The truth is always held by a minority, otherwise there won't be enough rice to go around.

Click to open the video "Today's Market 5.20": https://zhuanlan.zhihu.com/p/698814894

Click to open the video "Today's Market 5.20": https://weibo.com/7866282591/OfaIy36wi

Click to open the video "Today's Market 5.20": https://www.bilibili.com/video/BV1dr421575Z?t=5.0

(Video recording time: 2024.5.20.14:00)

☀ BTC major trend: upward;

Minor trend: upward;

Short-term trend: upward;

BTC spot or low leverage: If you can accept a stop loss at 63000, you can buy on dips.

☀ ETH major trend: downward;

Minor trend: upward;

Short-term trend: upward;

ETH spot or low leverage: If you can accept a stop loss at 2920, you can buy on dips.

✿In the first three videos, Lao Wang said, "Breaking through 67300 is crucial! If it can break through, the minor trend will completely change, and then it is not recommended to short again!" Well, based on the current situation, unless it falls below 64500 again, do not short again.

✿Analysis with me and trading without me, analysis with subjective imagination is nothing but wishful thinking. Trading must follow the trend and take advantage of opportunities given by the market, regardless of long or short positions, to seek maximum benefits at the smallest cost. If right, hold on; if wrong, run away quickly.

(For details, please refer to the video)

✿ETH: Buy at positions near 4045 and 3670 and set a moving stop profit at around 3240. On May 18, the order was automatically shorted at 3135 when it touched the daily EMA60 index, with a stop loss set at most 2%.

✿BTC: Buy at positions near 38700, 46900, 47800, and 50290 and set a moving stop profit at around 56700. When it touched the 12-hour RSI index of 20, the order was automatically executed at 56900 for a long position, and it is recommended to set a break-even stop or 58600. Buy at positions near 60700 and set a break-even stop or hold near the low of the previous cycle. On May 17, the short position was entered at 67300 and the stop loss was continued at 68200.

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The "Focus Positions" was released at 2024.5.20.14:00. (Limit price orders are very dangerous, and stop loss losses may be significant! Please operate with caution.)

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BTC Short-term Ambush Focus Suggestions (Do not open a position if the focus positions do not meet the conditions. If accidentally activated, please handle the profit and loss by yourself):

Short: (Automatic order) ❶ When the 12-hour RSI index touches 80, automatically short, with a stop loss of 1.5% (or handle it by yourself), ❷ When the red X line is touched, automatically short, with a stop loss of 1.5% (or handle it by yourself).

Long: (Automatic order) ❶ When the daily RSI index touches 20, automatically long, with a stop loss of 2% (or handle it by yourself), ❷ When the white X line is touched, automatically long, with a stop loss of 2% (or handle it by yourself).

(Focus) ❶ Near 64600, ❷ Near 67500, defend near 63000, target near 73000 or above.

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ETH Short-term Ambush Operation Suggestions (Do not open a position if the focus positions do not meet the conditions. If accidentally activated, please handle the profit and loss by yourself):

Short: (Automatic order) ❶ When the 12-hour RSI index touches 80, automatically short, with a stop loss of 1.5% (or handle it by yourself), ❶ When it touches the upper rail of the downward parallel line segment, automatically short, with a stop loss of 1.5% (or handle it by yourself). ❶ When the white X line is touched, automatically short, with a stop loss of 1.5% (or handle it by yourself).

Long: (Automatic order) ❶ When the daily RSI index touches 20, automatically long, with a stop loss of 2% (or handle it by yourself), ❶ When it touches the lower rail of the downward parallel line segment, automatically long, with a stop loss of 1.5% (or handle it by yourself).

(Focus) ❶ Focus near 3017, stop loss near 2960, ❶ 2720, defend near 2680, ❶ 2400, defend near 2350, target near 4045 or above.

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Special Reminder: Do not trade frequently, and do not make counter-trend limit price orders.

The operation suggestions are fixed after release, but the market changes rapidly like a battlefield. In order to reduce risks, increase the winning rate and profit rate, it is strongly recommended to watch the more scientific methods in the video for a comprehensive understanding.

Lao Wang's Quotes

✿Do not hold on to profits, the profits brought back will eventually be given back to the market.

✿Do not guess the top or bottom, the profits guessed will eventually be given back to the market.

✿Do not guess the top or bottom, because it may still be halfway up the mountain.

✿Do not rely heavily on news, because this is still "guessing" the top and bottom.

✿Do not judge the trend based on secondary chart indicators.

✿Do not easily exit when in profit, because you may be running halfway up the mountain.

✿Do not get excited when seeing large bearish or bullish candles, because it may be a "show" for you to see.

✿Do not think that the market you see is the last wave of the market and act recklessly; as long as your capital is there, there will be opportunities every day.

✿Do not trade frequently, not only will it make you lose sight of the big direction and increase the chance of making mistakes, but it will also increase trading costs, which is not worth it.

✿Do not make counter-trend trades, hold firmly if right, run away quickly if wrong.

✿Do not buy low out of greed, nor sell high because of the price, do not act recklessly without a change in trend.

✿Do not make trading your main business, do not stare at the screen, the time spent staring at the screen is inversely proportional to the profit.

✿Do not easily trust others' opinions, unless you are sure they are worth believing.

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☯The market is guessed by the majority, and when it accumulates to a certain amount, it will erupt in the opposite direction of the majority's guess.

☯Trading is the most difficult skill to master, the more delicate, the smaller the risk, impatience and roughness will be extremely dangerous.

☯Qualified traders not only need to grasp the direction of the major trend, but also need to have the ability to insight into micro changes, because any major market movement starts from the one-minute cycle and never returns…

☯Rather than envying the fish at the edge of the abyss, it is better to retreat and set up a net.

☯Accumulating wealth of millions is not as good as having a skill.

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