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🔹Reviews of Cognitive Society
The highest rebound of Bitcoin on July 26 was 68,000, which is very different from the pressure point of 6666 in yesterday's cognitive article.
Bitcoin fell back to a minimum of 63,300 on July 25, close to the support level of 64,000 mentioned in yesterday’s article.
Bitcoin fell back to the lowest level of 65,600 on July 24 and the support level of 65,800 mentioned in yesterday’s article.
Bitcoin's lowest price of 65,900 on July 23 coincides with the support level of 65,800 mentioned in yesterday's article.
In anticipation of the Bitcoin meeting, Bitcoin has gone through a super strong invincible friction and returned to 68,000 unilaterally. It should be noted that this is not an ordinary short order. The 90,000 spot sales in Mentougou are the real selling pressure. The main force completely ate it up and pushed it in one wave.
The battle for Bitcoin 68,000 is ongoing. This is definitely what Super Cognitive Society expected. The funds required are not enough for one hundred million. It should be the short orders around 72,000 that attracted the main force.
All we can do is pay attention to Ethereum when Bitcoin plummets, and wait and see how Ethereum performs.
🔹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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Market News: Aave hopes to initiate fee conversion and buy back tokens from the open market
📍Interpretation of Cognition Society: This is the model that Cognition Society is talking about. Use profits to buy back coins, and then destroy them without worrying about securities.
Kamala Harris is seriously considering an invite to the Bitcoin conference, according to sources: BTC.
📍Cognition Society Interpretation: If Harris is also friendly to Bitcoin, the 25-year bull market will take off.
Gox reserves decreased by 66% (-94,458 BTC). Since the start of BTC issuance, the price of Bitcoin has increased from $55,000 to $66,000.
📍Interpretation of Cognition Society: The main force really bought a large amount of Bitcoin spot.
Newly launched US Ethereum ETF sees $1 billion in inflows this week
CoinShares research director James Butterfill said on the X platform that the newly launched U.S. Ethereum ETF saw an inflow of $1 billion this week. However, similar to the launch of the Bitcoin ETF, Grayscale’s traditional funds experienced significant outflows. As a result, all U.S. Ethereum ETFs have seen net outflows of $180 million since their launch.
📍Cognitive Society Interpretation: BlackRock Fidelity
🔹Summary: Bitcoin 68400 72000 is an important pressure point. Every time Bitcoin plummets, 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 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: 66600 65400
Pressure level: 68400 70000
🏷Ethereum
Wait a minute, Grayscale's institutional holdings have been largely transferred to BlackRock Fidelity
Grayscale is estimated to need 3 months to sell. The selling pressure is the greatest in the first month. Wait for the chips to be exchanged.
A sharp drop in Ethereum is an opportunity to enter the market
Deploying Ethereum is the core strategy.
Pressure level: 3300 3400
Support: 3200 3100
🏷LINK
12.5 rebound is expected, 14.6 is the key 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
Need to learn AAVE
Pressure level: 7.8 8
Support level: 7.3 7
🏷️BLUR
0.2 0.23 pressure level
🏷OP
1.6 Weak rebound
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 1.8 1.9
Support level: 1.6 1.5
🏷️SUN
The money for the copycats is all in SOL
🏷CRV
0.3 is the key pressure point
🏷️UN
The lowest is more than 2.5 and the highest is 3, which is consistent with the expectations of the article published by Cognitive Society yesterday.
3 is the key pressure point
🏷️TREES
0.009 96 pressure level
🏷️WIF
Minimum 2.32 expected
2.9 is a strong pressure point
🏷1000SATS
The fluctuation is a bit too exaggerated. 0.00032 dropped to 0.00024 and then rebounded to 0.00032. Strictly control the position and pay attention to the sharp drop.
0.0033 is the key pressure point
If the cost is around here and you lose 20 points, you can consider changing and reducing your position. If you don't have much bullets, after all, the counterfeit stocks have fallen several times in this round.
When 1000SATS rebounds to near the cost, reduce the position, and reduce the proportion of long-term positions after reducing the position. The fluctuation is too large and most people cannot bear it.
🏷1000RATS
0.13 0.16 Pressure level
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
5.8 Variable pressure level
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: 5.8 6
Support level: 5.5 5.3
🏷️YUP
0.93 Meat eater
On July 26, JUP fell back to the lowest point of 0.92, which coincided with the support level of 0.93 in the article of Cognitive Society yesterday.
On July 25, JUP fell back to the lowest point of 0.93, which coincided with the support level of 0.93 in the article of Cognitive Society yesterday.
🏷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: 570 560
Pressure level: 585 600
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?
