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A woman from Hangzhou hid from her husband that she spent over 1.6 million at a KTV.\n\nMr. Cao has been out on business for a long time, handing all his money to his wife, Ms. He, to manage. One day, Ms. He was taken by her girlfriend to a newly opened KTV to unwind, where they offered two male models for free companionship.\nAt first, Ms. He felt a bit awkward, but the male models kept calling her 'sister', with their looks, abs, and smooth talk, she was instantly hooked. After that, she got totally caught up in it, actively going back to the KTV multiple times to book male models, tipping over 600,000, and spent more than 1 million on drinks, nearly all of which were consumed by the male models. This money was originally left by her husband for her to use in business.\n\nWhen Mr. Cao noticed something was off with the funds, Ms. He tearfully confessed that she was 'mentally controlled' by the male models. Mr. Cao, feeling soft-hearted, forgave his wife but insisted on getting a refund from the KTV. The KTV outright refused. According to Article 148 of the Civil Code, only proof of fraud can annul a contract. The sales tactics and the display of abs by the male models are considered normal business practices and are hard to define as fraud.\n\nPreviously, there were similar cases in Guangdong and Zhejiang, where courts often ruled that consumers engaged in voluntary spending, and refund requests were mostly denied.\n\nWhat does everyone think?
(1) Official announcement, Trump’s visit to China moved up
Originally scheduled for May 14-15, now arriving in Beijing on the evening of May 13, with formal meetings on May 14-15
The announcement came earlier than expected, and the pace is tighter than anticipated, indicating both sides want to seal the deal
From tonight until Friday, major news could drop every day, so keep your eyes peeled
(2) Let’s first look at South Korea in the next couple of days
May 12-13, the US and China are sitting down in South Korea to discuss trade, serving as a warm-up before the meetings
If talks go smoothly → Trump lands in Beijing on Wednesday, and the market might jump the gun
If talks get tense → the outcome will only be clear on the day of the meeting, and the market might lag until May 15
By the way, from on-chain data, institutions have been accumulating over the past couple of days, big funds haven't exited yet; who knows what they're up to
(3) What to do today
Keep your positions stable, take profits if you're in the green, don’t let unrealized gains turn into losses
If the talks in South Korea go well → Bitcoin spikes to 8.3 → clear your position, secure those gains
On the day of the meeting (May 14), if good news is confirmed → exit before the meeting wraps, don't get greedy for the last bit
If talks fall apart → drop below 80k → or even lower, don’t bet on a rebound
There could be a big shake-up any day now, avoid spot buying, remember, prioritize shorting contracts!
It's been 18 years, a forever ache in the hearts of the Chinese people, may the departed rest in peace. How many of you still remember the Wenchuan earthquake back then?
A 34-year-old full-time housewife from Henan excitedly headed to a reunion, only to find herself in a private room with 12 male classmates. Unprepared, she ended up performing at the table, and the results were disastrous—her private moments ended up being spread all over the internet, ruining her reputation.\n\nThe online backlash was fierce, with netizens questioning: "Why didn't she clarify the situation before the gathering? With all those male classmates, a self-respecting woman would never have shown up. Who can she blame for her own lack of discretion? She should take full responsibility for her actions. A person who values themselves wouldn't get played like that; upon discovering it was all guys, she should have made an excuse to leave.\n\nMoreover, she was the class beauty back in the day, with her husband involved in the building materials business, living quite comfortably. She went all out with her makeup for the meeting, presenting herself like a princess, and nearly had a wardrobe malfunction while trying to flirt. Mistaking a lack of boundaries for boldness and interpreting the lewd antics of these men as admiration. Little did she know, these middle-aged men saw her as nothing more than a joke at the drinking table and a side dish.\n\nWhile her husband worked hard outside, she willingly degraded herself at the table, losing her dignity and failing her family. This farce was truly lowbrow and disgraceful.\n\nDo you think it's her fault?
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!
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