It’s important to understand that blindly hoping to get rich from spending a small amount, like two dollars, can be a risky mindset, especially if you're not considering the market's support and resistance levels. These levels are crucial for understanding where prices are likely to reverse or break through.
When the high and low points rise, it's a signal that the market is trending upward, and you should consider taking long positions. Conversely, when high and low points fall, it's a sign of a downward trend, and shorting may be more appropriate.
Left-side trading refers to positions that have already been validated by the market, typically at established support and resistance levels on the chart. These are safer entry points because they’ve already proven themselves as significant areas.
On the other hand, right-side trading is about responding to the current market trend. For example, with BTC, the bullish trend line since $85,000 has now been broken. Any pullbacks that don’t exceed the previous structural highs or breach the trend line could be ideal short positions—this is the time to trade on the left side, where you’re taking advantage of established resistance. Understanding these dynamics helps you avoid jumping in without considering the bigger picture and market validation. #BTC $BTC