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#以太坊ETF批准预期 #blur #比特币 #sol #bome
🔹Reviews of Cognitive Society
Bitcoin's rebound to 62,400 on June 27 was completely in line with the expectations of the Cognitive Society.
The overall Shanzhai market is still very weak. With such a deep fall, it is normal for there to be a huge rebound.
A market surge requires stories and emotions. If the Ethereum spot ETF is approved in July, Ethereum and altcoins will normally see a surge, and it would be good if Bitcoin could fluctuate sideways.
After all, there are too few new retail investors entering the market. If Bitcoin also surges, it is estimated that the rebound will not last too long.
Bitcoin 62400 is not a strong pressure point. More importantly, the market lacks incremental funds for Bitcoin spot ETFs. The real strong pressure point is around 65000.
There is still some time before the Ethereum spot ETF is open for trading, so every time there is a sharp drop in Ethereum, it is the first thing to consider.
🔹The K-line spirit of cognitive society
Many new fans feel that the articles of Cognition Society do not have direct bullish or bearish opinions, which affects the chances of making money by playing contracts. The principle of Cognition Society is to play more spot in a bull market. We do not over-judge the rise and fall of short-term prices. This is not Tai Chi, but Cognition Society has its own principles.
Cognitive Society does not know when Bitcoin will plummet, but we remind ourselves that every time Bitcoin plummets, it is an opportunity. We enter the market when Bitcoin plummets and deploy our favorite Ethereum UNI and hot altcoins.
Therefore, if you hold 8 layers of positions, you should control your positions to around 7 layers when Bitcoin accelerates its rise. In the bull market, don't fantasize about shorting your positions every time Bitcoin plummets.
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Yesterday, GBTC had a net inflow of $4.3 million and ARKB had a net outflow of $4.9 million. In addition, BITB, EZBC, and DEFI had no inflow/outflow of funds.
📍Interpretation of Cognition Society: There is not much buying in Bitcoin spot ETF recently, and it is estimated that everyone is waiting for Ethereum spot ETF.
JPMorgan: Mt. Gox creditors expected to sell some of their Bitcoin receivables next month
Analysts at JPMorgan Chase said that Mt.Gox creditors are expected to sell some of their Bitcoin receivables next month, which may initially put pressure on the crypto market (while it is ongoing), but the market may recover from August as FTX creditors also expect to receive repayments in the coming months. Analysts further said that these repayments from FTX may support the crypto market, and creditors may reinvest the funds in crypto assets.
📍Cognition Society Interpretation: Mentougou should not be the one that issued the original Bitcoin.
VanEck: VanEck Solana Trust is the first Solana ETF to be filed in the United States
Matthew Sigel, head of digital asset research at VanEck, said that he had applied to the U.S. Securities and Exchange Commission (SEC) for a Solana ETF. The new fund, called VanEck Solana Trust, is the first Solana ETF to be applied for in the United States. He said: “The native token SOL functions similarly to other digital commodities such as Bitcoin and Ethereum. It is used to pay for transaction fees and computing services on the blockchain. Like ETH on the Ethereum network, SOL can be traded on digital asset platforms or used for peer-to-peer transactions.”
📍Interpretation of Cognitive Society: Cognitive Society first proposed that the copycat ETF may be UNI SOL XRP
dYdX introduces in-app staking functionality
dYdX announced the introduction of in-app staking on the X platform. Instead of using a third-party wallet, DYDX holders can now stake and unstake DYDX and earn USDC staking rewards using the dydx.trade interface. To do this, users send DYDX to their wallet address trading on dYdX Chain and then use it to stake their tokens.
📍Interpretation of Cognition Society: Can DYDX profits be given to those who hold the currency?
Market News: US Government Sends 4,000 Bitcoins to Coinbase
The U.S. government has sold at least 195,091 BTC since 2014, earning more than $366 million
Casa co-founder Jameson Lopp tracked the U.S. government's bitcoin sales and found that the U.S. government has seized and sold at least 195,091 bitcoins since 2014, making more than $366 million in profits. According to data site Bitcoin Treasuries, the U.S. government currently owns 213,546 bitcoins, worth more than $13 billion at current market prices, making it one of the world's largest bitcoin holders. Meanwhile, the German government is the world's fourth-largest sovereign bitcoin holder, behind only China and the United Kingdom, with 46,359 bitcoins.
