The core of making profits through support and resistance levels is to utilize the high probability fluctuation patterns of the market at key positions to formulate trading strategies.

1. The essence of support and resistance levels: the market's 'traffic lights.'

• Resistance level: When the market rises, there are many people wanting to sell (strong selling interest) above, making it hard to rise further and easy to pull back, just like encountering a 'red light' while driving.

✅ Operation: When it rises to the resistance level, you can sell long orders (take profit) or open short orders (bet on a decline).

Example: If Bitcoin rises to the 69500/69900 resistance level, if it doesn't break through, sell the long order or short; if it breaks through, it indicates strong upward momentum, don't stubbornly hold short orders, quickly withdraw.

• Support level: When the market is falling, there are many people wanting to buy (strong buying interest) below, making it difficult to fall further and easy to rebound, just like encountering a 'green light' while driving.

✅ Operation: When it drops to the support level, you can sell short orders (take profit) or open long orders (bet on a rebound).

Example: If the asset drops to the 2410/2383 support level, if it doesn't break, sell the short order or go long; if it breaks, it indicates strong downward momentum, quickly withdraw long orders.

2. Core strategy for trading: 'Test at key positions, run if it breaks.'

1. Day trading ideas:

◦ When there are no sudden news events, place long orders at the first support level (bet on a rebound) and short orders at the first resistance level (bet on a pullback). If you make a profit, run, don't be greedy.

◦ If you want stability, wait for the second or third support/resistance levels to take action, as the probability of fluctuation is higher (but you may miss the first wave of opportunity).

2. Key principles:

◦ Don't stubbornly hold on! Breaking a resistance level = bullish too strong, quickly run from short orders; breaking a support level = bearish too strong, quickly run from long orders.

◦ Use small positions to test (e.g., within 5% position), small losses if wrong, big profits if right, a small bet for a big gain.

3. Pitfall reminder: Why do so many people lose money?

1. Don't believe in 'full margin betting': Even with 10x leverage, if your position exceeds 5%, one mistake could lead to liquidation, leaving no chance to recover.

2. Don't act like a 'gambler': Those stories of 'betting 10 to earn 100' are survivor bias; trading relies on probability to make money, not on gambling.

3. Don't pay 'tuition fees': Supporting pressure level orders is basic logic. Many 'teachers' charge hundreds to teach this, but it's better to understand the patterns yourself and watch reliable market analysis (like your Zhao Ge's updates) every day.

4. Summary: Profit formula = 'Position + Position Size + Discipline'

Support and resistance levels are tools for 'finding buying and selling points,' but the real key to making money is:

• Find accurate support/resistance levels (rely on experience or reliable analysis);

• Control risk with small positions;

• Stop loss if it breaks, don’t stubbornly hold on.

In simple terms, it's 'testing with small costs at positions with high probability of rising or falling, if right, you earn, if wrong, you run'; don't think of trading as gambling on size, making money relies on patterns for the long term.