The essence of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your actions are reasonable and if 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 crypto circle academicians may not make you rich overnight, they can help you sustain your presence. Only those who survive in the crypto space for the long term and persist until the end can achieve the results they desire. I hope you understand.

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

Crypto Circle Academician: November 25, 2024 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 97,650. It is now 6:45 AM Beijing time. Yesterday's market saw a short position at 98,400, which was closed at 97,200. The current price strategy shared across the network has been profitable. I remind everyone that after closing one position, do not immediately start the next one. Wait for opportunities and signals. At 1 AM, a small double bottom formed, indicating that the rebound has begun. Bitcoin has retraced to the neckline at 96,000, with a low of 95,700. After breaking 96,100, I entered a long position and am currently holding.

Looking at the daily candlestick chart, there are signs of a pullback. The neckline on the daily level has not yet been determined. The EMA15 trend fast line support has reached 91,000 and is still pulling up. The MACD shows a decrease in volume with a top divergence, and the DIF and DEA are showing signs of contraction at high levels. The upper Bollinger Band is contracting, and the resistance level is stagnating around 104,500. The middle band has not finished stretching and has broken 87,500. The strategy remains the same as yesterday's article: in a large upward trend, all pullbacks are defined as false signals. Focus on establishing long positions at low levels, and do not hold short positions for too long. Remember to take profits once they exceed 1,000.

The four-hour candlestick chart shows a pullback that just touches the previous low point of 95,750 formed on the 21st, which can serve as a short-term indicator for long and short exchanges. As long as the neckline is not broken, bulls can hold without rushing to exit. The MACD shows a decrease in volume and an increase in positions, while the DIF and DEA are expanding downwards at high levels and encountering resistance. The Bollinger Band is contracting, and after breaking the lower support at 96,450, it begins to challenge the middle band resistance at 98,150. The upper resistance point to watch is 99,850. The KDJ is forming a golden cross upwards. The strategy indicates that bulls can hold effectively, and it is advisable to wait for the previous high to break or to take profits on long positions before looking for opportunities to enter short.

Short-term strategy reference: The market is never 100% certain, so always set stop-losses. Safety first; the goal is to minimize losses while maximizing gains. The strategy focuses on buying on pullbacks and selling as a supplement. Observe more and act less; do not resist positions.

For short positions, set up between 9.95 and 10.0, with a stop-loss at 10.2 to 10.3, risking 500 points, targeting 9.90 to 9.80, and if broken, look at 9.70 to 9.60.

For long positions, set up between 9.60 and 9.65, with a stop-loss at 9.55 to 9.50, risking 500 points, targeting 9.80 to 9.90, and if broken, look at the 10.0 level.

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 Crypto Circle Academician and represents the unique views of the Academician. 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 views 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 Academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, 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, and sincerity is rewarded. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Crypto Circle Academician wishes you happy investing!

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