📍Cognition Society Interpretation: The US government has always supported Bitcoin, and selling it is not a bad thing.
🔹Summary: The biggest factor affecting the market is the compensation plan of Mentougou. Every time Bitcoin plummets, it is an opportunity for Ethereum to enter the market.
There is no destructive negative news. Bitcoin 56600 is likely to be the bottom area of the third historical bottoming out.
May 2024 is the mid-term of the bull market for Bitcoin and Ethereum. Every plunge is an opportunity. Long-term K-line research focuses on Ethereum UNI OP NEAR BLUR and Link Bread;
🔹Short-term data
Disclaimer: The K-line data analysis provided by Cognitive Society is based on data analysis, does not represent any position, and does not confiscate any project party a penny.
🏷Bitcoin
Support: 60000 58500
Pressure level: 62300 63000
🏷Ethereum
Very strong, 3500 3600 pressure level
The bottom-fishing power near 3300 is very strong
Ethereum has the protection of Ethereum spot ETF. Even if Bitcoin plummets, Ethereum's 3000 is still a super strong support level.
If the Ethereum spot ETF is traded in August, there are still 2 months left
Focus for the next six months
A sharp drop in Ethereum is an opportunity to enter the market
Deploying Ethereum is the core strategy.
Pressure level: 3460 3500
Support: 3400 3360
🏷LINK
It's too much if you don't even touch 14.8
New value, new RWA leader, the plunge can be configured, cognitive society 22 23 years 5 layout LINK
🏷 him
Struggling around 9, 10 and 11 become strong pressure points
Pressure level: 9.6 10
Support: 9.1 8.5
🏷️BLUR
The price of coins plummeted due to airdrops
Deep set
Tank
Cognition Society believes that BLUR is below 0.38 and some long-term investments should be allocated in batches
🏷OP
2 Unexpectedly... can't touch
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 1.85 2
Support: 1.68 1.6
🏷️
The rebound around 24, 27 and 30 are strong pressure points
🏷ARB
Only when it stands firmly at 0.85 can it avoid a sharp drop, and only when it stands firmly at 1 can it stabilize
Cognition Society believes that the layout below "ARB" 1 is carried out in batches
🏷CRV
Stimulus. It is expected to fall back, but it is 0.28 in one breath. Let's see the strength of the rebound to 0.26.
CRV is backed by the main force, and the sharp drop can be watched
🏷️UN
2.8 is a strong pressure point, and the rebound from 2 is very fast.
🏷️TREES
It rebounded, and the trapped brothers reduced their positions by a portion. 0.0115 is a strong pressure point
Other copycats are just playing badly and not updating.
🔹Understanding attitude towards making money
Cognitive Society does not like hindsight
I don’t like those KOLs who claim that they can make a lot of money.
If someone in the cryptocurrency circle could profit from the rise and fall of every coin
Leverage is not about making 10 billion a year
But the second largest exchange on earth saw the market makers manipulate the market, and it only lost billions and went bankrupt.
Form your own trading system and make money within your own cognitive scope. Don't fantasize about making money from every daily rise and fall, let alone the rise and fall of every coin. This person does not exist on the earth, nor does this kind of organization. If such an organization existed, FTX, the exchange that looks after the main backstage, would not have gone bankrupt.
Desire and ability are not equal
The heart can never be at peace
How can you hold on to the coins if you are not calm inside?
Many people always like to rely on other people's promises and guarantees to hold on to their coins when the market crashes.
Banks are going bankrupt. Even some big countries’ fiat currencies are going bankrupt. Evergrande and Zhongzhi Group are bankrupt with tens of trillions of dollars.
Do you think people who promise returns can be trusted in such a high-risk place like the crypto industry?
The charlatan is just talking nonsense. As for the real crash and bear market, have you ever seen those people who promote the bull market every day?
