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

Click to open the video "Today's Market 5.21": https://zhuanlan.zhihu.com/p/699040904

Click to open the video "Today's Market 5.21": https://weibo.com/7866282591/OfklSxViG

Click to open the video "Today's Market 5.21": https://youtu.be/ZNQH8QEE5Ds

(Video recording time: 2024.5.21.14:00)

☀ BTC major trend: upward;

Minor trend: upward;

Short-term trend: oscillating;

BTC spot or low leverage: it is recommended to wait for a pullback.

☀ ETH major trend: upward;

Minor trend: upward;

Short-term trend: oscillating;

ETH spot or low leverage: it is recommended to wait for a pullback.

✿Yesterday and the day before, Lao Wang kept saying that BTC 67300 and ETC 3140 are important resistance levels. If they are broken, don't go short. ETC may soon reverse its decline. Indeed, it came unexpectedly fast. It's risky to chase after it if you haven't gotten in yet. It's better to wait for a pullback. What if it drops directly? If there is a long and short watershed of 15 minutes or more for short positions, you can try it.

✿For those who haven't entered and need to add positions, you can try to automatically go long at the EMA60 indicator on the 15, 30, and 60-minute levels, with a stop loss not exceeding 1%. (Not every exchange has this function. If you don't know, you can ask me.)

✿Resistance above BTC: near 80300, 89000; Resistance above ETH: near 4740, 5470. These are mid-term territories in the bull market. Shanzhai will start to take turns dancing. Recklessly going short is like a mantis trying to stop a chariot or a cicada shaking a tree. Unless there is a long and short watershed of 2 hours or more, you can try it.

Trading with my analysis but without me is just wishful thinking. Analysis is subjective imagination. Trading must be done in line with the trend. As long as the market provides opportunities, whether long or short, you should strive to maximize profits at the smallest cost. If you're right, hold on; if you're wrong, run away quickly.

(For details, please watch the video)

✿ETH: Touch the EMA60 indicator on the 12-hour RSI6-20 and automatically go long at 2839 for unrealized profits. It is recommended to set a moving stop profit near 3040.

✿BTC: Positions at 38700, 46900, 47800, 50290, and 60700 for unrealized profits. It is recommended to set a moving stop profit around 60000 and hold on. For the long position entered at 56900 with the 12-hour RSI indicator at 20, it is recommended to set a moving stop profit at 60000 and hold on.

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《Focus Points》published at 2024.5.21.14:00 (Limit 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 points are not met. If accidentally activated, please manage profits and losses on your own):

Short: (Automatic commission) ❶ Touch the 12-hour RSI indicator at 90 and automatically go short, with a 1% stop loss (or manage profits and losses on your own)

Long: (Automatic commission) ❶ Touch the daily RSI indicator at 20 and automatically go long, with a 2% stop loss (or manage profits and losses on your own), ❷ Touch the white X line and automatically go long, with a 2% stop loss (or manage profits and losses on your own).

(Focus) ❶ Near 67300, ❷ Near 64700, Defend near 66700 and 64100, Target near 73000 or above.

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ETH Short-term Ambush Operation Suggestions (Do not open a position if the focus points are not met. If accidentally activated, please manage profits and losses on your own):

Short: (Automatic commission) ❶ Touch the 12-hour RSI indicator at 90 and automatically go short, with a 1% stop loss (or manage profits and losses on your own).

Long: (Automatic commission) ❶ Touch the daily RSI indicator at 20 and automatically go long, with a 1% stop loss (or manage profits and losses on your own), ❶ Touch the white X line and automatically go long, with a 1.5% stop loss (or manage profits and losses on your own).

(Focus) ❶ Focus near 3363, Stop loss near 3330, ❶ Near 3190, Defend near 3150, Target near 4045 or above.

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

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

Lao Wang's Quotes

✿Don't hold on to profits, because the profits brought back will eventually be given back to the market due to "holding on."

✿Don't guess the top or bottom, because the profits from guessing will eventually be given back to the market due to "guessing."

✿Don't rely on news, because that's just "guessing" the top and bottom.

✿Don't judge the trend based on secondary chart indicators.

✿Don't easily leave the market when in profit, because you might be running away at the halfway point.

✿Don't get excited when you see big bearish or bullish candles, because it might be a "show" for you to see.

✿Don't think that the market you see is the last wave of the market. As long as your capital is still there, there will be opportunities every day.

✿Don't trade frequently, as it will not only make you lose sight of the big picture and increase the chances of making mistakes, but also increase trading costs, which is not worth it.

✿Don't make counter-trend trades. If you're right, hold on firmly; if you're wrong, run away quickly.

✿Don't buy because the price is low, and don't sell because the price is high. Don't act recklessly unless the trend has changed.

✿Don't make trading your main business, don't stare at the screen, as the time spent staring at the screen is inversely proportional to the profit.

✿Don't 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 explode in the opposite direction of the majority's guess.

☯Trading is the most difficult skill to master. The more delicate it is, the less risky it is. 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's better to retreat and set up a net.

☯It's better to have a modest skill than to accumulate millions of wealth.

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