This article is published under KTX Crypto Academy's "Market Analysis" section and is based on the KTX Baize Academy official Web3 market livestream. It covers BTC, ETH, altcoin opportunities, market reviews, and trading education. This session focused on the difference between left-side and right-side trading, BTC's downside structure, ETH short-position management and defense logic, and right-side trading examples across ZEC, MAGMA, HYPE, and SOL.
Instructor: Baize
Livestream Platform: KTX Official Chinese Lark Community
Core Focus: Left-side/right-side trading education · BTC/ETH short-position review · ZEC/HYPE/SOL altcoin strategies
Full Livestream Replay:
The full KTX Baize Trading Academy Web3 market livestream has been uploaded to YouTube.
1.Key Takeaways
- This session was not only about trading levels. The main focus was understanding the difference between left-side and right-side trading.
- For most contract traders, right-side trading is a more suitable primary framework: do not try to catch tops or bottoms; wait for confirmed breakouts, breakdowns, and trend continuation.
- BTC is still being treated as a downside structure. Highs are moving lower, lows are moving lower, and short positions do not need to be closed too early because of ordinary rebounds.
- The key question for ETH is whether a short position can continue to be held. The answer should not be based on a single support level, but on whether the overall trend has truly reversed.
- ZEC, MAGMA, HYPE, and SOL were all reviewed using the same logic: first identify the higher-timeframe structure, then check whether the lower timeframe has given right-side confirmation.
2.Core Questions
- What is the difference between right-side trading and left-side trading?
- Why can closing a position as soon as price reaches support cause traders to miss the main downside move?
- Has BTC shown a real trend-reversal signal?
- How should traders understand the ETH 1755-1800 resistance and defense zone?
- Among ZEC, MAGMA, HYPE, and SOL, which names are more suitable for a right-side short strategy?
3.Trading Education: Prioritize Right-Side Trading and Reduce Left-Side Trades
Baize began this session with trading methodology. The core topic was the difference between right-side trading and left-side trading.
The key idea behind right-side trading is not to predict tops or bottoms. It is to wait until price has already completed a breakout or breakdown, then trade in the direction that has already been confirmed.
Right-side entry logic:
- Do not try to catch the top.
- Do not try to catch the bottom.
- Focus on whether the trend has already broken out or broken down.
- Focus on whether the current move is continuing.
- Trade with the trend instead of betting on reversal too early.
Baize emphasized that many beginners lose money because they want to buy whenever price falls and short whenever price rises. It may look like they are looking for a better price, but in practice they are fighting the trend.
The hardest part of right-side trading is not reading the chart. It is controlling mindset. Right-side trading usually does not enter at the absolute bottom or top. It aims to capture the confirmed trend move after confirmation.
4.Exit Logic: Do Not Fully Close Just Because Price Reaches Support
Baize spent a significant part of the session discussing exit logic.
Many traders open short positions and then immediately reduce or fully close once price reaches a support level. The reason is usually fear of giving back profit. But if the trend has not truly reversed and price is only making a normal rebound, exiting too early can cause traders to miss the next acceleration move.
A more reasonable right-side exit framework:
- Do not fully close just because price reaches support.
- Do not exit just because of an ordinary rebound.
- Wait for real trend-reversal signals.
- If highs and lows continue to move lower, the downtrend remains intact.
- Only when price forms a higher high, a higher low, or breaks a key neckline should traders consider that the trend may be changing.
Baize used the ETH short-position review as an example. Whether a short position can be held through a trend does not depend on one support level. It depends on whether the overall structure has been damaged.
5.ETH Review: The 1665 Neckline Is an Important Trend-Reversal Reference
ETH was one of the main teaching examples in this session.
Baize explained that during ETH's previous decline, highs continued to move lower and lows continued to move lower, which means the bearish structure had not been truly broken. Although ETH had a strong rebound at one point, it should not be treated as a real trend reversal unless it breaks the previous high or a key neckline.
Key levels mentioned in this session:
- Around 1600: an important previous downside low area
- Around 1665: key neckline/resistance reference
- 1755-1766: short-term resistance observation zone
- Around 1775: rebound-short reference area
- Around 1800: short-position defense reference
Baize's core logic: if ETH cannot effectively break above the key neckline, it should still be treated as downside continuation. If ETH breaks upward and then retests the neckline without losing it, that would suggest the bearish structure may have changed.
For short-term trading, ETH is currently better watched around the 1755-1766 area. If it rebounds toward 1775 and still fails to break through, the rebound-short idea remains valid, with defense near 1800.
6.BTC: Lower Highs and Lower Lows Mean Shorts Should Not Be Managed Too Early
For BTC, Baize continued to apply right-side thinking.
