Wait for the plunge

Daily high-quality updates, 👆Follow and don’t get lost #认知社 #比特币 #以太坊 #BNB #comp 🔹If you want to change your destiny, spend a few minutes to deeply study Cognition Society’s Coin Circle Jiuyin Sutra Gala: 韭菜唯一翻身的机会，想改变命运点击本链接深度学习认知社币圈九阴真经🔹Cognition Social Investment Philosophy: Leverage the Slowness of Time Get rich slowly, follow the power of the bull market and let your wealth take off 🔹 Comments from Cognitive Society On February 29, Bitcoin hit 64,000, which has detonated the circle of friends. If Bitcoin slowly rises, it may last for a while, after all, the profits from slow rise If the market is not in a hurry to cash out and run away, if the rise accelerates very quickly, it will cause a sharp increase in market risks. The overbought rsi94 of Bitcoin's daily line is not very high, but it is still at a high level. It would be perfect if there is a good news at this time. , the market's FOMO broke out. There is no point in chasing Bitcoin higher. Wait patiently for a deep squat. At 1 o'clock on February 29, Bitcoin dropped sharply from 64,000 to 59,200. This sharp drop was used to explode long orders. Many people Started to chase the high by 100 times. This bull market has not seen a decapitation until today. Once Bitcoin accelerates in the future, it is likely to have an extreme decapitation. Therefore, if the brothers holding an 8-level position control the position at 100% when Bitcoin accelerates its rise, At about level 7, in the bull market, don’t fantasize about taking short positions every time there is a sharp drop. ——Cognition’s position attitude toward the bull market ——Cognition Society believes that under the premise of a bull market environment, when encountering a high-risk area after a big surge, holding a position 6 to 8 levels of positions are the most ideal approach (eight levels of economic prosperity, six levels of economic stress). In the early and mid-term of the bull market, do not imagine escaping from the top, let alone escaping every time the top is reached, even 312 in 20 years may not be possible. The top must be right. You can use God's perspective and say that Bitcoin is sold for 8,000, but after 312, wouldn't it be good to buy it for 3,800? 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 big bull market of 69000. In the early stage of the bull market, the top is not out, and you may suffer a few times. Months, but it has been four years of pain after the bull market failed. ———————————— Cognitive Society articles are continuously updated every day. Take your precious 3 seconds to pay attention🔹Daily currency news interprets yesterday’s major global CEX Bitcoin trading volume reached $34.05 billion, setting a new record since the FTX crash. According to data from Kaiko, Bitcoin (BTC) trading volume on the global centralized cryptocurrency exchange (CEX) reached 340 on February 28.500 million US dollars, setting a new record since the FTX collapse. In terms of trading volume on this day, Binance led with $17.09 billion, Bybit reached $3.5 billion, followed by Coinbase and OKX with $2.98 billion and $2.92 billion respectively, and Kraken also had $1.05 billion in transactions quantity. 📍Cognitive Society Interpretation: The bull market is characterized by huge trading volume. JP Morgan predicts that the price of Bitcoin may fall to $42,000 after the halving in April. JP Morgan analysts predict that the price of Bitcoin may fall to 42,000 after the halving in April. USD, because the halving event will reduce the reward for Bitcoin miners from the current 6.25 BTC per block to 3.125 BTC. This reduction will have a negative impact on the profitability of miners and lead to an increase in the cost of Bitcoin production. Analysts further stated that the Bitcoin mining industry may further consolidate, and larger miners will survive (📍Cognitive Society Interpretation: Cognitive Society also believes that Bitcoin will rebound in the future, but dare not say where the lowest point will be Not 42,000, let’s wait until it plummets. HashKey Exchange: The asset management scale of BTC spot ETF is equivalent to half of the gold ETF scale. HashKey Exchange issued a document on the This means that in just over a month, the BTC ETF was almost half the size of all gold ETFs. Bitcoin is often called “digital gold” because of its scarcity, durability, uncounterfeitability, portability , divisibility and verifiability. In fact, Bitcoin is more scarce than gold: for hundreds of years, the supply of gold has grown at a rate of 1% to 3% per year, while the supply of Bitcoin has decreased every 4 years Half. 