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On April 8, Bitcoin once again sprinted to 72,700, which was in line with the expectations of the cognitive society. Ethereum also soared, but the rebound strength of the copycat was quite touching, which seemed too cowardly.
When retail investors chase high prices and are too far from the cost, their desire to participate in the market will decrease. Because of the surge in Ethereum, NEO QTUM CELR in the public chain sector has skyrocketed, but after a long bear market, there are too few people holding this old public chain, so there is no pressure to pull the price.

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On April 7, Bitcoin reached 70,000, which was a strong consolidation. The decline was small, and rebound was the characteristic of Bitcoin this year.
Whether Bitcoin can reach 72,000 on April 8 is of great significance to the altcoins, because Bitcoin is once again close to its historical high point, and the altcoins should have a strong rebound. After all, this round of retracement is at the level of the daily line, and many altcoins have plummeted.
Ethereum and Shanzhai will choose the short-term direction on April 8. If Ethereum can stand firm at 3460, Shanzhai will make up for the rise. The decline is too large and needs an oversold rebound to boost morale.

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On April 6, Bitcoin went straight and had almost no fluctuations, which was embarrassing.
Because the sideways fluctuation after a sharp drop is the most concerned about human nature and patience, the confidence after a big drop will slowly lose patience in the sideways fluctuation.
Bitcoin will choose a short-term direction in the future market, among which 66000 64500 is the key support level, and 68800 is the key pressure level. As long as 68800 cannot be stabilized, it will repeatedly bottom out.
Bitcoin is fluctuating sideways, the Hong Kong conference is held, and if the market's copycats want to surge, they need a positive factor and a leader. Ethereum and the second-layer protocol RWA Oracle section Inscription section AI section, whoever can take the opportunity to explode will activate the market. Why is there no SOL ecosystem in it? It has been rising for several months and only fell for a few days.

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On April 4th, Bitcoin fell back to 65100, and the price did not change much. However, many copycats dipped to the bottom for the second time, such as AI ARB.
Bitcoin’s strong pressure level of 68,000 to 69,000 is the key to the short-term. In fact, Bitcoin has not dropped much so far, with a maximum of 73,000 and a drop of 68,000. I really can’t say it is a drop, because the market value of Bitcoin is so high. Under the premise of increasing five times, A ten-point drop is nothing.
Ethereum is the leader of the cottage industry. Whether Ethereum can stand firm at 3420 is the key to the market. If Ethereum stands firm at 3420, the market will gradually stabilize.

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On April 3, Bitcoin fell back to 64500 again, while Ethereum and altcoins continued to fall.
Bitcoin fell ten points from 71,000 to 64,500, but the decline of most copycats is not a matter of ten points. A plunge of 20 to 30 points is normal.
This is because most retail investors hold altcoins, and the vast majority of retail investors' altcoins are chasing highs, and few people buy at the bottom in a bear market, so when there is a slight plunge, many people stop loss and sell at a loss.
This is why Cognitive Society persists in the big bear market. The bear market itself does not seem to make money, but the source of wealth is the bear market.

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🔹Achievements of Cognitive Society:
Unlike many analysts who are bullish on the rise and bearish on the crash, Cognitive Society has never made money chasing the rise. Apart from the uncontrollable bad news, it has never been afraid of the plunge.

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On April 2, Bitcoin plummeted by 64,500, and the market was miserable.
At 1 o'clock in the morning, Bitcoin still held a rebound of 68,000, but the market's long sentiment was too exaggerated. The ratio of people short in Ether reached 4.5, that is, 450 people were long and 100 people were short, forcing the main force to plummet and force the long.

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On April 1, Bitcoin fell around 68,500 and then traded sideways. Bitcoin itself fluctuated very little, while Ethereum and altcoins plummeted.
The ratio of longs and shorts in Ether on April 1st was 2.5, with 250 longs and 100 shorts. As a result, capital costs have remained high. Market short-term funds are eager to lurk in the Ether faction, waiting for Ether to make up for the increase.
As long as Bitcoin holds 68,000, the market risk is limited. After all, everyone firmly believes in the bull market, and few people want to take advantage of it. However, if Bitcoin falls below 68,000 in heavy volume, there will be a sharp decline. After all, the next strong support level of 63,000 is far away.

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I didn’t update the article yesterday because it was too boring. Otherwise, repeating the same words would make the article look low-quality and deliberate.
Bitcoin is almost stuck at 70,000. It can no longer be said to be a sideways fluctuation. It can be said that the price has become a straight line. The weakness of ether has slowly cooled down the counterfeit, and it has slowly rebounded today. If ether can sprint around 3900, it is expected to drive a wave of growth. Wave copycat rebounds.
There are no skills in the bull market. You must be firm when it plummets. Many people chase the highs when they rise sharply. If they plummet, they will think of the bear market and then cut off their flesh. In a big bull market, you will lose your pants.

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On March 28, Bitcoin returned to its lowest point of 68,000, which coincided with the support level of 68,000 in yesterday's Cognitive News article.
On March 29, Bitcoin returned to its lowest point of 69,500, which coincided with the support level of 69,500 in yesterday's Cognitive News article.
The consolidation of Bitcoin has given opportunities for copycats to perform. The older batch of copycats such as MASK, Lite and BCH have made full use of the opportunity to rush to the pressure level. Lite 105 and 115 are strong pressures. At this time, a favorable cooperation is needed, such as Lite's inscriptions, such as Lite's AI, Anyway, just good news.

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On March 28, Bitcoin returned to its lowest point of 68,000, which coincided with the support level of 68,000 in yesterday's Cognitive News article.
The performance of Bitcoin in the past 24 hours perfectly reflects the relationship between the bull market and the bad news. When the bad news comes, it falls, but the main force quickly recovers the lost ground.
If Bitcoin sprints from 72,000 to 74,000 on March 29 and falls in heavy volume, it may lead to a second top on the daily line. Pay attention to the risks.
If Bitcoin stands firm at 74,000, it will be the beginning of a new round of rise. However, the principle of Cognitive Society is always to remind you to buy at the bottom when it plummets. I have never chased highs, nor have I made money to chase highs. I can’t hold on to the chips to chase highs. I am afraid.

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On March 27, Bitcoin sprinted to 717,500 and then encountered a bearish plunge of 68,500.
Many people don’t understand why the U.S. court ruled that the exchange Coinbase had unregistered securities, and the market immediately plummeted. On the surface, it is because the exchange is where everyone saves their assets, but in essence, the United States controls the pricing power of Bitcoin.
Yesterday’s Cognitive Society article reminder:
As long as Bitcoin holds 68,000, the market outlook will repeatedly sprint to 71,000 73,000. As the early highest point near 73,700, it is the core selling pressure.