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🔹Reviews of Cognitive Society
Bitcoin fluctuated sideways around 64,700 on June 17.
Bitcoin continues to be weak, with no rebound after the sharp drop.
As for the copycat, Cognitive Society is also losing a lot, there is no need to doubt it, this is the conclusion.
From lying flat to falling apart
Waiting for spring with the spot
Today, Sun Ge has also sold his shares. This old man with many years of experience is also a top player with a net worth of tens of billions. He not only has the backend data of the exchange, but also has launched several copycats such as BTT TRX. He can be said to be a top-level main force.
Winter is coming, only family members can hold us tight
Waiting for spring
The analysis at this time is of little significance. I dare not buy altcoins. Bitcoin has not fallen, and Ethereum has been investing regularly.
Bitcoin 65000 63000 is not a particularly strong support level, it is more about the will of the main force, because Bitcoin's daily MACD and weekly MACD are both negative, saying that it is strong is misleading.
The reason why Bitcoin's indicators did not plummet is that the chips are in the hands of institutions, retail investors do not have Bitcoin, and institutions are not selling them at present, so they have not fallen. Whether the Bitcoin spot ETF will flow out tomorrow is the core of the market. If institutions continue to buy Bitcoin, the market can rebound, but if the Bitcoin ETF continues to flow out, it is impossible to stabilize.
Exchange time for space
Sun Ge is in pain
What solutions do we have?
In every final, only a few people persevere to the end
There is still some 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.
🔹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.
There is nothing special about the news
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🔹Summary: If the Bitcoin spot ETF continues to outflow, it will be difficult to stabilize. 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 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 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
🏷Bitcoin
Support: 65000 63000
Pressure level: 66000 67500
🏷Ethereum
This time the highest level of 3660 is expected. As I said before, a sharp drop in Ethereum is an opportunity.
3600 3660 is the key pressure point. If it cannot stand firm at 3600, it will fall back.
If the Ethereum spot ETF is traded in August, there are still 2 months 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: 3570 3620
Support: 3480 3400
🏷LINK
have no choice
New value, new RWA leader, the plunge can be configured, cognitive society 22 23 years 5 layout LINK
🏷 him
The highest is indeed 12, and there is a huge sell-off at 12. Don’t chase highs, as it may fall back to around 10
Pressure level: 12 13
Support: 10.6 10
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.
Other cottages stabilized
🔹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 promote the bull market every day?
