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🔹Reviews of Cognitive Society
Bitcoin's highest rebound point of 70,000 on June 4 coincides with the pressure point of 70,000 in yesterday's Cognitive Society article
Bitcoin's highest rebound point of 70,200 on June 3 coincides with the pressure point of 70,000 in yesterday's article by Cognition Society
Bitcoin's lowest point on June 2, 67,200, coincides with the support level of 67,000 in yesterday's article.
Bitcoin's lowest point on June 1 was 66,600, which is close to the support level of 67,000 mentioned in yesterday's article.
Bitcoin's highest rebound point of 69,000 on May 31 coincides with the pressure point of 69,000 in yesterday's Cognitive Society article.
Bitcoin's lowest point of 67,100 on May 30 coincides with the support level of 67,200 in yesterday's article.
Bitcoin's lowest point of 67,200 on May 29 coincides with the support level of 67,200 in yesterday's article.
Yesterday’s article from Cognition Society clearly stated: As long as Bitcoin holds 65,700, Cognition Society believes that it will repeatedly hit around 70,000.
On June 4, Bitcoin rushed to 70,000 for the second time. If it still cannot hold 70,000, it will be a bad thing, because repeated failures in the sprint will cause the market to panic about 70,000.
Bitcoin's daily MACD is approaching a positive number. If Bitcoin sprints to 72,000, the market should boost market sentiment, but how to attract incremental funds and users is the core.
Because the threshold of the crypto industry is too high, and Hong Kong has not relaxed the threshold of exchanges at all, so for the main players, pulling the market is a small matter, and the big thing is how to attract new retail investors and lower the threshold of the industry.
For example, lowering the threshold for Bitcoin spot ETF and Ethereum spot ETF in the US stock market, so that users in more countries can buy Bitcoin and Ethereum spot ETF.
As long as Bitcoin holds 65,700, it will repeatedly sprint to 70,000.
Yesterday, an article from Cognition News reminded that the sharp drop of ETH to 3700 and 3500 was an opportunity. On June 4, ETH fell sharply to 3720 and then rebounded.
If Ethereum cannot hold steady at 3850, it will have to bottom out.
If ENA has a chance to be around 0.83, TNSR 1.1 and SAGA 2.5 are all good opportunities. Although there may not be any chance, there should be an oversold rebound around W 0.6 and PYTH 0.42.
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.
Pay attention to Ethereum when it is low, and the Ethereum ecosystem is the core strategy.
🔹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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Tonight, the net inflow of US Bitcoin spot ETF exceeded 105 million US dollars, equivalent to the purchase of 1,521 BTC, and the net inflow continued for 15 consecutive trading days.
📍Interpretation of Cognitive Society: American institutions have purchased absolutely nothing.
Ether.fi Stake TVL exceeds $6.1 billion
DeFiLlama data shows that the current Ethereum liquidity re-staking protocol TVL is 13.587 billion US dollars, among which the top five TVL protocols are:
-ether.fi Stake TVL is $6.12 billion, with a 7-day increase of 3.50%;
-Renzo (Ethereum chain) TVL is $2.785 billion, down 4.44% in 7 days;
-Puffer Finance TVL is $1.802 billion, down 1.73% in 7 days;
-Kelp DAO TVL is $1.131 billion, with a 7-day increase of 15.49%;
-Eigenpie TVL is $994.43 million, down 3.29% in 7 days.
📍Cognition Society interprets the approval of Ethereum spot ETF, ETHFI is good news
Ethena Labs "arbitrarily" changed the ENA airdrop vesting cycle, causing dissatisfaction in the community
According to community feedback, Ethena Labs changed the vesting period of ENA airdrops from monthly to weekly without notifying the community in advance, but kept the total amount unchanged. The Ethena Labs team confirmed this.
This matter has caused dissatisfaction among some users, who are worried that this change will affect their personal rights and interests and question the transparency of the project. They also said that if this problem is not resolved, they will consider withdrawing from the project.
📍In-depth analysis: This is what copycats are like, with all kinds of uncontrollable news.
