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The visit of the 'understanding king' to China is from May 13-15. What major events might unfold?
Trade and Tariffs: The US wants China to buy more American goods, like soybeans and planes, while lowering tariffs. China aims to stabilize exports and avoid being choked. There might be some minor agreements or statements signaling a thaw in relations, but it won't resolve all issues overnight.
Iran and the Middle East: Right now, the Strait of Hormuz is buzzing, and the US hopes China will help pressure Iran to prevent oil prices from skyrocketing. China also wants stability to avoid a global economic fallout.
Tech and Taiwan: Sensitive topics like chips, rare earths, and AI will be touched upon, but it's likely to be more talk with small concessions rather than a major overhaul.
Overall Tone: Both sides aim to showcase controlled relations and avoid direct confrontations. After the meeting, there might be an announcement about a return visit to the US later this year, serving as a confidence booster for the market.
Outcome: No mega surprises, like a complete end to the trade war. However, it won't collapse either; it’s more about cooling down, discussing, and signing some deals. In the short term, benefits may outweigh the downsides. For the crypto space, simply put: there might be a rebound in the short term, but looking at the larger trend, expect a fluctuating downtrend or gradual decline. For those trading contracts, manage your positions well; risk comes first!
Bitcoin surged to 82,000, then pulled back to 80,000, shaking out both longs and shorts
Big players usually wash out both sides before meetings
Clear out spot positions; for contracts, focus on shorting above 83,300!
(2) Countdown to the meeting: 3 days, what’s the move?
The understanding is that the King is visiting China, bringing along the CEOs of Nvidia, Apple, and Boeing
So far, there’s been no official announcement from the Chinese side; both sides are still negotiating
Initial plan: pump to 83,000 before the meeting and cash out Reality: stuck around 80,000 for a week with no movement
(3) What to do for short-term trading now?
Scenario A (50% chance): On 5/12-13, suddenly pump to 83,000-84,000, and then short immediately
Scenario B (45% chance): On 5/14, the meeting day, good news may pump the market to entice longs, but after the meeting, a drop is likely, so be ready to run when it pumps
Scenario C (5% chance): Negotiation results underwhelming, potentially leading to a waterfall drop, though this is less likely
For those who have already made profits from bottom fishing Bitcoin in the short term, definitely set your take-profit and stop-loss levels to protect your capital; learn to avoid losses before you can earn
Then on 5/15, Powell's inauguration speech might provide another pump opportunity before another drop, so keep a close watch.
As long as we don't drop below 79000, we could see one last bounce, and then we’ll be eyeing the resistance around 83300. If we break that level, it signals the start of a bearish trend. Hope you've cleared your spot positions! Keep those short orders ready! The bearish trend is looming, and with a whole month until the World Cup, let's sit back and watch the show!
90% of the wealthy operate in the gray area, don't believe it?\n\nA lot of rich people's money isn't exactly clean. You're clean, which is why you're broke. Kids live in a black-and-white world, while the wealthy thrive in the gray zone. Behind the glamour, there's either hardship or dirtiness. Lei Jun of Xiaomi spent a good amount of time at Meizu, mastering all the core technologies before going back to start Xiaomi. Bill Gates, when he first founded Microsoft, stole a ton of info from Jobs.\n\nPoor folks often measure others by moral standards; they’ll say, 'You’re plagiarizing, you’re stealing.' They’re not wrong. Others may act unethically, making you seem the most honorable, yet after all these years, you’re still empty-pocketed while they’re swimming in cash.
If you had invested 1000 bucks in Bitcoin back in 2010 and held onto it until now, it would have skyrocketed to 10 billion RMB. Sounds easy, right? Just hold on tight, right?
But when you actually take a look at that profit curve, you'll realize that the psychological rollercoaster of holding those 1000 Bitcoins is something most people can't handle: 1000→100k→1M→30k→5M→800k→20M→3M→500M→80M→10B.
So, ask yourself again, could you really hold on through all that?
A few days ago, I went to KTV for some foot massage, and there was this girl named Zhiying, only 22 years old, looking super fresh, like a college student. I decided to go for her. She told me she got into this game because her family is struggling; her dad has heart issues, and the medical bills piled up, so they’re in debt.
After that, I called her a bunch more times, and we got familiar. One time, after she had a few too many drinks, she spilled the tea that completely flipped my perspective: she actually loves to seduce wealthy older men, specifically married ones. She said the best part is watching their wives call in tears while I’m right next to them, and she makes sure to be loud about it.
Another time, she was tipsy and showed me her phone gallery. It was packed with videos of her with different guys—some in cars, some in hotels, and even in nightclub restrooms. The most shocking part was a folder called 'Group Package,' filled with records of her sleeping with multiple guys at the same time. She proudly said that this way she could rake in several times the cash.
In the end, she laughed and said, 'I’m making over 200k a month now, but the best part isn’t the money; it’s turning those hypocritical men into dogs.' After hearing that, I was completely stunned, but she still smiled sweetly. Just thinking about it now gives me chills!
Bitcoin's been range-bound over the weekend, showing three consecutive green candles on the monthly chart, but the volume is fading. The MACD lines are still far from the zero line, indicating a need for a pullback. Right now, we're seeing a classic retracement in a downtrend. The weekly RSI is already in overbought territory, and the price has hit a dense supply zone above. On the daily chart, we haven't broken down yet, so it's uncertain if we might see one last hurrah in the short term. I'm giving it a 50% chance! If there’s a final pump to trap longs, the 83,000–84,000 range would be an excellent short opportunity!
Men around 40 can get divorced and, as long as they have some economic ability, they can find girls in their 20s, women in their 30s, or even those in their 40s—there's a wide age range.
Women around 40, on the other hand, if they want to remarry, regardless of their economic situation, boys in their 20s think they're too old, men in their 30s find them unreliable, and men in their 40s weigh the pros and cons, leaving their options relatively limited.
I just scrolled through Douyin and came across a girl named Meng Xiaoqi, who is calling out Liang Xi for his behavior during their time together. She said: 'Liang Xi has always been lying. He borrowed 4000U from me, and I begged him to pay me back, saying he promised to return it last month, but it's the end of the month and he still hasn't.
He claimed he was going abroad this month and would pay me back, but he hasn't done that either. He keeps saying he’s in touch with Sun Ge (Sun Yuchen), but Sun Ge long deleted him. He’s just riding on his coattails and scamming people. Last time at his place, he made me order a Pizza Hut for 270 bucks, and he didn't pay me back. I clearly ordered takeout for myself, but he kept munching on my fried butterfly wings, which cost 190 bucks in total. I only ordered a little over 200 bucks worth of food, and he kept eating my stuff.
He always talks about how glorious his past was, but those achievements belong to a different time. What about now? He’s stuck in the past, unable to move forward. I look down on him!
The above is Meng Xiaoqi's original words, and it shows just how far Liang Xi has fallen.
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