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🔹Reviews of Cognitive Society
On April 8, Bitcoin once again sprinted to 72,700, which was in line with the expectations of the cognitive society. Ethereum also soared, but the rebound strength of the copycat was quite touching, which seemed too cowardly.
When retail investors chase high prices and are too far from the cost, their desire to participate in the market will decrease. Because of the surge in Ethereum, NEO QTUM CELR in the public chain sector has skyrocketed, but after a long bear market, there are too few people holding this old public chain, so there is no pressure to pull the price.
If Bitcoin stabilizes at 73,000 and Ethereum stabilizes at 3,700 on April 9, the altcoin should have a need to catch up; but if Ethereum is trapped at 3,680 and plummets, it is estimated that there will be another wave of squatting at 3,480.
The MACD of Bitcoin's daily line is approaching 0 again. Whether it can reach 0 is of great significance. After all, it means that the daily level has condensed confidence, and the bull market itself is the continuous effect of confidence.
SOL185 200 is the key pressure point. If it stands firm at 185, there is hope for a second peak.
SOL is of great significance to the entire SOL ecosystem, such as BOME JUP JTO
Click to go directly to the comments on the hot trend of copycats on April 8
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🔹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.
🔹Understand the position attitude towards the bull market
Cognition Society believes that under the premise of a bull market, when encountering a high-risk area after a big surge, it is ideal to hold 6 to 8 positions (8 for a comfortable economy and 6 for a tight economy).
Don’t fantasize about escaping the top in the early and middle stages of a bull market, let alone escaping at every top. Even escaping at 312 in 2020 may not necessarily be the right move.
You can use a God’s perspective to say that if you sell Bitcoin at 8,000, wouldn’t it be a good idea to buy it at 3,800 after 312 happens?
Daydreaming, 3800 in a flash, and soon 5900, not such an exaggerated profit, but if you don't buy it back in time, missing out on the big bull market of 69000 is the most painful.
If the initial peak of the bull market is not reached, you may suffer for a few months, but if you miss the bull market, you will suffer for four years.
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🔹 Daily Coin News Interpretation
1inch partners with Mastercard and Baanx to launch Web3 debit card that supports ATM withdrawals
1inch announced a partnership with payment giant Mastercard and Baanx to launch a Web3 debit card that will allow users to use cryptocurrencies for online and face-to-face purchases and withdraw cash at supported ATMs through seamless conversion of crypto to fiat currency.
Cognition Society Interpretation: The key point is that it does not mention which countries support it.
Many leading funds are using their Hong Kong subsidiaries to deploy Bitcoin ETFs, with spot business expected to be launched as early as Q2
Many leading fund companies are using their Hong Kong subsidiaries to indirectly deploy Bitcoin ETFs. Securities Times reporters learned in an interview that several institutions, including Harvest Fund Hong Kong subsidiaries and Southern Fund Hong Kong subsidiaries, are applying for and deploying Bitcoin ETFs. Among them, the product that Harvest Fund applied to the Hong Kong Securities Regulatory Commission is a Bitcoin spot ETF. In addition, China Asset Management's Hong Kong subsidiary recently reached a cooperation with a Hong Kong Bitcoin ETF custodian. Industry insiders predict that the relevant Bitcoin ETF application may be implemented as early as the second quarter of this year.
Market insiders believe that if the Hong Kong subsidiaries of leading public funds apply for Bitcoin ETF products, and further prove the maturity of their operations and market development potential, it is possible that more leading public funds will use Hong Kong subsidiaries to deploy Bitcoin business. So far, about 30 public funds have established subsidiaries in Hong Kong. (Securities Times)
Cognitive Society Interpretation: Why bother to drive out when the stock price was low?
Vitalik Buterin plans to attend 2024 Hong Kong Web3 Carnival on April 9 to give two speeches
Ethereum co-founder Vitalik Buterin will appear at the second venue of the Hong Kong Web3 Carnival on the morning of April 9 and deliver a keynote speech titled "Reaching the Limits of Protocol Design". It is reported that at 1:45 pm, he will also give a live sharing on the topic of "Building on Ethereum in the 2020s" at the main venue.
