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#德国政府转移比特币 #美联储何时降息？ #BTC #ETH #TON
🔹Reviews of Cognitive Society
The highest point of Bitcoin's rebound on July 9 was 58,100, which coincides with the pressure point of 58,000 in yesterday's article.
The highest point of Bitcoin's rebound on July 8 was 58,200, which coincides with the pressure point of 58,000 in yesterday's article.
Bitcoin's highest rebound point on July 7 was 58,400, which is close to the pressure point of 58,000 in yesterday's article.
Bitcoin's highest rebound point on July 6 was 57,300, which is close to the pressure point of 58,000 in yesterday's article.
In fact, the rebound of Bitcoin is still very strong, repeatedly hitting 58,000. By comparing it with the copycat, you can understand this strength. Bitcoin rose five times before falling 25 points, and then rebounded ten points, and is only 15 points away from its historical high.
Today, the Fed Chairman's speech adhered to the consistent principle of combining the two. He was dovish in data, saying that the US inflation was under control, but hawkish in measures, saying that there was no rush to cut interest rates. It was obvious that the US was not cutting interest rates because it was waiting for a big country or institution to collapse, such as the Japanese yen and the Korean economy. Europe has already cut interest rates, and money continues to flow to the US and the world's top financial institutions.
As long as Bitcoin fails to stabilize at 58,800, it will repeatedly fall back to test the bottom. This long consolidation requires a breakthrough point in both long and short positions, such as the approval of the Ethereum spot ETF or some negative news. After all, the 90,000 Bitcoins in Mentougou are constantly being sold, and a sharp rise without positive support is impossible. Therefore, short-term consolidation of Bitcoin is still the main theme, waiting for the approval of the Ethereum spot ETF.
Although the time of Ethereum spot ETF is constantly postponed, the normal trading of Ethereum spot ETF is usually in July or August. Cognition Society believes that after the Ethereum spot ETF is approved, the cottage should have a big rebound. Therefore, the cottage that is trapped will wait for a big rebound before reducing, unless it rebounds to near the cost recently.
I dare not say where the lowest point is, but whether it is the Ethereum spot ETF or the lower US interest rate cut, it is relatively certain that it is positive. Wait a while, and things will get better slowly.
🔹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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On July 9, according to Lookonchain data, 9 ETFs increased their holdings by a total of 4,601 BTC (about $263.36 million).
📍Cognition Society Interpretation: American institutions are bringing money into the market again.
Following Powell's testimony, traders are pricing in a slightly higher than 71% chance of the Fed's first rate cut in September.
📍Interpretation of Cognition Society: If nothing unexpected happens, Cognition Society believes that the Fed will most likely cut interest rates in September or November.
Swiss Crypto Bank Amina Partners with Pyth Network to Provide Price Feed Services
Swiss crypto bank Amina Bank has partnered with Pyth Network to provide users with more accurate price feed information.
This collaboration brings Amina Bank closer to its goal of enhancing the user experience and accessibility of Web3 applications, with real-time price feeds enabling it to create entirely new revenue streams for its business without incurring significant costs.
📍Interpretation of Cognitive Society: PYTH is doing things and then plummeting.
The German government address continued to sell off its holdings, dropping to 22,847 BTC (US$1.32 billion).
📍Interpretation of Cognitive Society: Germany will not sell for too long.
A whale/institution withdrew 3257.8 ETH from Binance and currently holds a total of 42,800 ETH
According to on-chain analyst Ember’s monitoring, a whale/institution that spent 50.14 million USDT to buy 20,718 ETH at an average price of $2,420 in January bought ETH again six months later. Two hours ago, it withdrew 3,257.8 ETH (about 10 million US dollars) from Binance at a price of $3,069. The whale/institution currently holds a total of 42,800 ETH (worth about $131.27 million).
📍Interpretation of Cognition Society: The bottom area needs the turnover of giant whales to be more sufficient.
🔹Summary: Bitcoin 58,000-60,000 has a lot of selling pressure and is expected to fall back. Every plunge in Bitcoin 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 bottoming out;
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: 55800 54000
Pressure level: 58100 59000
🏷Ethereum
In fact, Ethereum is a bit weak because there are too many people going long. 3110 is not a strong pressure point. The real selling pressure is at 3400.
If the Ethereum spot ETF is traded in August, there is still one month left
Focus for the next six months
A sharp drop in Ethereum is an opportunity to enter the market
Deploying Ethereum is the core strategy.
Pressure level: 3120 3200
Support: 2980 2900
🏷LINK
13.7 is not weak, 14.6 is the strong pressure point
Can fully circulated value coins take off in the future market, especially after the Ethereum spot ETF is approved?
New value, new RWA leader, the plunge can be configured, cognitive society 22 23 years 5 layout LINK
🏷 him
The suppression of 8.4 is a bit exaggerated and obvious, and a pullback to 7.3 is an opportunity
Pressure level: 8.2 8.4
Support: 7.6 7.3
🏷️BLUR
0.18 0.2 Pressure
If Binance is not too abnormal, there will be a big rebound at 0.15 and 0.13
🏷OP
1.3 to 1.55 sharp rise and fall
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 1.55 1.65
Support levels: 1.35 1.25
🏷️
Cognitive Society thinks that ENS TON should be replaced by Ethereum at this time
🏷ARB
0.7 is not stable
🏷CRV
0.23 finally rebounded, the key to slowly stabilize is 0.3 0.36
51.4 million CRV have been locked in the past 4 days, accounting for about one-third of the total CRV issuance in 2024
According to DefiMoon monitoring, 51.4 million CRV have been locked in the past 4 days, accounting for about one-third of the total CRV issuance in 2024. These locks have also affected the ratio of veCRV to CVX, which has risen from 5.5 in June to 6.44 today. If the anchor price of cvxCRV remains stable and new veCRV continues to flow into the Convex platform, more positive effects are expected.
🏷️UN
Highest 2.15 expected
2.15 2.25 pressure level 1.95 1.8 support level
🏷️TREES
0.0008 pressure level
0.0007 0.006 support level
🏷️WIF
1.6 If the rebound does not exceed 2, it may fall back to around 1.4
🏷1000RATS
Why
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
Trapped 4.8
Note that NEAR is a bit weak, don’t touch it unless it is at a high position
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: 4.6 4.8
Support: 4.3 4.1
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?
