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🔹Reviews of Cognitive Society
On May 22, Bitcoin fell back to the lowest point of 69100 and was close to the support level of 68500 in the article of Cognitive Society yesterday.
The highest point of Bitcoin rebound on May 21st was 72,000, which coincides with the pressure point of 72,000 in the article of Cognitive Society yesterday.
On May 20, Bitcoin fell back to the lowest point of 65,800, which coincided with the support level of 65,800 in the article of Cognitive Society yesterday.
Bitcoin's retracement is not strong, but the retracement after the surge of Ethereum is strong. Everyone is looking forward to the Ethereum spot ETF, but also panicking in case it fails tomorrow.
Cognitive Society’s attitude towards ET$ETH spot ETF is:
First: Don’t chase highs before you are sure it has passed, because if you chase highs after you are sure it has passed, you will probably be stuck with a new high in a month. If it doesn’t pass, you will have a mental breakdown if Ethereum goes sideways for 3 months.
When the ETF was approved in January, the highest price of Bitcoin was 48,000 and the price dropped to 38,000. But now it is 70,000, which means it lost money in less than a month.
Second: Even if the Ethereum spot ETF is not approved on May 23, according to the custom of the United States, the exchange will update the code. Generally speaking, the probability of the BlackRock Ethereum spot ETF being approved in August is very high.
Third: Every time Bitcoin and Ethereum plummet, Cognitive Society reminds people of opportunities and regular investments. Unfortunately, retail investors are always used to chasing high prices......
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If the Ethereum spot ETF is approved, Bitcoin will hit 72,000 or 78,000. Normally, Bitcoin will drop sharply at 78,000, so don't chase high prices.
SUN
If a third spot ETF is to be adopted, it will probably be similar to UNI SOL LINK XRP, and the time will be 25 years or the next bull market.
SOL will not break 160 and continue to be bullish
DOGE, JTO, TNSR...More👉Hot copycat trend reviews
🔹The K-line spirit of cognitive society
Many new fans feel that the articles of Cognition Society do not directly predict the rise or fall of the market, 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 or 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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🔹 Daily Coin News Interpretation
The gap between BlackRock and Grayscale’s Bitcoin holdings has narrowed to less than $500 million
Today, the Bitcoin spot ETF had a net inflow of US$307 million (4,408 BTC), marking seven consecutive days of net inflows.
📍Interpretation of Cognition Society: 300 million dollars of incremental funds a day is unbeatable.
NEAR Foundation has established an AI R&D lab to focus on developing AI developer tools
📍Interpretation of Cognitive Society: NEAR is invincible, stable at 8 times, don’t chase high
ETH records largest single-day volatility ever
ETH's market value surged by $70 billion in a single day, equivalent to nearly 90% of SOL's market value
According to TradingView data, the price of Ethereum soared by more than 19% on Monday, and the market value increased by $70 billion, reaching a total market value of $439 billion. The market value of Ethereum increased in just one day is equivalent to nearly 90% of the market value of SOL.
📍Cognition Society Interpretation: The Ethereum spot ETF may not be approved on May 23, but it seems to be a matter of time for it to be approved.
🔹Summary: If the Ethereum ETF is approved on May 23, you can still buy it if it falls back.
If the Ethereum ETF fails, the plunge is worth paying attention to.
There is no destructive negative news. Bitcoin 56600 is likely to be the bottom area of the third historical bottoming. At present, it is likely that April 14th is the historical bottom area. Bitcoin 56500 is likely to be the bottom area. May 24th is the mid-term 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.
🔹5🈷️23 short-term data
🏷Bitcoin
Support: 68500 67000
Pressure level: 72000 74000
🏷Ethereum
Every time the price of Ethereum plummets, Cognitive Society says it is an opportunity, and many people laugh at them............
Time is the best proof and medicine
If the Ethereum ETF is approved on May 23, you can still buy it if it falls back.
If the Ethereum ETF fails, the plunge is worth paying attention to.
According to the current news, the Ethereum spot ETF is only a matter of time before it is approved.
Pressure level: 3850 4000
Support: 3630 3400
🏷LINK
17 is a strong pressure point, let's see if there is a chance around 15
New value, new RWA leader, you can configure it when it falls back to around 15
🏷 him
The first key pressure point is around 10, and the real strong pressure point is 11.6
Pressure level: 10 11.6
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.
🏷️BLUR
As expected, 0.44 is the key pressure level; 0.38 and 0.35 are support levels.
The K-line data itself has no impact. The key is whether the Ethereum spot ETF passes
The short-term fixed investment of 0.33 is stupid. Now it seems to be very profitable. The pattern determines the profit.
Cognition Society believes that BLUR's sharp drop can be used to allocate some long-term investments in batches
🏷OP
3.3.25 is a strong resistance level 2.6 2.5 is a support level
The key is the influence of ether
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 3 3.2
Support: 2.6 2.45
🏷 AI
1.1 is the support level, 1.2 is the resistance level
You can invest regularly if the market drops sharply
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
🏷NEAR
Don’t chase high prices when good news comes out, 8.5 is the key
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: 8.2 8.5
Support: 7.7 7.5
🏷NFP
The lowest level is 0.43 and the pressure level of 0.5 is consistent with the cognitive society.
0.47 0.45 is the support level 0.5 0.53 is the resistance level
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
🏷1000SATS
0.35 0.4 is a strong pressure point
Reduce positions near the cost of 1000SATS, and reduce the proportion of long-term positions after reducing positions. The fluctuation is too large and most people can't stand it.
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
0.14 is the friction level, 0.18 is the critical pressure level
In case RATS plummets, pay attention to it in batches, and the new batch of coins that Cognitive Society is paying attention to in the long term
Reduce positions near the cost of 1000RATS, and reduce the proportion of long-term positions after reducing positions. The fluctuation is too large and most people can't stand it.
🏷DYDX
2.5 is the key pressure point
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
🏷BNB
Sure enough, the lowest price was around 560.
560 is expected to rebound if it does not break
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: 600 590
Pressure level: 620 640
🏷CRV
0.5 and 0.55 pressure levels
🏷ARB
1.26 is the key pressure point
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
🏷️
Every time V God chooses a surge
The high position is taken back, there is not enough time. It may not be updated temporarily in the future. There are too many coins in the state
🔹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?
