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🔹Reviews of Cognitive Society
The highest point of Bitcoin rebound on May 21st was 72,000, which coincides with the pressure point of 72,000 in the article of Cognitive Society yesterday.
On May 20, Bitcoin fell back to the lowest point of 65,800, which coincided with the support level of 65,800 in the article of Cognitive Society yesterday.
It is the expectation of Cognitive Society that Bitcoin will sprint to 72,000. After all, the selling pressure at 68,000 is not great. However, the hot spot in the market on May 21 is not Bitcoin but Ethereum.
In 2023, Cognition Society proposed that Bitcoin spot ETF would be passed in 2024, and Ethereum spot ETF would be passed in the second half of 2024. If the copycat wants to rise 100 times in 2025, then it would be ideal to pass another copycat ETF in 2025, such as SOL UNI LINK.
Because if we only use a Bitcoin spot ETF, it will be hard for anyone to take over in the future market. Finance needs stories.
The Ethereum spot ETF on May 23 may not be approved immediately. The SEC's attitude has begun to prepare for the approval of the Ethereum spot ETF, indicating that the approval of the Ethereum spot ETF is only a matter of time.
The core of life is hope
Work hard because of hope
Despair is the best opportunity.
Cognitive Society does not paint a rosy picture
Thank you for your support
Bitcoin 72000-80000 is a strong pressure point, pay attention to the Ethereum series when it falls.
SUN
If a third spot ETF is to be adopted, it will probably be similar to UNI SOL LINK XRP, and the time will be 25 years or the next bull market.
On May 20, the highest point of SOL rebound was 180, which coincided with the pressure point of 180 in the article of Cognitive Society yesterday;
If it does not break 160, it will continue to sprint to the pressure level
DOGE, JTO, TNSR...More👉Hot copycat trend reviews
🔹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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🔹 Daily Coin News Interpretation
Tonight, the US Bitcoin spot ETF had a net inflow of US$237 million (3,518 BTC), of which BlackRock IBIT had a net inflow of US$66.4 million.
📍Interpretation of Cognitive Society: Bitcoin spot ETF sets an example for Ethereum spot ETF
The US SEC has asked Nasdaq and CBOE to adjust the filing of spot Ethereum ETFs
According to sources, the U.S. Securities and Exchange Commission asked Nasdaq and the Chicago Board Options Exchange to adjust their spot Ethereum ETF filings on Monday. The SEC's request is said to indicate that the regulator may be ready to approve a spot Ethereum ETF.
Bloomberg analyst: US SEC may approve spot Ethereum ETF 19b-4 filing as early as Wednesday
Eric Balchunas, a senior analyst at Bloomberg, wrote on the X platform that rumors have it that the U.S. SEC hopes to submit a revised 19b-4 document for the spot Ethereum ETF before 10 a.m. local time tomorrow (based on a large number of comments received by relevant parties today), and it may be approved as early as Wednesday.
Earlier news, Bloomberg analyst James Seyffart wrote on the X platform: "Brief note, Eric Balchunas raised the probability of approval of the spot Ethereum ETF to 75%. But this is for the May 23 deadline of 19b-4 (VanEck's deadline). We also need approval from S-1. It may take weeks to months before we see S-1 approval and the actual Ethereum ETF goes online."
📍Cognition Society Interpretation: I dare not say that the Ethereum spot ETF will definitely pass on the 23rd, but it is only a matter of time before it passes
The gap between BlackRock and Grayscale’s Bitcoin holdings has narrowed to about $1 billion
Official data shows that as of May 20th local time, Grayscale's spot Bitcoin ETF GBTC held 289,390.3453 BTC, and BlackRock's spot Bitcoin ETF IBIT held 277,716.00350 BTC. The gap between the two has narrowed to 11,674.3418 pieces, and the market value gap has also narrowed to about US$1 billion (US$1,011,688,068.1).
📍Cognition Society Interpretation: BlackRock is a super invincible buyer.
Justin Sun currently holds 665,000 ETH, of which 390,000 were purchased at an average price of $2,984
According to on-chain analyst Ember’s monitoring, Justin Sun currently holds 665,000 ETH (US$2.447 billion), of which 390,000 (US$1.435 billion) were purchased at an average price of US$2,984 between the end of 2023 and the end of April this year.
