The essence of trading is survival, and only then comes profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the cryptocurrency community may not make you rich overnight, they can help you stay in the game. Only those who survive in the cryptocurrency space for the long term and persist until the end can achieve the results they desire. I hope you understand this.

I am a warrior in the cryptocurrency community, always protecting the retail investors. I wish my followers financial freedom in 2024. Let's work hard together!

Cryptocurrency Community Expert: November 22, 2024 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 98,888. It is now 3:15 AM Beijing time. Before this article was published, Bitcoin once again broke its historical high, reaching the 99,000 mark, just 1,000 points away from the 100,000 milestone. Yesterday, I went long at 94,000 and took profits at 97,000, securing 3,000 points. Since then, I've been observing the market. The real trading details have been shared for everyone's reference. Currently, I have not entered the market again. The trend remains bullish, but remember, if the trading mindset does not adjust with the trend, do not trade.

Looking at the order book, the daily K-line reached a high of 99,100 and a low of 94,000. The EMA trend indicator is still aggressively stretching, with EMA15 already at 88,000. The MACD continues to show a top divergence, and the Bollinger Bands are expanding upwards, breaking the 102,000 mark. The KDJ is facing upward resistance, and the trading volume is insufficient. It is clear that currently, only the main force is driving the market, while most people are choosing to go long. Many hands make light work, and shorts are continuously being liquidated. Those who haven't been liquidated are still holding positions, leaving behind shock and fear. The greed index has already broken historical records, and the larger market trend shows no signs of a top.

The four-hour K-line is stretching upwards, with the EMA trend indicator showing all five lines rising. The MACD is increasing in volume, and the Bollinger Bands are expanding upwards. The upper band at 98,400 has been lost, with the middle band support at 93,650. Almost all short-term indicators are showing divergence, and the market is fluctuating by several thousand points. At this time, with rapid rises and falls, I suggest everyone first protect their holdings and focus on survival. You can avoid taking profits but must set stop-loss levels. If you're wrong, you must admit it. In the cryptocurrency space, you must learn to recognize your mistakes; do not resist or be stubborn.

Short-term trading strategy reference: There is no certainty in the market, so always set stop-losses. Safety first; small losses and big gains are the goal. The strategy is to primarily go long on pullbacks to support, with shorts as a secondary option. Observe more and act less; do not resist positions.

For the upper range of 10.2 to 10.3, go short with a stop-loss of 500 points, targeting 10.0 to 9.95. If broken, look for 9.90 to 9.70.

For the lower range of 9.40 to 9.30, go long with a stop-loss of 500 points, targeting 9.60 to 9.70. If broken, look for 9.80 to 9.90.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication; the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Cryptocurrency Community Expert and represents the expert's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The expert also hopes that all investors understand that the market is always right. If you are wrong, you should summarize where your issues lie. Do not let profits that should be yours slip away. There is no need to be smarter than the market. When a trend arises, respond and follow it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Hard work is rewarded, integrity is rewarded, sincerity is rewarded, trust is rewarded, excellence is rewarded, and passion is rewarded. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Cryptocurrency Community Expert wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。