🔹Cognitive Society Exclusive View
Trump issuing coins has already amazed the world, and now his wife and son are also issuing coins...........
Of course, Cognitive Society also knows that it doesn't seem to belong to using presidential powers for profit when Trump issues coins before taking office, but if the world were that simple, there wouldn't be so many cases needing years or even decades of repeated hearings.
📌First: How the profits from Trump's coin issuance are used is the core issue. If used for buying British islands or the welfare of poor Americans, Trump's popularity will soar. But if the profits are for his own enjoyment, there will definitely be issues.
Even before the presidential oath, there will certainly be lawsuits against Trump after the coin crash; popularity and confidence will also lead to a collapse.
📌Second: If the profits from Trump's coin issuance are used for US national interests, the short-term impact will still be huge negative, as money from the crypto space is being pulled away; however, in the long term it is beneficial, as more Americans will speculate on coins and the reputation of the crypto space will gradually improve.
📌Third: The truly meaningful thing is that Trump is working hard to pass a bill in Congress to allow ICOs and trading exchanges in the US, creating legal exchanges and OTC in the US, and even allowing immigration to the US using Bitcoin and Ethereum is the core;
📌Fourth: If Trump has a large amount of Ethereum, the biggest expectation in the future is that the Ethereum staking ETF must pass to trigger a massive surge.
Trump's oath is near, and the prices in the crypto space will fluctuate greatly. Do not chase high prices, pay attention to dips.
The key support level for Bitcoin's four-hour top divergence at 105000 is crucial; if it breaks, a sharp drop to 99500 or 97000 may occur.
What we need to do is simple: wait for sharp drops to focus on Ethereum and UNI, WIF, SAGA, BLUR, OP, SOL, among which LINK has increased too much.
When a market comes, a sharp drop is an opportunity; reduce positions when there's a sharp rise. Operate in batches, avoid going all in, and definitely do not stay empty.
Bloomberg: Trump will launch a series of shocking measures on his first day in office.
On January 20, according to Bloomberg, Trump is set to launch a series of shocking measures on his first day in office. At a pre-inauguration rally, Trump stated that he would sign nearly 100 executive orders within hours of taking office. These orders include declaring a national energy emergency, promoting US energy production, and repealing the previous administration's climate change measures.
Meanwhile, all parties are preparing for the upcoming challenges. Billionaires are heading to Mar-a-Lago (Trump's residence), lobbyists in Washington are actively connecting with Musk's Department of Efficiency, Mexico is preparing thousands of lawyers to deal with deportation issues, and Canadian leadership candidates are emphasizing their ability to cope with Trump.
In the global market, investors are preparing for the real test of a surge in the US stock market, the dollar, and Bitcoin after the election.
📍Cognitive Society Interpretation: There may be huge volatility in the crypto space.
Trump's WLFI Ethereum holdings have surpassed 41,000 coins, worth approximately $140 million.
According to Arkham data, Trump's crypto project WLFI's Ethereum holdings have surpassed 41,000 coins, about $140 million. Currently, the total assets in this address are $309 million, including over $161 million worth of stablecoins.
📍Cognitive Society Interpretation: Hope institutions increase their holdings in Ethereum.
Vitalik: The Ethereum Foundation is currently exploring paying the foundation's budget through staking rewards.
Ethereum co-founder Vitalik stated in response to others' tweets that the Ethereum Foundation is currently exploring paying the foundation's budget through staking rewards.
📍In-depth Interpretation: Hope that Trump holds Ethereum, and through Ethereum staking ETF.
Analysis: Some large institutional investors are starting to shift their investment focus from Nvidia to cryptocurrency ETFs.
Some large institutional investors are shifting their focus from AI chipmaker Nvidia to leading cryptocurrency ETFs. Data shows that Millennium Management's Israel Englander reduced his stake in Nvidia by 12.5% in the third quarter of 2024. Capula Management's Yan Huo reduced his stake by 27.7% in the third quarter. At the same time, these two high-profile billionaire investors increased their holdings in Bitcoin through BlackRock's IBIT, with Englander adding 12.6 million shares and Yan Huo increasing by 1.1 million shares in the third quarter.
📍In-depth interpretation: The crypto space needs a large amount of incremental funds.
🔹Summary: The key support levels for Bitcoin's four-hour top divergence are 105000 and 99500. Sharp drops are all chances to focus on Ethereum, OP, LINK, and UNI. Each Bitcoin crash is an entry opportunity for Ethereum.
Starting in May 2024 is the mid-term bull market for Bitcoin and Ethereum; every sharp drop is an opportunity. Long-term K-line research should focus on Ethereum, followed by UNI, OP, NEAR, BLUR, and LINK.
🔹Short-term data
Disclaimer: The K-line data analysis provided by Cognitive Society is based on data analysis and does not represent any position, nor does it receive any money from any project parties.
🏷Bitcoin
Support levels: 99600 97500
Resistance levels: 110000 116000
🏷Ethereum
The range from 3100 to 3520 has been fully oscillated, and there will be huge volatility in the market direction.
Ethereum always presents entry opportunities during sharp drops.
Laying out Ethereum is the core strategy.
Resistance levels: 3420 3500
Support levels: 3280 3200
🏷️SOL
Cognitive Society repeatedly reminded during the three months of SOL's sharp decline: this round's SOL lowest is around 170, and the drop around 230 can still be monitored.
Cognitive Society exclusively believes that SOL170 is the bottom line. If it doesn't break, there will be a big rebound in a month; if it breaks, it's all in vain. You can aim for SOL at 170.
🏷LINK
26 30 is strong resistance. During the sharp drop, 22 23 can be monitored.
Cognitive Society is following articles on LINK daily on Earth, laid out in 5, and finally 6 times the profit.
New value, new RWA leader. A sharp drop can be allocated, and Cognitive Society's 22 23 years laid out LINK.
🏷uni
13 12 is a key support level, 15 16 is strong resistance.
UNI has a slight increase, but it can still be focused on during dips.
Cognitive Society believes UNI needs to do profit buybacks and then burn the tokens to take off.
Resistance levels: 15 16
Support levels: 13.3 13
🏷️WIF
Short-term trapped.
Cognitive Society believes WIF at 1.5 can be allocated for some long-term positions.
🏷️BLUR
0.2 rebound too timid, 0.24 is strong resistance.
🏷️DOGE
The high point is descending; if it doesn't stabilize above 0.4 soon, it will be dangerous.
🏷OP
2 is strong resistance.
Cognitive Society mentioned OP1.2 layout again, waiting for half a year finally increased.
Cognitive Society believes that OP around 1.2 can still be considered.
Resistance levels: 1.9 2
Support levels: 1.7 1.6
🏷CRV
1 1.1 resistance level
🏷️XRP
Super strong 2.9 doesn't break, aims for 3.2.
🏷️JTO
Indeed, the peak has dropped sharply to 3.5. Support levels are at 2.74 and 2.5.
🏷NEAR
6 is strong resistance.
At the price of NEAR around 1 in 2023, Cognitive Society exclusively reminded to invest steadily from near 1.3.
Resistance levels: 5.5 5.8
Support levels: 5.2 5
🏷AI
0.5 is a key support level, 0.7 and 0.77 become strong resistance.
🏷️JUP
1.2 indeed sharply dropped, buy back around 0.9 and 0.8.
🏷BNB
Cognitive Society exclusively reminds to invest in BNB from 210 to 180.
Support levels: 680 670
Resistance level: 700 710
