65,300–$65,700, and it could become a potential target for the price!

Once again, the observation has been confirmed: "when the majority expect a crash and the price declines ahead of a significant event" — the main movement will go in the opposite direction

At $BTC $53,600 (the last low), we assumed that participants pessimistic about September, believing in a crash after the first rate cut, would not take profits at the beginning of the month but would wait for the "culmination event" on September 18 (the rate cut), continuously adding to their shorts. However, by then, it would be too late, and they wouldn’t be able to exit. As you understand, they indeed closed their positions today, but by stop-loss.