Daily high-quality updates, spend your precious two seconds 👆 Follow us to avoid getting lost
#认知社 #BTC #SOL #REINetwork #ETHFI
🔹Cognitive Society Reviews
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.
As long as Bitcoin holds 68,000, it will continue to sprint to 71,000 to 74,000. Every sharp drop is an opportunity.
FET in the AI sector charged again after a sharp drop to 3.4. 3.6 is the key pressure level. If it passes, there is a high probability that there will be another round of pressure, so be patient and wait for the opportunity.
It should be noted that DOGE is sprinting to 0.23. If it can stand firm at 0.23, Dogecoin will take off. Tesla will adopt DOGE payment. Cognitive Society believes that DOGE will have a market trend sooner or later. You can pay attention to the sudden drop.
After a long period of consolidation, Wright will decide whether it can take off at 105 and 115. At this time, if the official does not want to give up, it needs to provide a good news, or Wright is related to AI or has an inscription. What good news is not important, what is important is to have a good take-off.
🔹Cognitive Society’s K-line spirit
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 doesn’t know when Bitcoin will plummet, but every time Bitcoin plummets, we are reminded that it is an opportunity. We enter the market when Bitcoin plummets, and layout our favorite Ethereum UNI and hot copycats.
Therefore, if a brother with an 8-level position controls his position at around 7 levels when Bitcoin accelerates its rise, don’t imagine taking a short position every time it plummets in the bull market.
🔹Understand the position attitude towards the bull market
Cognitive Society believes that under the premise of a bull market environment, when encountering a high-risk area after a big surge, holding 6 to 8 levels of positions is the most ideal approach (8 levels of economic prosperity, 6 levels of economic stress).
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 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 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.
——————————————
🔹Daily currency news interpretation
Yesterday, the 10 new Bitcoin spot ETFs bought all the new output BTC and the BTC sold by Grayscale GBTC
According to monitoring by HODL15Capital, 10 new Bitcoin spot ETFs were launched yesterday:
-Buy 100% of the new output BTC;
-100% buy grayscale GBTC and sell BTC;
-Buy an additional 3100 BTC from other willing sellers.
📍Interpretation from Cognitive Society: US spot ETFs have caught the market’s selling pressure.
Chainalysis CEO: The gaming sector is key to the development of Japan’s crypto asset industry
A country-by-country cryptoasset fitness survey conducted by Chainalysis showed that Japan ranked 18th in 2023, a significant jump from 82nd two years ago.
Michael Gronager, CEO of Chainalysis, noted that the gaming industry will be key to the further development of Japan’s crypto asset industry. (Nihon Keizai Shimbun)
📍Cognitive Society Interpretation: Ethernet’s second-layer protocol gaming is a general direction.
HashKey Exchange announces comprehensive cooperation with Victory Securities
According to official news, HashKey Exchange, a licensed virtual asset exchange in Hong Kong, announced a comprehensive cooperation with Victory Securities (08540.HK) to further expand virtual asset trading and management services. Victory Securities will open an account at HashKey Exchange to purchase virtual assets, and HashKey Exchange will provide institutional virtual asset custody services for Victory Securities. In addition, the two parties will also provide investors with safer and more efficient virtual asset management solutions through the Omnibus integrated account.
📍Cognitive Society Interpretation: Hong Kong needs to make a difference in exchange stablecoins and spot ETFs.
Cognitive Society articles are continuously updated every day
Take your precious 3 seconds to pay attention
Welcome to reply and consult, any questions will be answered
🔹Summary: If Bitcoin does not break below 68,000, it still has hope of reaching around 71,000. 74,000 is a strong pressure level and a critical point; 24 years is the initial stage of the bull market for Bitcoin and Ether. Every plunge is an opportunity. The focus of long-term K-line research Pay attention to Ethereum UNI OP NEAR BLUR and link pie;
🔹Short-term data on March 29
🏷Bitcoin
Support level: 69500 68000
Pressure level: 72000 74000
🏷Ethereum
On March 28, Ethereum plummeted to its lowest point of 3460, which perfectly coincided with the support level of 3460 in yesterday's article. It rebounded to 3600 to eat meat.
Pressure level: 3610 3680
Support level: 3540 3500
🏷 him
10 days, 9 days sideways, one day rise
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.
Cognitive Society exclusively reminds the bottom area near UNI4
Support level: 12 11.6
Pressure level: 12.8 13.4
🏷LINK
After four months of consolidation, LINK will break through 23 sooner or later. The short-term sharp decline is an opportunity.
Pressure level: 20 21
Support level: 19 18.5
🏷1000SATS
Weak bottom 0.00056 is the key pressure level
In case SATS plummets, pay attention in batches. Cognitive Society’s long-term new batch of coins
Support level: 0.00047 0.00044
🏷1000RATS
Weak bottom 0.28 0.31 is the key pressure level
In case RATS plummets, pay attention in batches. Cognitive Society’s long-term new batch of coins
Support level: 0.23 0.21
🏷DYDX
Weak
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, so you can pay attention to it in batches
Pressure level: 3.6 3.8
🏷 AI
It fell back to 1.76 and rebounded to 1.9, but it is still stuck around 1.9.
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: 1.77 1.7
🏷BNB
Climbing slowly, but 600 to 620 is the threshold
Can you believe it?
On Earth, when BNB is around 200, Cognitive Society exclusively reminds BNB to bet between 210 and 180.
Support: 575 570
Pressure level: 590 600
🏷NFP
The bad news is finally resolved
NFPrompt: Token swap is in progress to deprecate old NFP tokens, snapshot will be taken at 18:00 today
Every time NFP plummets, you need to allocate some and pay attention to it. Cognitive Society’s long-term new batch of coins
🏷CRV
Stuck at 0.73, it is expected to fall back to 0.67
Pressure level: 0.72 0.74
Support level: 0.67 0.65
🏷OP
It’s okay if it doesn’t break 3.5
Cognitive Society exclusively reminds the layout of Cancun upgrade when the bottom of OP is near 1.3.
Pressure level: 3.9 4
Support level: 3.6 3.5
🏷ARB
A plunge is an opportunity. 1.8 is a strong pressure level.
Support level: 1.62 1.58
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
7 rebound
When the price of NEAR23 is around 1, Cognitive Society will exclusively remind you to place your investment when near 1.3 to 1.
Pressure level: 7.5 7.7
Support level: 7 6.8
🏷BLUR
0.62 0.64 is the pressure level
0.58 0.56 support level
🏷
20 to 24 box consolidation
🔹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
You don’t need to make 10 billion a year with leverage
But the second largest exchange on earth only lost billions and went bankrupt after watching the market makers manipulate the market.
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 the coins if you don't have peace of mind?
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?