Daily original updates, spend your precious three seconds to follow Cognition Society#aave
🔹Reviews from Cognitive Society
On September 25, Bitcoin fell back to 62,600 and rushed to 65,200. It should be said that it is still in the range of fluctuations, but the high point of the rebound has increased.
If Bitcoin can stabilize at 65,000, the altcoin is likely to have a strong rebound. Near the end of the month, if the rebound can last for a month and the monthly line has a big positive line, the altcoin will slowly stabilize.
There is a high probability that there will be another interest rate cut in November. I hope the market will get better and better. Everyone is in the market, and everyone is eager for a surge and wealth.
On September 26, Bitcoin fell back to the lowest point of 62,700 and was close to the support level of 63,000 in the article of Cognitive Society yesterday.
The highest point of Bitcoin rebound on September 25 was 64,800, which coincides with the pressure point of 65,000 in the article of Cognitive Society yesterday.
On September 24, Bitcoin fell back to the lowest point of 62400, which coincided with the support level of 62300 in the article of Cognitive Society yesterday.
🔹Cognitive Society News Interpretation
US spot Bitcoin ETFs saw a net inflow of $105.73 million yesterday
US spot Ethereum ETF had a net inflow of $43.24 million yesterday
📍Interpretation of Cognitive Society: BlackRock’s continuous purchase of Ethereum ETF is really touching.
US lawmakers introduce the “Evaluating DeFi Opportunities Act,” calling DeFi “critical to the future of capital markets”
U.S. Representative Warren Davidson introduced the "Evaluating DeFi Opportunities Act" on Tuesday. The bill calls for the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC) and the Secretary of the Treasury to jointly study DeFi. Davidson stressed that DeFi plays a vital role in the future of capital markets, but he expressed concerns about the Biden-Harris administration's approach to regulating the field. Davidson warned that excessive regulation could stifle innovation and cause investment to flow abroad. Regulators need to "take a careful, measured approach" to ensure that DeFi can thrive without jeopardizing user privacy or innovation. .
📍Cognition Society Interpretation: Cognition Society likes DEFI very much, so it has always liked UNI LINK AAVE.....Unfortunately UNI's performance is not good.
The ETH creditor who received the most compensation in the Genesis Trading liquidation sold 12,100 ETH in the past three days
According to on-chain analyst Ember, the creditor 0x999...46E, who received the most ETH in the Genesis Trading liquidation payment in August, sold 12,100 ETH (about US$31.43 million) in the past three days.
He received 114,502 ETH (about 358 million USD) from Genesis Trading on August 2, making him the creditor who received the most ETH. He started transferring ETH to Falcon X three days ago, and has transferred a total of 12,100 ETH (about 31.43 million USD) so far.
📍Interpretation from Cognition Society: 12,000 ethers is not a lot.
U.S. jobless claims fall to 4-month low, Fed may consider cutting rates faster than expected
The number of Americans filing for unemployment benefits fell to a four-month low of 218,000. Claims have remained low in recent months even as the U.S. unemployment rate has risen and job creation has slowed. Economists say that's because workers who qualify for such benefits haven't lost their jobs. While weekly layoff applications remain low, several large companies have announced or implemented layoffs this month. Paramount Global conducted its second round of layoffs on Tuesday. General Motors announced last week that it would temporarily lay off two-thirds of the workers at an assembly plant in Kansas until mid-2025. If layoffs increase in the coming months and more Americans find themselves out of work, Federal Reserve officials may consider cutting interest rates faster than currently expected.
📍Interpretation of Cognition Society: Accelerating interest rate cuts in the United States is a huge positive, but too much unemployment may lead to an economic recession.
🔹Summary: Whether Bitcoin can hold steady at 65,000 is of great significance. Every plunge in Bitcoin is an opportunity for Ethereum to enter the market
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: 63500 62200
Pressure level: 65200 67000
🏷Ethereum
2700 2800 is the key pressure point
A sharp drop in Ethereum is an opportunity to enter the market
Deploying Ethereum is the core strategy.
Pressure level: 2690 2800
Support: 2600 2570
🏷️SUN
The highest point of 154 is expected, the key to whether it can make up for the rise is 164
🏷LINK
If you want to be strong, the first 12.6 is actually 15.
New value, new RWA leader, the plunge can be configured, cognitive society 22 23 years 5 layout LINK
🏷 him
If you want to make up for the rise and stabilize at 7.2, a sharp drop is an opportunity, but there is no rise
Cognition Society believes that if UNI wants to take off, it needs to repurchase tokens with profits and then destroy them.
Pressure level: 7.3 7.5
Support: 7 6.85
🏷️WIF
Grind 2.2
🏷️BLUR
If it stands at 0.24, it will repeatedly rush to around 0.3
🏷OP
1.8 didn't even stand firm
Cognition Society believes that OP around 1.2 is still worth considering
Pressure level: 1.8 2
Support level: 1.6 1.5
🏷CRV
0.31 0.34 is the short-term pressure level. The real strong point is 0.36
0.28 is the short-term support level.
🏷️UN
Pay attention to the sharp drop, there is no big rise 2.3 2.1 are the key support levels
2.6 is not a strong pressure point, the strong one is 2.9
🏷️TREES
0.00075 0.008 pressure level
🏷1000SATS
Extremely volatile, strictly control positions
0.00027 is the core support level, which is bullish unless it is broken; 0.00034 is the short-term pressure level
🏷1000RATS
0.016 0.019 is a strong pressure point
1000RATS rebounds to near cost and reduces positions. After reducing positions, reduce the proportion of long-term positions. The fluctuation is too large and most people cannot bear it.
🏷NEAR
Super strong rebound
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: 5.9 6.2
Support: 5.6 5.4
🏷️YUP
If you want to catch up, SOL needs to stand firm at 162. 1 is a strong pressure point.
🏷 AI
The decline is too deep. It’s not that we won’t update, but we can only wait.
If you want to be strong, you need to stand firm at 0.65
🏷BNB
600 660 is extremely important. The key is whether BNB’s weekly line is the second top.
On Earth, when BNB is around 200, Cognition Society exclusively reminds you to invest in BNB between 210 and 180
Support: 590 580
Pressure level: 610 620
Others, wait for more updates
🔹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 advocate the bull market every day?