Glassnode: Bitcoin active addresses drop to 5-year low
Glassnode data shows that Bitcoin’s active addresses have seen significant fluctuations recently. After the halving in April 2024, the number of active addresses dropped significantly due to soaring transaction fees and network congestion. This increase in fees, due in part to the emergence of new protocols such as Runes, has impacted Bitcoin’s utility in daily transactions, resulting in a significant drop in network activity.
Historically, active addresses have been a reliable indicator of market phases. For example, data from 2022 shows that active addresses have stagnated, consistent with the typical bear market pattern observed in past cycles. Bitcoin's market forces are cyclical, often with periods of reduced activity followed by renewed activity as market conditions improve.
However, it is worth mentioning that although the current number of active addresses has dropped to the lowest point since 2019, Bitcoin has returned to near its historical highs.
📍In-depth analysis: Bitcoin's supply circulation has been greatly reduced.
🔹Summary: Bitcoin will repeatedly hit 70,000 without breaking 65,700. Every time Bitcoin falls back, 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 bottom. At present, it is likely that April 14th is the historical bottom area. Bitcoin 56500 is likely to be the bottom area;
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: 67800 66000
Pressure level: 70900 72500
🏷Ethereum
3850 is the key pressure point
3700 3500 is the key 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 is an opportunity to enter the market
Deploying Ethereum is the core strategy
The highest point of Ethereum's rebound on June 3 was 3854, which coincides with the pressure point of 3860 in the article of Cognitive Society yesterday.
On June 2, the highest point of Ethereum rebound was 3838, which was close to the pressure point of 3860 mentioned in yesterday’s article.
The highest point of Ethereum's rebound on June 1, 3810, coincides with the pressure point of 3810 in yesterday's Cognitive Society article.
The highest point of Ethereum's rebound on May 31st was 3854, which is consistent with the pressure point of 3860 in the article of Cognitive Society yesterday.
On May 30, Ethereum fell back to 3705, which coincided with the support level of 3700 in the article of Cognitive Society yesterday.
Pressure level: 3850 3900
Support: 3760 3700
🏷LINK
17 and 19.2 boxes, see where to break through
19.2 is the key pressure point
17 is the key support level. If it does not break 17, there is still hope for a rebound.
New value, new RWA leader, the plunge can be configured, cognitive society 22 23 years 5 layout LINK
🏷 him
According to UNI official, there is important news released, which is usually the approval of the token proposal. Don't chase high. 11 12 is a strong pressure point
On June 4, UNI fell back to a low of 9.4, which is consistent with the support level of 9.2 in yesterday’s article.
🏷️BLUR
0.38 is weak but within expectations
0.43 0.45 pressure level
Cognitive Society reminds you at the top of BLUR 0.8 and starts to update again at 0.4
Support: 0.39 0.37
Cognition Society believes that BLUR's sharp drop can be used to allocate some long-term investments in batches
🏷OP
I really don’t understand why it’s so weak.
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 2.55 2.7
Support level: 2.4 2.3
🏷️
The lowest level of 24.7 is consistent with the 24 that the cognitive society said is an important support level.
27 is the short-term pressure level
24 is the key support level
🏷ARB
I don't understand why the drop of 1.06 is so weak.
1.26 is the fifth highest 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
🏷️TNSR
Sure enough, it is still stuck near 1.5. If it does not break 1.25, it will repeatedly rush to 1.4.
🏷️SUN
SUN
Continue to be bullish unless SOL breaks 160
🏷️WIF
If 3 is not broken, the price will surge sooner or later. 3.55 is the short-term pressure level. 4 is the strong pressure level.
On June 4, the lowest WIF level of 3.2 was consistent with the support level of 3.2 in the Cognitive Society article yesterday.
On June 3, the lowest WIF level was 3.07, which coincides with the support level 3 in the article of Cognitive Society yesterday.
The lowest WIF level of 3.15 on June 2 coincides with the support level of 3.2 in yesterday’s article of Cognitive Society.
The lowest WIF level of 3.15 on June 1 coincides with the support level of 3.1 in yesterday’s Cognitive Society article.
On May 30, the lowest WIF level was 3.33, which coincided with the support level of 3.4 in yesterday’s Cognitive Society article.
On May 29, WIF surged 4.08, a large error
On May 28, the lowest WIF level was 3.14, which coincided with the support level of 3.1 in yesterday’s Cognitive Society article.
