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🔹Reviews of Cognitive Society
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.
Some copycats in hot sectors will continue to take off, but if ether bottoms out again it will be difficult for most copycats to perform.
Although the Ethereum spot ETF has encountered many difficulties, these difficulties are similar to those of the Bitcoin spot ETF. Only when there is a high probability will it be discussed repeatedly. This is why you have never seen the SEC discuss any copycat spot ETFs.
As long as there is a possibility of a US Ether spot ETF, the decline of Ether should not be too exaggerated.
If Ethereum can maintain a stable level between 3200 and 3000 and build a new platform, it will take off sooner or later, so the sharp drop in Ethereum is an opportunity.
There is no change in the other statements, because it is important to say again:
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 losses 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.
If you chase high prices when the price is NEAR 9, a 20-point fluctuation can scare you to death. But if you want to get rich, you should buy more than NEAR 1 point. These chips are all in the bear market.
The short-term rise and fall cognitive society does not dare to brag about what will happen, but the basic logic of the currency circle is that after the bear market buys the bottom, the bull market waits patiently to take off.
I myself don’t eat every time there is a rise or fall, I escape from the top of every stage.
For example, the comparison between NEAR and OP LINK and Bitcoin and Lite
OP LINK Litecoin has a normal K-line trend. It has fully consolidated after a sharp rise. Litecoin even reached a second bottom at the monthly level in January 24, which is predictable by the cognitive community.
Bitcoin has experienced a unilateral rise due to the spot ETF near the founder's participation in AI. This is really beyond the scope of Cognitive Society's capabilities, which is why the initial expectations were not so strong.
This is why Cognitive Society never dares to take a short position every time it knows it will plummet.
It’s okay to be stuck in a bull market for three months, but missing out on the bull market may make you bleed. You can’t wait another four years, right?
Something gained and something lost
There is incremental funding for Bitcoin spot ETFs. As long as there is no continuous net outflow from the Bitcoin spot ETFs in the United States, Bitcoin will most likely be able to hold 59,000.
As long as Bitcoin holds 61,000, the market's squat is still relatively limited. What is more frightening is the destructive power of Bitcoin's heavy volume falling below 58,000. The possible source of this destructive power is whether the Bitcoin spot ETF will have inflows or net outflows in the following days.
In fact, as long as Bitcoin holds 61,000 and then fluctuates sideways for a month, the altcoin market can have a real bull market and surge. Because Bitcoin fluctuates sideways at 70,000, the market funds are not enough. The current entry funds are all in Bitcoin. Only when Bitcoin falls a little can funds be released for the altcoin market to take off.
I believe that most retail investors are not waiting for the Bitcoin bull market, but for the copycat bull market.
Therefore, as long as Bitcoin holds 61,000, there is no big problem. As long as Bitcoin holds 59,000, the market has limited room for decline, and it is the bottom area.
🔹Hot trends
ARB Most KOLs will delete their recommendations if they fall, but Cognitive Society is different. ARB fixed investment is short-term trapped and flat
Wright Daily rebound height drops, don't chase highs, there is still a need to step back, 96 93 is an important support level
DOGE 0.191 is the key pressure level. Only when you stand firm can you slowly stabilize.
1000PEPE 0.0066 is the key support level. If the rebound wants to stabilize, it needs to pass the pressure level of 0.0075
WIF plummeted 3.5, and 4.17 is still the key pressure point
YGG’s Cognitive News article yesterday exclusively reminded that YGG can rebound around 1.16, which is indeed the lowest point;
YGG1.33 is the key pressure level
BOME fell back to 0.16 again, and 0.185 is still the key pressure point
It's OK as long as JUP1.5 is not broken. JUP 1.7 1.86 is the key pressure point
JTO is very unilateral, it is OK if it falls back but does not break 4.4
Cognitive Society articles are continuously updated every day
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🔹The K-line spirit of cognitive society
Many new fans feel that the daily articles of Cognitive Society are not directly bullish or bearish, which affects the ability to make money by playing contracts. The principle of Cognitive Society is to play more with spot prices in the bull market. We do not overly judge the short-term rise and fall. This is not playing Tai Chi, but is the basis of Cognitive Society. Our 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.
🔹Understand the position attitude towards the bull market
Cognition Society believes that under the premise of a bull market, when encountering a high-risk area after a big surge, it is ideal to hold 6 to 8 positions (8 for a comfortable economy and 6 for a tight economy).
In the early and mid-term of a bull market, don't imagine escaping from the top, let alone escaping every time it hits the top. Even 312 in 20 years doesn't necessarily mean escaping from the top is right.
You can use a God’s perspective to say that if you sell Bitcoin at 8,000, wouldn’t it be a good idea to buy it at 3,800 after 312 happens?
Daydreaming, 3800 is instant, and soon 5900, the profit is not that exaggerated, but if you don't buy it back in time, the most painful thing is to miss the 69000 bull market.
In the early stages of a bull market, it may be painful for a few months if the top does not come out, but if the bull market is short, it will be painful for four years.
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🔹 Daily Coin News Interpretation
The opening ceremony of the Hong Kong Web3 Carnival will be held on April 6, and Wood Sister will talk with HashKey Capital DC
The opening ceremony of the Hong Kong Web3 Carnival will be held on April 6, when HashKey Capital CEO DC and ARK Invest CEO and Chief Investment Officer Cathie Wood will have a roundtable discussion. The two sides will combine the dual perspectives of Wall Street and crypto natives to deeply explore the latest hot topics in the industry such as cryptocurrency, blockchain and digital assets, bringing cutting-edge insights and in-depth perspectives to the audience.
