5.20 Lab:

1. Expectations for a rate cut in the United States have rebounded. The Dow Jones Industrial Average closed above 40,000 points for the first time in history, rising for five consecutive weeks. The S&P rebounded and approached a record high. The Nasdaq fell for two consecutive weeks, both rising for two consecutive weeks.

2. Nvidia released its heavy earnings report after the market on Wednesday this week; Microsoft held its annual Build developer conference on Tuesday.

3. $BTC . In the evening, the Iranian presidential plane crashed. BTC took the lead in plummeting. I don’t understand what the connection is. Now you have to worry about the presidents of various countries when speculating in cryptocurrencies.

4. After $PYTH was unlocked, it fell all the way. The unlocking and pulling routine is not working.

5. Dayou’s#Hodlis donating to Binance hot wallets. After listing on Binance, 50% of the circulation will be airdropped. I don’t know if the multiple accounts will be witched.

5.20 Mainstream market:

1. BTC held at 66,000 for 4 hours after the callback. The daily line did not break the upward trend, and the weekly line is still bullish. The goal is to test the 6.7 pressure level again.

2. ETH's 4-hour support is around 3650, following BTC but weaker than BTC. (I don't know when it can reach 3300)

3. SOL's 4-hour support is around 169, and its trend is stronger than BTC. It first tested the pressure level of around 172. SOL's wave is obviously the strongest.