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🔹Reviews from Cognitive Society
The highest point of Bitcoin rebound on November 4th was 69,500, which coincides with the pressure point of 69,500 in the article of Cognitive Society yesterday.
The lowest point of Bitcoin on November 3rd was 67,800, which is different from the 68,500 in the article of Cognitive Society yesterday.
On November 2, Bitcoin fell back to the lowest point of 69,000, which is consistent with the 68,800 in the Cognition Society article yesterday.
The highest point of Bitcoin rebound on November 1st was 71,700, which coincides with the pressure point of 72,000 mentioned in yesterday’s article.
Bitcoin rebounded strongly, with almost no drop, while altcoins are still in dire straits.
The crypto industry isn’t talking about trends right now
It's not about trading volume
We are not talking about the section
It's not about value
It's not about hot topics
We're not talking about rotation.
Talking about Trump winning or losing
As long as Trump wins, everything will take off
Of course, if... a sudden drop
There will be another interest rate cut in a few days. If the interest rate is cut by 50 basis points, the stock market will take off.
There are less than 30 hours left, pay attention to the news, God bless Trump to win.
Cognition Society believes that the core factors affecting the mid-term of Bitcoin are Trump's presidency and the intensity of the US interest rate cuts. As long as Trump is the US president, the crypto industry should have a round of surge. Of course, if... a sharp drop
The liquidity of the market will gradually increase after December, and coupled with the certainty after the US election, people still believe that the market will gradually get better.
In case of extreme market conditions, 62000 and 57000 support levels
President of The ETF Store: Ethereum ETFs that allow staking will definitely pass, and Trump’s election will accelerate the process
In response to questions from netizens, Nate Geraci, president of The ETF Store, said that ETH ETF pledge will happen no matter what. (If) under the leadership of the Trump administration, this will happen faster. In addition, Nate Geraci also said that it is only a matter of time before the net inflow of Ethereum ETF picks up.
📍Cognition Society Interpretation: If the Ethereum staking ETF is approved, it will take off.
Report: Bitcoin put and call options are evenly distributed in October, and investors are preparing for the US election
Bloomberg cited a report from crypto derivatives trading platform Derive.xyz that Bitcoin's put and call options were evenly distributed throughout October, indicating that speculators were preparing for both upward and downward movements before the US election.
📍Cognition Society Interpretation: Even the whales are not sure who will win.
Russia's cryptocurrency mining regulations come into effect, officially defining mining as a legal activity
Russia's comprehensive cryptocurrency mining regulations came into effect on November 1, reforming the industry with strict energy caps, mandatory registration, and strict oversight. The law officially defines mining as a legal activity in Russia, sets safety and operational requirements for miners, and creates a structure for trading digital financial assets on specially approved platforms.
Under the new rules, only registered organizations and individual entrepreneurs can legally engage in cryptocurrency mining. The regulations also establish detailed reporting obligations for miners, requiring them to disclose the total amount of mined digital currency to the Federal Tax Service (FTS) and provide address identifiers for each transaction.
📍Cognitive social interpretation: I hope that domestic Bitcoin mining will also be legal.
Former SEC official: SEC's Wells notice to Immutable without thorough investigation poses risks
📍In-depth analysis: This is what it means to be the president of the United States, controlling the SEC
🔹Summary: Bitcoin 68000 66000 is an important support level, 71500 is an important resistance level, every Bitcoin plunge is an opportunity for Ethereum to enter the market
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: 67500 66000
Pressure level: 69200 70500
🏷Ethereum
2400 is the key support level, extreme market is around 2000
On November 3, the highest price of Ethereum was 2490, which is consistent with the pressure point of 2500 mentioned in the article of Cognitive Society yesterday.
The lowest point of Ethereum on November 2, 2420, coincides with the support level of 2400 in yesterday’s article.
The lowest point of Ethereum on November 1st was 2470, which coincides with the support level of 2480 in the article of Cognitive Society yesterday.
The lowest point of Ethereum on November 1st was 2470, which coincides with the support level of 2480 mentioned in yesterday’s article.
The lowest point of Ethereum on October 31st was 2530, which is close to the support level of 2560 mentioned in yesterday’s article.
The highest price of ether on October 30 was 2720, which is consistent with the pressure point of 2730 mentioned in the article of Cognitive Society yesterday.
A sharp drop in Ethereum is an opportunity to enter the market
Deploying Ethereum is the core strategy.
Pressure level: 2490 2580
Support: 2400 2320
🏷️SUN
Fight around 160, extreme market around 125
🏷LINK
10 is the key support level 9.2 in extreme market
New value, new RWA leader, the plunge can be configured, cognitive society 22 23 years 5 layout LINK
🏷 him
In case of extreme market conditions, 6.2 and 5.5 support levels
Cognition Society believes that if UNI wants to take off, it needs to repurchase tokens with profits and then destroy them.
Pressure level: 7.4 7.6
Support level: 7 6.8
🏷️WIF
1.9 support level, extreme market 1.45 1.2 support level
On November 3, WIF fell back to the lowest point of 2. This is consistent with the support level 2 in the article of Cognitive Society yesterday.
On November 2, WIF fell back to the lowest point of 2.04, which coincided with the support level 2 in the Cognitive Society article yesterday.
On November 1, WIF fell back to the lowest point of 2.14 and was close to the support level of 2.26 in yesterday's Cognitive Society article.
On November 1, WIF fell back to the lowest point of 2.24, which coincided with the support level of 2.26 in the cognitive article yesterday.
On October 31, WIF fell back to the lowest point of 2.44, which coincided with the support level of 2.4 in yesterday’s Cognitive Society article.
The highest point of WIF rebound on October 30 was 2.7, which perfectly matches the pressure point of 2.7 in the Cognitive Society article yesterday.
On October 29, WIF fell back to the lowest point of 2.24, which coincided with the support level of 2.2 in yesterday’s Cognitive Society article.
🏷️BLUR
In case of extreme market conditions, 0.16 and 0.13 support levels
🏷️DOGE
0.142 rebound is expected. 0.16 lighten up a bit. Trump and Musk are together, so DOGE will fluctuate more because of Trump. Pay attention to the fluctuation.
🏷OP
Cognition Society believes that OP around 1.2 is still worth considering
Pressure level: 1.5 1.6
Support level: 1.3 1
🏷CRV
Weak bottoming out
🏷️UN
1.8 is an important support level, if it is broken, the market will plummet. The extreme market is 1.35
🏷️TREES
Really exaggerated unilateral 0.007 rebound is average, strong support level is 0.0062
🏷1000SATS
0.00022 is the key, if it breaks, it will weaken and bottom out. 0.0015 is the key support level
Extremely volatile, strictly control positions
🏷1000RATS
0.09 is the short-term support level
1000RATS rebounds to near cost and reduces position. After reducing position, reduce the proportion of long-term position. The fluctuation is too big and most people can't stand it.
🏷NEAR
Weak bottoming out 3 is the key support level
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 4.2
Support: 3.6 3.4
🏷️YUP
0.9 broke the bottom of 0.82, and the extreme market was 0.68
🏷AI and NFP
The decline is too deep. It’s not that we won’t update, but we can only wait.
If you want to be strong, you need to stand firm at 0.65
🏷BNB
On Earth, when BNB is around 200, Cognition Society exclusively reminds you to invest in BNB between 210 and 180
Support: 550 540
Pressure level: 570 580
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.
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 seen those people who promote the bull market every day? Are they still there?