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When we talk about money, we are essentially discussing the resources that individuals can call upon. And when we talk about cognition, we are mainly referring to the ability to understand the world and solve problems.
To make an analogy, a person who has money but lacks cognition is like a strong beast without intelligence. A person with high cognitive levels may not have the direct ability to mobilize resources (physical strength), but they know how to indirectly utilize weapons and set traps. Over a longer period, money cannot compete with cognition.
Many past experiences have led me to realize that adding a valuable thinking model can sometimes completely change the framework through which we view the world. For example, "Russell's Turkey", "Survivorship Bias", "Falsifiability", "Black Swan", "Dissipative Structures", "The Boundaries of Knowledge", "The Ergodicity of Probability"... There are many historical and financial models that often cause one's reaction to incoming information to be completely different from those around them.
Those who continuously accumulate knowledge as compound interest will gradually evolve into "superhumans" in terms of cognition. And superhumans do not worry about asset issues; there are fish in the water and prey in the woods. Of course, the value of money is to solve problems quickly within a limited space-time.
For instance, a person with a high level of cognition but no money would not be able to buy a Gulfstream within a week. This is similar to what was said earlier about humans suddenly encountering a tiger; unless an accident occurs, it is very normal to be killed.
Cognition takes effect over an extended time dimension. And time is the most core capital. It should not be wasted. Why should we keep enough cash? Because monetizing cognition takes time, and cash helps us happily get through this time $BAS $BNB {future}(BNBUSDT)
Don't be fooled by the current calm! Raul Pal warns: the real madness hasn't begun yet. Remember 2026 — that's when the global taps will be turned to the maximum, and massive funds will flood into altcoins. Why? Because the world's debts must be repaid with newly printed money, and asset prices are destined to soar. All the current fluctuations are just the dark scene before the grand show begins. When the economy accelerates again, the bold money will rush to the riskiest corners. Bitcoin has long been the mirror of global liquidity, and the next wave of flood is on its way. Be patient, the strongest liquidity tsunami is gathering strength, and the truth will be revealed in 2026. Reply with '888' to receive 🧧$SOL $XRP $ETH #美联储降息 #加密市场反弹
NIGHT (Midnight) - Investment Analysis & Trading Opportunity Assessment
Fundamentals Overview NIGHT is the native token of Midnight, a privacy-focused blockchain developed by Charles Hoskinson (Cardano co-founder). Launched on December 9, 2025, Midnight employs zero-knowledge (ZK) proof technology to enable applications that balance privacy with regulatory compliance. The token has a fixed supply of 24 billion units and generates DUST for transaction fees.
Key Characteristics: Privacy-first Cardano sidechain with interoperability across Solana, Ethereum, and Bitcoin
Regulation-compliant architecture addressing privacy limitations of existing blockchains
Strong institutional backing and founder credibility
Latest News Dynamics
The narrative around NIGHT has been highly volatile and mixed:
Bullish Signals:
NIGHT surged ~200% within 24 hours of launch, reaching $1.2B+ market cap and $320M trading volume beincrypto
Position Size: 61.4M contracts (substantial open interest)
4-Day Price Trajectory: Dec 10: $0.06846 → $0.06335 (consolidation)
Dec 11: $0.06335 → $0.04609 (-27% crash, $43.4M volume spike)
Dec 12: $0.04609 → $0.04697 (stabilization attempt)
Dec 13: $0.04697 → $0.04788 (modest recovery, $7.9M volume)
Technical Indicators (15-min & 1h timeframes):
RSI: 44.9-51.8 range (neutral, neither overbought nor oversold)
MACD: Bearish crossover on 1h (DIF -0.000123 < DEA -0.000064), suggesting downside pressure
Bollinger Bands: Price trading near middle line ($0.0498), confined within $0.0487-$0.0501 range
Support: $0.0483 (1h), $0.0488 (15m)
Resistance: $0.0498-$0.0502
Order Book Imbalance: Slight bid-side advantage (3.4% at 5-level), but thin liquidity
Key Observation: NIGHT is in a post-crash consolidation phase with declining volume. The negative funding rate and neutral RSI suggest exhaustion of both bulls and bears.
Trading Opportunity Assessment Short-Term Outlook (Next 7 days): Bounce Play (Conservative):
Entry: $0.0483-$0.0488 (support zone)
Target: $0.0510-$0.0520 (resistance breakout)
Risk/Reward: 1:1.5 to 1:2
Rationale: Oversold conditions after 80% crash; technical support holding. Manage positions carefully given extreme volatility.
Range Trading (Moderate): Buy Zone: $0.0483-$0.0490
Sell Zone: $0.0500-$0.0510
Stop Loss: Below $0.0480
Rationale: Thin liquidity and declining volume suggest range-bound consolidation before next directional move.
Avoid Leverage Until Clarity:
Negative funding rate and thin order book make 25x leverage extremely risky
Wait for volume recovery and RSI confirmation above 55 before aggressive positioning
Medium-Term Consideration (2-4 weeks):
Monitor Cardano ecosystem adoption and exchange listing expansion (Hoskinson mentioned more exchanges coming)
Privacy coin narrative strength depends on regulatory developments
Past performance is not indicative of future results. The 200% rally followed by 80% crash demonstrates extreme speculation risk.
Recommendation Current Status: NEUTRAL with cautious upside bias. NIGHT is a speculative, high-volatility asset suitable only for risk-tolerant traders. The fundamentals (privacy tech, founder credibility) are solid, but the token's extreme price swings and thin liquidity create execution challenges.
Action Plan: Spot traders: Wait for volume recovery and RSI > 55 before accumulating
Futures traders: Use tight stops (2-3% risk) and avoid leverage until consolidation breaks decisively
The privacy narrative is compelling long-term, but near-term technicals suggest patience is rewarded over aggression.
Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Cryptocurrency markets are highly volatile. Past performance is not indicative of future results. Manage your positions carefully, especially with leverage. Conduct your own research before trading.