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🔹Reviews of Cognitive Society
On April 15, Bitcoin fell back to 61,500 and was close to the support level of 61,000 in the article of Cognitive Society.
Bitcoin held 58,300, and the decline of the altcoin was very limited. Yesterday, the article of Cognition Society made it clear that the strong rebound on April 15 was a rebound, not a reversal. On April 16, the altcoin hourly level bottomed out again.
Ethereum is the depth benchmark of the altcoins. If Ethereum does not break 2800, the decline of the altcoins will be limited.
Bitcoin's daily and weekly charts are weakening, and the apparent strong rebound hides the continuous decline of the rebound high.
The rise is superficial, and the weak momentum is the essence, which shows that Bitcoin has not stabilized yet, so don't be careless, the market may still have risks.
58,000 is the core support level of Bitcoin. There is no risk in holding 58,000. If Bitcoin falls below 58,000, the market may plummet again.
Bitcoin rebounds to 67,000, which is the key pressure point.
Lie flat
We can only be a family together
This winter is particularly cold
Don't be afraid of the snow in winter
Auspicious snow heralds a good harvest
SOL 156 162 is a strong pressure level 123 is an important support levelMore👉Cognitive Society Exclusive Hot Spots and Copycat Trend Comments
🔹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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🔹 Daily Coin News Interpretation
(4/16) After the U.S. stock market opens, the ETF custody address will have a net outflow of approximately 579 BTC:
◎ Outflow: Grayscale (GBTC) outflow of about 1,737 BTC (corresponding to 4/15 fund outflow of $110.07M);
◎ Inflow: BlackRock (IBIT) inflow is approximately 1,158 BTC (corresponding to 4/15 capital inflow of $73.4M).
📍Interpretation of Cognition Society: If Bitcoin continues to have a net outflow, it will gradually weaken.
A whale who built a position in UNI a year ago is suspected of selling 715,000 UNI, with a profit of 5.83 million US dollars from the highest point
According to on-chain analyst @ai_9684xtpa, 8 hours ago, the whale who established a position in UNI a year ago allegedly sold 715,000 UNIs worth US$5.17 million, and the profit has retreated by US$5.83 million from the highest point.
When UNI was transferred out from the exchange on February 7, 2023, the price was $6.76. The whale went from being deeply trapped to making a huge profit, and finally sold it after almost returning to the starting point.
📍Interpretation of Cognitive Society: Cognitive Society’s UNI copycat also experienced a huge retracement
The Russian Central Bank supports the use of cryptocurrencies for international settlements and plans to promote the formulation of relevant bills
Russia supports expanding the types of currencies and payment methods for international settlements. Last week, Elvira Nabiullina, the head of the Central Bank of Russia, said that the bank would support the accelerated development of a bill to support the use of cryptocurrencies for international payments. However, Nabiullina stressed that these payments should be introduced into an experimental sandbox-style legal system.
The agency has been reportedly opposed to the circulation and use of cryptocurrencies for national payments, as these assets are not controlled by national regulators. However, the country's central bank is open to their use for foreign settlements. In contrast, the use of national digital assets, also known as CBDCs, for payments has been explored without any exploratory sandbox.
📍Interpretation from Cognition Society: Gradually, no one says that cryptocurrency is a scam.
Uniswap daily trading volume climbs and hits $3 billion
The Block data shows that although Uniswap Labs received a Wells notice from the SEC on April 10, Uniswap broke the $2 trillion total trading volume mark on April 5; Uniswap's daily trading volume climbed over the weekend and hit the $3 billion threshold consecutively.
Uniswap founder Hayden Adams posted on X that he was not surprised by the Wells notice and would be “ready to fight.”
📍Cognition Society Interpretation: UNI’s price and value are very mismatched.
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🔹Summary: Bitcoin 61000 58000 is the key support level; 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 17
🏷Bitcoin
Support: 61000 58000
Pressure level: 64000 66800
🏷Ethereum
Falling more
Pressure level: 3100 3200
Support: 3000 2900
🏷 him
Highest 8 plunge
The 1. More near 1. More OP in the 2023 year of Cognitive Society, and the 0.2 BLUR, 200 BNB, and 5.5 LINK have been trapped and rotten for N months. Many altcoins in 2024 may also be trapped for several months. It is not meaningful to update and play the band at this time. In the next few months, most of the time, everyone will lie flat.
Cognition Society is the only one that reminds the bottom area near UNI4
Support: 6.8 6.4
Pressure level: 7.6 8
🏷️BLUR
This coin's escape from the top is perfect. 0.8 Cognition Society exclusively reminds you not to touch the top. Yesterday's reminder of 0.3 was the lowest point and it soared to 0.44
🏷LINK
Trapped at 14.6, in fact 16.2 is the strong pressure point
Support: 13 12
🏷1000SATS
Breakout and stabilization
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
Breakout and stabilization
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.
🏷DYDX
family
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
AI
Play badly
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
🏷BNB
Cognition Society’s exclusive BNB reminder: 600 is the highest point for reducing positions, and even if you buy back at a low price, you will still make money
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: 520 500
Pressure level: 550 570
🏷NFP
Tank
Every time NFP plummets, you should allocate some and pay attention to the new batch of long-term coins that Cognitive Society is focusing on.
🏷CRV
family
🏷OP
Lying flat 2.4 2.6 is a strong pressure point
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 2.4 2.5
Support level: 2. 1 2
🏷ARB
family
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
6 is a strong pressure position
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: 5.6 5.8
Support level: 5 4.7
🏷️
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?