📌 You may have wondered why sometimes the price reaches a resistance or support area and does not react much to it, but shows a strong reaction elsewhere.
📣 In addition to the discussion about major and minor, there is another discussion and that is the difference in the behavior of people in the market at different levels.
What does this mean?
That is, a concept called passive and aggressive.
In the volume trading style, there is a discussion called passive or aggressive, where the word "passive" means passive or lethargic and "aggressive" means violent and aggressive.
⁉️ We have two reactions to these support or resistance levels❓
1️⃣ When the market reaches a resistance, some people only save part of their buying position and close it, making them passive and the market does not fall.
2️⃣When the resistance is reached, they not only close the trading profit, but also try to take a sell position, which causes a market crash and stronger fluctuations.
🔔 Now, why did I say that? ⁉️ A long time ago and based on this data, I said that the 65,000 level is an important resistance and that many people will reach it.
🤫 On the other hand, anyone who bought in the 50,000 range and took a buy position is now thinking about saving all their profits and selling their positions.
❌ These two facts mean that it will be aggressive and there will be strong selling pressure in the market, which makes $65,000 a significant obstacle to the Bitcoin uptrend.
🤫 My friends, if we know the principles of market behavior and understand its mechanism, we can more easily check and predict the market behavior and make the right decision in time.
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