1⃣2023/12/26-1/5, 17,883 ETH (US$40.45 million) was withdrawn from CEX through the 0x9fc...9fe address, with an average price of US$2,262;
From 2/8/2020 to 2/25/2020, 173,863 ETH (US$525.24 million) was purchased through the 0x7a9...095 address by withdrawing from CEX + purchasing on the chain, with an average price of US$2,869.
From 3⃣4/1 to 4/25, 176,117 ETH (US$552 million) was purchased through the 0x435...7cb address by Binance withdrawal + on-chain purchase, with an average price of US$3,138;
From 4/27 to 4/29, 22,316 ETH (US$72.38 million) was withdrawn from Binance through the address 0x205...621, with an average price of US$3,244.
Of these 665,000 ETH, 247,000 are stored in wallets, and 417,000 are on pledge and re-pledge platforms:
215,217 ETH→ EigenLayer；
120,139 ETH→ Swell；
58,558 ETH→ Puffer；
23,225 ETH→ Lido；
454 ETH→ etherfi。
📍Interpretation of Cognitive Society: Sun Ge is also considered the main force, and the cost is also 2985
🔹Summary: Bitcoin is very strong if it falls back but does not break 64500, pay attention to Ethereum and strong altcoins
There is no destructive negative news. Bitcoin 56600 is likely to be the bottom area of the third historical bottoming. At present, it is likely that April 14th is the historical bottom area. Bitcoin 56500 is likely to be the bottom area. May 24th is the mid-term bull market of Bitcoin and Ethereum. Every plunge is an opportunity. The long-term K-line research focuses on Ethereum UNI OP NEAR BLUR and link cake.
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.
🔹Short-term data
🏷Bitcoin
Support: 68500 67500
Pressure level: 72000 74000
🏷Ethereum
Every time the price of Ethereum plummets, Cognitive Society says it is an opportunity, and many people laugh at them............
Time is the best proof and medicine
When the price falls, arrange the long-term position of Ethereum in batches
Pressure level: 3850 4000
Support: 3600 3400
🏷LINK
17 is a strong pressure point, let's see if there is a chance around 15
New value, new RWA leader, you can configure it when it falls back to around 15
🏷 him
The first key pressure point is around 10, and the real strong pressure point is 11.6
Pressure level: 10 11.6
🏷️BLUR
0.44 is the key pressure point
The short-term fixed investment of 0.33 is stupid. Now it seems to be very profitable. The pattern determines the profit.
Cognition Society believes that BLUR's sharp drop can be allocated in batches for some long-term
🏷OP
Follow the Ethereum takeoff 3 3.25 is a strong pressure point
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 3 3.2
Support level: 2.7 2.6
🏷 AI
1.1 is the support level, 1.2 is the resistance level
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
Around 8.5 is the key
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: 8.2 8.5
Support: 7.7 7.5
🏷NFP
The lowest level is 0.43 and the pressure level of 0.5 is consistent with the cognitive society.
0.47 0.45 is the support level 0.5 0.53 is the resistance level
Every time NFP plummets, you should allocate some and pay attention to the new batch of coins that Cognitive Society pays attention to in the long term
🏷1000SATS
0.35 0.4 is a strong pressure point
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.
In case of a sharp drop in SATS, pay attention to it in batches. Here are the new batch of coins that Cognitive Society is paying attention to in the long term.
🏷1000RATS
0.14 is the friction, 0.18 is the critical pressure point
In case RATS plummets, pay attention to it in batches. Here are the new batch of coins that Cognitive Society is paying attention to in the long term.
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
2.5 is the key pressure point
Every time DYDX plummets, you should allocate some and pay attention to it. The new batch of coins that Cognitive Society pays attention to in the long term
Cognitive Society is very optimistic about the future and value of DYDX, which can be followed in batches
🏷BNB
Sure enough, the lowest price was around 560.
560 is expected to rebound if it does not break
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: 600 590
Pressure level: 620 640
🏷CRV
0.5 and 0.55 pressure levels
🏷ARB
1.26 is the key pressure 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
🏷️
Every time V God chooses a surge
The high position is taken back, there is not enough time. It may not be updated temporarily in the future. There are too many coins in the state
🔹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
However, the second largest exchange on earth watched the market makers manipulate the market, and only lost billions and went bankrupt to form its own trading system and make money within its own cognitive range. Don't imagine that you can make money from the daily rise and fall, let alone the rise and fall of each coin. This person does not exist on earth, nor does this kind of organization. If such an organization existed, FTX, the exchange that watches the main backstage, would not have collapsed.
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?