The lowest WIF level of 2.9 on May 27 coincides with the support level of 2.9 in yesterday’s Cognitive Society article.
The highest WIF of 3.25 on May 26 coincides with the pressure level of 3.3 in yesterday’s Cognitive Society article.
On May 25, the lowest WIF level of 2.7 coincided with the support level of 2.7 and 2.5 in yesterday’s Cognitive Society article.
WIF3.5 3.8 Pressure Level 3.2 3 Support Level
🏷️TREES
If it doesn't break 0.0118, it will hit 0.015 sooner or later.
On June 4, BOME’s lowest point was 0.013, which coincided with the support level of 0.013 in yesterday’s Cognitive Society article.
On June 3, BOME’s lowest point was 0.013, which coincided with the support level of 0.013 in yesterday’s Cognitive Society article.
On June 2, BOME's lowest point was 0.013, which coincided with the support level of 0.013 in yesterday's Cognitive Society article.
On June 1, BOME’s lowest point was 0.013, which coincides with the support level of 0.013 in yesterday’s Cognitive Society article.
On May 30, BOME’s lowest point was 0.0133, which coincides with the support level of 0.013 in yesterday’s Cognitive Society article.
On May 29, BOME's highest point was 0.016, which coincided with the pressure point of 0.0165 in yesterday's article by Cognitive Society.
On May 28, BOME’s highest point was 0.0155, which coincides with the pressure point of 0.016 in yesterday’s Cognitive Society article.
On May 27, BOME’s highest point of 0.0145 coincided with the pressure point of 0.015 in yesterday’s Cognitive Society article.
On May 26, BOME’s highest point of 0.0133 coincided with the pressure point of 0.0135 in yesterday’s Cognitive Society article.
On May 25, BOME’s lowest point was 0.012, which coincided with the support level in yesterday’s Cognitive Society article.
Bome resistance level 0.014 0.015 Support level 0.013 0.012
🏷️YUP
If you want to choose a direction, you need to see where 1.08 and 1.2 will break through.
Hold 1.08 and look bullish.
JUp resistance level 1.17 1.27 support level 1.06 1
🏷️UN
It's OK if it doesn't break 3.4, but it breaks the weakness.
On June 4, the highest JTO was 3.65, which coincided with the pressure point of 3.7 yesterday.
On June 3, the lowest JTO was 3.4, which was consistent with the 3.43 expected by the Cognitive Society yesterday.
On June 2, the lowest JTO was 3.4, which was consistent with the 3.43 expected by the Cognitive Society yesterday.
On June 1, the lowest JTO was 3.4, which was consistent with the 3.43 expected by the Cognitive Society yesterday.
On May 30, JTO's highest point of 4 coincided with yesterday's cognitive pressure point of 4
On May 28, the lowest JTO was 3.37, which was consistent with the 3.3 expected by the Cognitive Society yesterday.
On May 27, the lowest price of Jto was 3.5, which is consistent with the support level of 3.5 in the article of Cognitive Society yesterday.
On May 26, the lowest level of Jto was 3.5, which is consistent with the support level of 3.5 in the article of Cognitive Society yesterday.
On May 25, the lowest price of Jto was 3.5, which is consistent with the support level of 3.5 in the article of Cognitive Society yesterday.
JTO resistance level 3.7 3.8 3.4 3.15 support level
🏷 AI
Fight around 1.23, there is still a chance if it does not break 1.1
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
A minimum of 7 is expected
7.5 7.9 is a strong pressure point
7 and 6.6 are very important support levels
Cognitive Society is the most optimistic about NEAR on the planet. NEAR1 has been updating frantically. Now NEAR is ranked behind in the article because it has risen too much. Maybe NEAR may reach 40 in the future, and there is not much room for growth.
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: 7.45 7.6
Support: 7.1 6.9
🏷NFP
0.6 is a strong pressure point
0.53 0.5 key support level
Support: 0.55 0.53
Pressure level: 0.6 0.63
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.
🏷BNB
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: 640 630
🏷1000SATS
Lying flat 0.35 0.4 The pressure is very strong
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.
🏷1000RATS
Lying flat 0.18 is the key pressure point
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
Too weak 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
🏷CRV
0.5 and 0.55 pressure levels
🔹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?