The core BTC view is that highs are moving lower and lows are also moving lower. As long as BTC has not formed a higher high or higher low, traders should not easily assume the trend has reversed.
Key BTC logic from this session:
- BTC has already formed a clear downside structure.
- Rebound highs are becoming weaker.
- Lows are also continuing to move lower.
- Short positions do not need to be frequently managed because of normal rebounds.
- The defense level can be placed around the previous rebound high that price failed to break.
Baize also explained BTC using wave structure. If the current move is a five-wave decline, the fifth wave needs to break below the third-wave low to be considered complete. If it cannot break the prior low, the structure should only be treated as consolidation or an unfinished pattern.
Therefore, BTC should not be considered a reversal simply because it rebounds. The market needs to show a real right-side reversal signal first.
7.Altcoin Opportunities and Risk Review
7.1 ZEC: Head-and-Shoulders Structure, Neckline Breakdown, and Weak Retest
ZEC was used as a classic chart-pattern example in this session.
Baize pointed out that ZEC has already formed a relatively clear head-and-shoulders structure on the daily chart. A neckline does not have to be perfectly horizontal; a slanted neckline can also be used as a valid reference.
The current issue with ZEC:
- A strong decline has already appeared.
- The head-and-shoulders structure is relatively clear.
- After breaking the neckline, the retest has lacked strength.
- If price cannot reclaim the key area, the bias remains bearish.
The key with this type of structure is not to chase shorts. It is to wait for price to retest the key area, observe whether the rebound is weak, and then decide whether the short setup is still valid.
7.2 MAGMA: A Right-Side Short Example After Breaking a Long-Term Key Level
MAGMA was one of the practical right-side trading examples in this session.
Baize mentioned that from the afternoon of June 7 to noon on June 18, a key level had not been broken. The real trading opportunity was not guessing that it would fall in advance, but waiting for that key level to break, then waiting for a retest confirmation before shorting with the trend.
This shows the advantage of right-side trading:
- No need to predict the top too early.
- No need to hold through long periods of adverse movement.
- Direction becomes clearer after the key level is broken.
- If the retest fails to reclaim the key area, traders can follow the breakdown.
7.3 HYPE: Daily/4H Pullback Demand and 30-Minute Right-Side Weakness
HYPE was another key altcoin reviewed in this session.
Baize said that HYPE had already shown a relatively strong decline, which means the short-term structure had been damaged. Price then moved back into a key resistance zone and showed a false breakout above the prior high, likely taking liquidity.
Current HYPE logic:
- Daily and 4H timeframes show pullback demand.
- Do not rush to short the first M-top area.
- Wait to see whether price breaks the previous high and then falls back below it, which may indicate liquidity-taking.
- The 30-minute chart has already shown lower highs and lower lows.
- After lower-timeframe right-side confirmation, short setups become more reasonable.
The focus is not to chase a one-way move in HYPE. The focus is whether it has completed the shift from left-side anticipation to right-side confirmation.
7.4 SOL: Resistance at 75-76, Support Near 70
SOL was also briefly reviewed.
Baize mentioned that SOL previously had resistance around 75-76. Price has now pulled back toward the 71 area, with short-term support roughly near 70.
SOL should be handled using the same framework as the other names. If highs and lows continue to move lower, it should still be treated as a downside structure. If SOL later breaks back above the descending trendline or key resistance zone, then traders can consider whether the trend is changing.
8.Core Trading Principles
- Prioritize right-side trading: For most traders, right-side trading is a more suitable main framework than left-side trading.
- Do not catch tops or bottoms: Do not short simply because price has risen, and do not buy simply because price has fallen.
- Exit based on trend reversal: Ordinary support and ordinary rebounds do not mean the trend has ended.
- Highs and lows are the core: In a downtrend, as long as highs and lows continue to move lower, do not assume reversal too early.
- Define defense clearly: For short positions, defense can be placed near the previous rebound high. If price breaks it, then reassess.
- Reduce left-side trades: Left-side trading is more suitable for traders with large capital and strong tolerance for volatility. It is not ideal for most high-leverage contract traders.
- Discipline is more important than judgment: Understanding the method is not difficult. The hard part is executing it consistently.
9.Live Resources and How to Join
Users who have not joined the official KTX Lark community can scan the QR code in the upper-right corner of the livestream or at the bottom of the page to join the group. Daily market views, livestream notifications, strategy reviews, and related activities will be shared in the group.
Baize Academy · 10 Years of Contract Trading Experience · Professional Learning and Practice for a Different Future
This article is compiled from the KTX official Chinese community livestream. All market analysis and trading ideas are for reference only and do not constitute investment advice. Cryptocurrency and contract trading involve high risk. Please participate cautiously based on your own risk tolerance.