Cognitive Society Interpretation: I hope Vitalik will say something to boost the second-layer protocol, OP ARB....
🔹Summary: Bitcoin 72700 77000 is the key pressure point, with huge fluctuations; 24 years is the initial stage of the bull market of Bitcoin and Ethereum. Every plunge is an opportunity. The long-term K-line research focuses on Ethereum UNI OP NEAR BLUR and link cake;
🔹Short-term data for April 9
🏷Bitcoin
Support: 7000 68500
Pressure level: 73000 77000
🏷Ethereum
3680 is the key pressure point for fixed investment, 4000 is the target, and 3480 is the target for a sharp drop.
Pressure level: 3680 3760
Support: 3600 3520
🏷 him
Stuck at 12, in fact 13.3 is the key pressure point
Uniswap’s historical trading volume exceeds $2 trillion, exceeding Australia’s GDP
According to Cointelegraph on April 5, data from the Dune Analytics dashboard compiled by Zach Wong, head of strategy and operations at Uniswap, showed that the historical trading volume of the decentralized exchange Uniswap has exceeded 2 trillion US dollars, a milestone achieved five and a half years after its launch in November 2018. In comparison, Uniswap's $2 trillion trading volume exceeds the gross domestic product (GDP) of Australia, Brazil and South Korea.
Cognition Society is the only one that reminds the bottom area near UNI4
Support: 11 10.6
Pressure level: 12 13
🏷LINK
19.2 is the threshold, I haven't even reached it
Pressure level: 18.6 19.2
Support: 18 17.6
🏷1000SATS
0.00048 to 0.00056 box, depending on the choice
In case of a sharp drop in SATS, pay attention to it in batches. Here are the new batch of coins that Cognitive Society is paying attention to in the long term.
🏷1000RATS
0.3 pressure level 0.27 support, see where to break through
In case RATS plummets, pay attention to it in batches. Here are the new batch of coins that Cognitive Society is paying attention to in the long term.
Pressure level: 0.3 0.33
Support: 0.27 0.255
🏷DYDX
Weak
Every time DYDX plummets, you should allocate some and pay attention to it. The new batch of long-term coins that Cognitive Society pays attention to
Cognitive Society is very optimistic about the future and value of DYDX, which can be followed in batches
Pressure level: 3.3 3.5
🏷 AI
1.6 is stuck, 1.8 is the strong pressure point
Every time AI plummets, you should allocate some and pay attention to it. The new batch of long-term coins that Cognitive Society pays attention to
Support level: 1.53 1.5
🏷BNB
600 is the short-term pressure, 620 is the strong pressure level
Can you believe it?
On Earth, when BNB is around 200, Cognition Society exclusively reminds you to invest in BNB between 210 and 180
Support: 585 580
Pressure level: 600 610
🏷NFP
The highest 0.77 is the expected range, 0.81 is the key pressure point
Every time NFP plummets, you should allocate some and pay attention to the new batch of coins that Cognitive Society pays attention to in the long term
🏷CRV
Maximum 0.66
Pressure level: 0.66 0.69
Support: 0.63 0.61
🏷OP
Highest 3.3, next key 3.5
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 3.3 3.5
Support level: 3.1 3
🏷ARB
Continue to invest regularly, and reduce the rebound
Support levels: 1.5 1.45
Cognitive Society Earth Exclusive Reminder "ARB" 0.9 below the fixed investment, for example 0.88 0.85 0.82 0.79 0.76 0.73. The actual minimum is 0.74
🏷NEAR
7.5 Second plunge 7 is the key support level
When the price of NEAR23 is around 1, Cognition Society is the only one that reminds you to invest regularly when the price is around 1.3 to 1.
Pressure level: 7.4 7.6
Support: 7.1 6.9
🏷BLUR
The lowest point is indeed 0.5, and there will be a rebound if it does not break
0.56 0.58 short-term pressure level
🏷️
There is no market. Please suspend the update of this coin.
🔹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.
Mismatch between desire and ability
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?
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