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🔹Reviews of Cognitive Society
After Bitcoin plummeted by 66,000 on June 12, it surged by 70,000 due to good expectations of CPI data.
The article published by Cognition Society the day before yesterday warned that Bitcoin and Ethereum would have to choose a direction for a big fluctuation. A drop of 66,000 was also expected by the Cognition Society article, but the drop of Shanzhai was completely beyond the expectations of Cognition Society, and even beyond the three views of Cognition Society.
Understanding the 312 crash and the long position
Understanding the 414 crash and the bull market chips
The three bottoms of the daily line on May 1st still make the cognitive society think that it is a sufficient exchange of chips in the bull market.
However, the Shanzhai market is repeatedly approaching the historical low point, which is much deeper than the bloodbath in the big bear market in 2022 and 2023.
22 23 years of bear market crashes have rebounded after each, 24 years of Bitcoin surged every time, Ethereum and hot altcoins rebounded, most altcoins are flat
Lying flat is not scary
When Bitcoin falls, the copycats are in trouble
But when Bitcoin plummeted, the altcoins were close to their historical lows
This way of playing is really amazing
Because if you copy the stop-profit function and take a few dozen points, you will waste time and expectations
If you don't stop profit, don't even think about escaping the top, it will fall back to the historical lowest point, who wouldn't be hurt
Heaven has bestowed a great responsibility on this man
You must first suffer your will
Work hard
Probably refers to the copycat
As long as US inflation does not rebound, Ethereum will definitely surge when the US cuts interest rates at the end of the year, and the altcoins will slowly recover.
The speeches in the early morning of June 13 are generally Tai Chi. A sharp drop is an opportunity, and a sharp rise is a little selling.
The pressure level for Bitcoin to rebound is 70500-72000, of which 72000 is a strong pressure level.
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.
Pay attention to Ethereum when it is low, and the Ethereum ecosystem is the core strategy.
🔹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.
——————————————
Bitcoin spot ETFs saw net outflows of $200 million, with BlackRock IBIT seeing no inflows/outflows.
📍Cognition Society Interpretation: Bitcoin has reached 70,000, which should be due to the increase in institutional holdings today
U.S. core CPI falls to three-year low as traders expect the Fed to cut interest rates
The U.S. unadjusted core CPI annual rate was 3.4% in May, lower than the expected level of 3.5%, the lowest level since April 2021. Traders expect the possibility of a Federal Reserve rate cut to increase.
📍Interpretation of Cognition Society: I don’t ask for much, just a rate cut at the end of the year is fine, I will wait for half a year
President of The ETF Store: Ethereum spot ETF S-1 may be approved by the end of June, and the SEC has no reason to delay
Nate Geraci, president of The ETF Store, said on X: “While we don’t know any progress yet, I would be surprised if the Ethereum spot ETF S-1 filing is not approved by the end of June. There is no reason for the (SEC) to delay. After the Ethereum futures ETF and the Bitcoin spot ETF, the heavy lifting has been done.”
📍Cognitive Society Interpretation: Xixi plummets, pay attention to Ethereum
🔹Summary: Bitcoin's short-term pressure level is 70200-72000, and the support level is 68000-66000. Every time Bitcoin falls back, 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 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
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: 68800 67000
Pressure level: 70500 72000
🏷Ethereum
Stimulus plunge 3420 and then rebound 3650
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: 3650 3800
Support: 3560 3500
🏷LINK
Tragic rebound near 15, 16.3, 17 pressure level
New value, new RWA leader, the plunge can be configured, cognitive society 22 23 years 5 layout LINK
🏷 him
Rebound after a sharp drop of 8.8
Pressure level: 10.6 11.2
🏷️BLUR
Absolutely, minimum 0.33
Pressure level: 0.37 0.4
Cognition Society believes that BLUR is below 0.38 and some long-term investments should be allocated in batches
🏷OP
It’s so bad that it dropped to 2. The cognitive society is also convinced
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 2.3 2.4
Support level: 2.1 2
🏷️
22 24 Pressure level
20 18 support level
🏷ARB
The bottom is reached once a month, and the reasons are the same every time
Cognition Society believes that the layout below "ARB" 1 is carried out in batches
🏷️TNSR
When it was 1.2, you thought that the cognitive society said that around 0.85 was a good position. It was impossible.
The result fell by 0.81
0.93 1 pressure level
🏷️SUN
SUN
145 is actually okay, if SOL60 the market will have money, but unfortunately 165 170 pressure level
🏷️WIF
2.4 2.2 support level is not broken, it is good, the decline is too deep this time
3 is an important pressure point
No update on June 11
On June 10, the lowest WIF level of 2.63 coincided with the support level of 2.63 in the Cognitive Society article yesterday.
On June 9, the lowest WIF level of 2.63 coincided with the support level of 2.5 in the article of Cognitive Society yesterday.
No update on June 7
On June 6, the lowest WIF level of 3.3 coincided with the support level of 3.35 in the article of Cognitive Society yesterday.
The highest WIF of 3.55 on June 5th coincides with the pressure level of 3.5 in yesterday’s Cognitive Society article.
On June 4, the lowest WIF level of 3.2 was consistent with the support level of 3.2 in the Cognitive Society article yesterday.
WIF2.9 Pressure level 2.6 2.35 Support level
🏷️TREES
0.009 is the lowest expected, the decline is not large
No update on June 11
On June 10, BOME's lowest price of 0.0105 coincided with the support level of 0.0105 in yesterday's article.
On June 9, BOME's lowest price was 0.0105, which coincided with the support level of 0.0105 in yesterday's article.
No update on June 7
On June 6, BOME's highest point was 0.0141, which coincided with the pressure point of 0.014 in yesterday's article by Cognition Society.
On June 5, BOME’s lowest point was 0.013, which coincided with the support level of 0.013 in yesterday’s Cognitive Society article.
On June 4, BOME’s lowest point was 0.013, which coincided with the support level of 0.013 in yesterday’s Cognitive Society article.
Bome resistance level 0.011 0.012 Support level 0.010 0.0095
🏷️YUP
The minimum of 0.9 is still expected
0.95 0.85 Support Level
1.04 1.1 pressure level
🏷️UN
The lowest point is 2.7 and the rebound is very fast
JTO resistance level 3.35 3.5 3.15 3 support level
🏷 AI
1.3 down 0.88......
1.05 1.1 Pressure level
0.9 is an important support level
You can allocate some long-term investments below AI1. Pay attention to the new batch of long-term coins that Cognitive Society is focusing on.
🏷NEAR
The lowest level is around 6 which is expected
6.8 7 is a strong pressure point
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: 6.8 7
Support: 6.4 6.2
🏷NFP
Lowest 0.38..........0.6 down 0.38
Some long-term investments below NFP0.44, a new batch of long-term coins that Cognitive Society is focusing on
🏷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 Levels:
Pressure level: 635 650
🏷1000SATS
Rising or falling by multiples.....................
Lie flat
Reduce positions near the rebound 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.
🏷1000RATS
Rising or falling by multiples.....................
Lie flat
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.
🏷DYDX
I....
Tank
Every time DYDX plummets, you should allocate some and pay attention to it. The new batch of long-term coins that Cognitive Society pays attention to
Cognitive Society is very optimistic about the future and value of DYDX, which can be followed in batches
🏷CRV
The founder is a big idiot
🔹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?