📍Cognitive Society Interpretation: Bitcoin is already a world asset. The U.S. SEC is considering allowing Bitcoin ETFs and related trust options to be listed and traded. The U.S. Securities and Exchange Commission (SEC) announced the proposal of the New York Stock Exchange American LLC (NYSE American LLC) , aims to amend Rule 915 to allow the listing and trading of options on the Bitcoin ETF, the Grayscale Bitcoin Trust (GBTC), and any trust that holds Bitcoin. The move is intended to provide investors with more exposure to the Bitcoin market opportunities and serve as a hedging tool to meet investment needs while maintaining the same trading rules and procedures as existing ETF options.The SEC will make a decision within 45 days of issuing the notice, which may be extended to 90 days. 📍Cognitive Society Interpretation: This is not a good thing, and it is easy to be shorted by institutions. 🔹Summary: There is no point in chasing Bitcoin high, be patient and wait for a sudden drop to enter the market; 24 years is the initial stage of the bull market for Bitcoin and Ether, and every plunge is an opportunity. The long-term k-line research focuses on the Ethereum sub-UNI OP NEAR BLUR and link pie; short-term data on March 1🏷Bitcoin support level: waiting for a sharp drop pressure level: 64000 66000🏷Ethereum super sprints 3520, if there is an opportunity to rush Falling 3240 3030 is a good opportunity Pressure level: 3540 3600 Support level: 3400 3300🏷uni The consolidation time after the surge is 12.4, which is a strong pressure level, and the vicinity of 10 and 9.5 is the key support level. On February 29, UNI rebounded at the highest point of 11.4 and The pressure level of 11.2 in yesterday's article coincides with the highest rebound point of UNI on February 28, which coincides with the pressure level of 11.2 in yesterday's article. On February 27, UNI fell back to the lowest level of 10.2, which coincides with the support level of 10 in yesterday's article. The highest rebound point of UNI on February 26 11.5 is consistent with the pressure level of 11.6 in yesterday's article. Support level: 10.5 10 pressure level: 11.2 12🏷LINK has the lowest 18 times and is currently trapped 21 pressure level: 20.8 22 support level: 19.4 18.6🏷1000SATS again 0.0006 Cognitive Society believes that 1000SATS cannot be stepped back break 0.00052 is slowly rising strongly. 1000sata will have a big rebound soon as long as it holds 0.0004. You can allocate a little 🏷1000RATS. It is considered strong if it does not break 0.28. 1000sata will have a big rebound soon as long as it holds 0.21. You can allocate some support: 0.28 0.26 🏷DYDX If it doesn’t exceed 3.66, it is tiring, but the sharp drop to 3.07 is also exciting. For every plunge, you can pay attention to the rebound of the lowest 3.36 on February 28, which coincides with the support level of 3.3 in yesterday's Cognitive Society article. The rebound of the lowest 3.36 on February 27 coincides with the support level of 3.3 in yesterday's Cognitive Society article. The support level is 3.36 3.2🏷The tragic collapse of AI1.8 Exceeding expectations, it is still stuck at 1.8 which is too weak for the AI ​​sector. You can pay attention to 0.4 to 1.2 in the long term and do not chase highs🏷BNB460 has strong pressure on the earth. When BNB is near 200, Cognitive Society exclusively reminds BNB210 to 180 fixed investment support level : 400 395 Pressure level: 420 430 🏷 Although the highest ENS is near 24, it still cannot stand firm, so it repeatedly steps back to around 20.3 🏷CRV slowly makes up for the increase and is trapped by 0.66. After a sudden drop, you can enter the market. Pressure level: 0.65 0.68 Support level: 0.61 0.59🏷Any consolidation that OP does not break 3.5 is considered strong. It has repeatedly hit the highest OP high point of 4.05 on February 29 and the pressure level of 4.1 in yesterday’s Cognitive Society article, which is consistent with the OP high point of 3.88 on February 28 and yesterday’s Cognitive Society article. The article’s pressure level of 3.88 perfectly matches the Cognitive Society’s exclusive reminder to lay out the pressure level of Cancun upgrade when the OP bottom is near 1.3: 4 4.2 Support level: 3.72 3.6🏷ARB is climbing, but 2.1 is not too weak, and there is unlock recognition in March Zhishe Earth exclusively reminds "ARB" of fixed bets below 0.9, such as 0.88 0.85 0.82 0.79 0.76 0.73. The actual lowest is 0.74 🏷NEAR4.2 4.5 is a strong pressure level. Zhishe Earth exclusively reminds fixed bets near 1.3 to 1 from near1.3 to 1. near configure some long-term pressure levels: 4.2 4.4 support levels: 3.85 3.7🏷BLUR 0.8 The selling pressure is huge, don’t chase high and calm down, this is the top area, please calm down The fluctuation is a bit exaggerated from 0.66 to 0.8, you can only plummet and play the cognitive society article every day Please take your precious 3 seconds to pay attention to the update. Welcome to reply and inquire. Any questions will be answered.