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🔹Reviews of Cognitive Society
Bitcoin's highest rebound point of 69,900 on June 10 coincides with the pressure point of 70,000 in yesterday's article by Cognition Society
Bitcoin's highest rebound point of 69,900 on June 9 coincides with the pressure point of 70,000 in yesterday's article by Cognitive Society
On June 10, the Bitcoin spot ETF was suspended, but Bitcoin still showed a trend of not recognizing any relatives, which can be called the abnormal little prince. The consolidation from 69,200 to 70,000 was almost a straight line.
Ethereum is very weak. A drop to 3644 is still within the expected range. The key to stabilizing is to stand firm at 3710-3770. Otherwise, the altcoins will fall. Some altcoins even fell to the area around April 14.
This is the most helpless thing, Bitcoin skyrocketed, but the copycats did not
Bitcoin plummets, and the probability of altcoins plummeting is high
This is why Cognitive Society has insisted for more than two years that we should not invest heavily in copycat products.
The pressure level for Bitcoin to rebound is 70200-72000, of which 72000 is a strong pressure level.
There is still 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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A whale liquidated 1.62 million ENA that he had opened 6 days ago, losing 17.6% in less than a week.
According to Spot On Chain monitoring, 6 days ago, just before the price of ENA exceeded $1, a whale spent 1.6 million USDC to buy 1.62 million ENA.
Now, as the price has dropped by 23% (7D), the whale has liquidated his ENA holdings for 1.32 million USDC, a loss of $283,000 (-17.6%) in less than a week.
📍Interpretation of Cognition Society: It is not as everyone thinks that rich people can make money in the cryptocurrency circle.
Research institute: There are problems with OKX security settings, and users are advised to set up Google Authenticator
According to Wu, Dilation Effect previously conducted a quick analysis of OKX's user security settings. The results showed that although the user was bound to GA (Google Authenticator), the verification was allowed to switch to a low-security verification method, resulting in the GA verification being bypassed. When OKX verifies sensitive user operations, such as adding whitelist addresses, withdrawing coins, and changing various verification item settings, it can directly switch to a low-security verification method, such as SMS. It can be seen that OKX's security settings lack a baseline design. Perhaps in order to improve the user experience, OKX has made a lot of compromises on security. Dilation Effect reminds users that account settings must be bound to GA, otherwise they will end up working for hackers because email and SMS are vulnerable to attacks.
📍Interpretation of Cognitive Society: Diversify assets.
Bitcoin's market value reaches $1.37 trillion, exceeding the combined market value of the world's top three banks
Watcher.Guru posted on the X platform that the market value of Bitcoin exceeds the combined market value of the world’s top three banks:
Bitcoin: $1.37 trillion;
JPMorgan Chase: $574 billion;
Bank of America: $311 billion;
Industrial and Commercial Bank of China: US$268 billion.
📍Interpretation by Cognition Society: The trend of history is unstoppable.
🔹Summary: Bitcoin's short-term pressure level is 70200-72000, and the support level is 68000-66000. 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 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: 68800 68000
Pressure level: 70200 72000
🏷Ethereum
The daily line is likely to be a series of cross stars, still waiting for the direction to be chosen
3710 3800 is a short-term suppression
3650 3550 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.
On June 10, Ethereum fell back to 3645, which coincided with the support level of 3660 in the Cognitive Society article yesterday.
The highest point of Ethereum's rebound on June 9th was 3710, which coincides with the pressure point of 3710 in the Cognitive Society article yesterday.
No update on June 7
The highest point of Ethereum's rebound on June 6 was 3880, which coincides with the pressure point of 3900 in the article of Cognitive Society yesterday.
The highest point of Ethereum's rebound on June 5 was 3840, which coincides with the pressure point of 3850 mentioned in yesterday's article.
The highest point of Ethereum's rebound on June 3, 3854, coincides with the pressure point of 3860 mentioned in yesterday's article.
Pressure level: 3710 3800
Support: 3660 3600
🏷LINK
Short-term pressure level 16.6 17
If it holds 15, there is still hope for a rebound. If it breaks 13
New value, new RWA leader, the plunge can be configured, cognitive society 22 23 years 5 layout LINK
🏷 him
Wait for good news to come, don’t chase high prices
Fight around 10. If UNI surges, half of it will be exchanged for Ethereum.
Pressure level: 10.8 11.6
🏷️BLUR
There is a normal rebound around 0.33
Support: 0.35 0.33
Cognition Society believes that BLUR is below 0.38 and some long-term investments should be allocated in batches
🏷OP
Tank 2.3 2.6 Pressure level
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 2.3 2.4
Support level: 2.1 2
🏷️
20 support level 24 resistance level
🏷ARB
Cognition Society believes that the layout below "ARB" 1 is carried out in batches
🏷️TNSR
1. Weak rebound, around 0.85 is a good position
1.1 1.16 pressure level
🏷️SUN
SUN
Struggling around 160, 170 pressure point
🏷️WIF
2.7 sideways and other directions.
On June 10, the lowest WIF level of 2.63 coincided with the support level of 2.63 in the Cognitive Society article yesterday.
On June 9, the lowest WIF level of 2.63 coincided with the support level of 2.5 in the article of Cognitive Society yesterday.
No update on June 7
On June 6, the lowest WIF level of 3.3 coincided with the support level of 3.35 in the article of Cognitive Society yesterday.
The highest WIF of 3.55 on June 5th coincides with the pressure level of 3.5 in yesterday’s Cognitive Society article.
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.
WIF2.9 Pressure level 2.6 2.35 Support level
🏷️TREES
On June 10, BOME's lowest price of 0.0105 coincided with the support level of 0.0105 in yesterday's article.
On June 9, BOME's lowest price was 0.0105, which coincided with the support level of 0.0105 in yesterday's article.
No update on June 7
On June 6, BOME's highest point was 0.0141, which coincided with the pressure point of 0.014 in yesterday's article by Cognition Society.
On June 5, BOME’s lowest point was 0.013, which coincided with the support level of 0.013 in yesterday’s Cognitive Society article.
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.
Bome pressure level 0.0118 0.013 Support level 0.0105 0.009
🏷️YUP
0.95 0.85 Support Level
1.04 1.1 pressure level
🏷️UN
JTO resistance level 3.4 3.6 3.15 3 support level
🏷 AI
1.05 1.1 Pressure level
0.9 is an important support level
You can allocate some long-term investments below AI1. Pay attention to the new batch of long-term coins that Cognitive Society is focusing on.
🏷NEAR
6 and 5 are the core 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: 6.6 6.8
Support: 6.4 6.2
🏷NFP
0.43 0.39 Some NFP can be configured
Some long-term investments below NFP0.44, a new batch of long-term coins that Cognitive Society is focusing on
🏷BNB
There is a risk of a top divergence. 630 600 support 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 Levels:
Pressure level: 660 670
🏷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
Tank
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
Want to stand firm 0.46 0.52
🔹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?