📍Interpretation of Cognition Society: It has little significance. What Hong Kong needs is a real desire to enter the crypto industry, and what it needs is determination and policies.
BlackRock’s IBIT cumulative net inflow exceeded US$14.3 billion, and GBTC’s cumulative net outflow exceeded US$15.2 billion.
According to monitoring by Farside Investors, the Bitcoin spot ETF has experienced a cumulative net inflow of $12.1968 billion since its launch. in:
-IBIT has accumulated net inflows of USD 14,316.3 million;
-FBTC’s cumulative net inflow is US$7.768 billion;
-BITB’s cumulative net inflow is US$1.644 billion;
-ARKB has accumulated net inflows of $2,221.5 million;
-GBTC’s cumulative net outflow was US$15.2271 billion.
📍Interpretation of Cognitive Society: Grayscale really intends to sell out all of them
Ripple plans to issue USD-pegged stablecoin
According to CoinDesk, Ripple will issue a USD-backed stablecoin. The company said the token, planned for release "later this year," will be "100% backed by U.S. dollar deposits, short-term U.S. government debt and other cash equivalents." The stablecoin will be initially deployed on Ripple’s institution-focused XRP Ledger as well as the Ethereum blockchain, and will be based on Ethereum’s ERC-20 token standard.
📍Cognition Society Interpretation: The reason why XRP was not brought in is because the profits from stablecoins are used to buy back XRP
🔹Summary: There is no problem for Bitcoin to hold the 645,000 market. Many copycats have oversold rebound needs, so don’t panic; 24 years is the initial stage of the bull market for Bitcoin and Ether, and every plunge is an opportunity. Long-term K-line research focuses on Ether sub-UNI OP NEAR BLUR and link pie;
🔹Short-term data for April 5
🏷Bitcoin
Support level: 66600 64500
Pressure level: 68100 69300
🏷Ethereum
The bottom of 3250 is reached again. If the price plummets, you need to invest regularly. There is no risk if Ethereum does not fall below 3000.
Pressure level: 3420 3500
Support: 3360 3300
🏷 him
Why
UNI's model is a huge demonstration for DEFI. Cognitive Society believes that many projects will imitate it. For example, DYDX CRV AAVE COMP may all give profits to currency holders in the future.
Cognition Society is the only one that reminds the bottom area near UNI4
Support: 10.8 10
Pressure level: 11.6 12
🏷LINK
19.5 is a strong pressure point
Pressure level: 18.5 19
Support level: 17.6 17
🏷1000SATS
The lowest price is 0.00044, rebounding to 0.0005 and 0.00056, which are important pressure points.
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
The lowest level 0.226 is too weak. The short-term level 0.265 and 0.28 are the key pressure levels.
In case RATS plummets, pay attention in batches. Cognitive Society’s long-term new batch of coins
🏷DYDX
Lie flat
Every time DYDX plummets, you need to allocate some and pay attention to the new batch of coins that Cognitive Society will pay attention to in the long term.
Cognitive Society is very optimistic about the future and value of DYDX, which can be followed in batches
Support level: 3 2.85
🏷 AI
Fixed investment 1.4 is an important support level
Every time AI plummets, you need to allocate some and pay attention to the new batch of coins that Cognitive Society will pay attention to in the long term.
Support level: 1.52 1.42
🏷BNB
Hit a new key pressure level of 620
Can you believe it?
On Earth, when BNB is around 200, Cognitive Society exclusively reminds BNB to bet between 210 and 180.
Support: 580 570
Pressure level: 600 620
🏷NFP
0.77 0.81 is the key pressure level
Every time NFP plummets, you should allocate some and pay attention to the new batch of long-term coins that Cognitive Society is focusing on.
🏷CRV
If you want to stabilize, you need to stand firm 0.66
Pressure level: 0.64 0.66
Support: 0.61 0.59
🏷OP
Hold on to 3 big rebounds in the morning and evening
Cognition Society was the only one who reminded us to upgrade Cancun when the OP bottom was around 1.3.
Pressure level: 3.3 3.5
Support level: 3.1 3
🏷ARB
Continue to place your bets and reduce the rebound.
Support: 1.42 1.3
Cognitive Society Earth exclusively reminds "ARB" to bet below 0.9, such as 0.88 0.85 0.82 0.79 0.76 0.73. The actual lowest is 0.74
🏷NEAR
6 is a good short-term opportunity, 7 is a key pressure point
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: 7 7.2
Support: 6.5 6.35
🏷BLUR
If 0.5 does not break, there will be a rebound.
0.56 0.58 short-term pressure level
🏷️
There is no market. Please suspend updating this coin.
🔹Understand the attitude towards making money
Cognitive Society doesn’t like hindsight
I don’t like the way those KOLs advocate making all the money.
If anyone in the currency circle could benefit from the rise and fall of each 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 the scope of your own knowledge. Don’t imagine that you will eat the rise and fall of every day, let alone the rise and fall of every currency. This person does not exist on earth, and this kind of institution does not exist. If there is With the existence of this kind of institution, FTX, the exchange that serves as the main backend, will not go bankrupt.
Mismatch between desires and abilities
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 others' promises and guarantees to hold on to their coins when they plummet.
Banks have collapsed. Even the legal currencies of some major countries have collapsed. Evergrande and Zhongzhi have bankrupted with trillions of dollars.
Do you think that in such a high-stakes place in the crypto industry, people promising returns can be trusted?
The bullies are just talking nonsense. It’s really a plummeting and bear market. Have you seen those people who advocate the bull market every day? Are they still there?
