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 persist. Only those who survive in the cryptocurrency space for the long term and stick it out until the end can achieve the results they desire. I hope you understand.

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

Cryptocurrency Community Expert: December 4, 2024 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 95,400. It is now 4:20 AM Beijing time. Let's review. The real-time strategy given in yesterday's article was to go long at 94,500, with resistance at 96,000 forming a clear pressure point. I could only take profits on half, while holding the rest. I re-entered at 94,000, with a stop-loss at 93,500, but I was stopped out just 100 points away. I sold half again at 96,000 and continued to hold the rest, making a total of 3,000 points back and forth. Until the larger trend breaks, don't rush to exit; as long as the pullbacks are effective support, you can continue to enter. All pullbacks are traps for shorts.

Looking at the daily candlestick, the highest was 96,300 and the lowest was 93,600. It broke the EMA15 trend support at 94,330, so we need to see if today's daily candlestick can form effective support and continuously stand above the EMA15. The main force may take advantage of this, so don't rush to exit. Look for opportunities to add back the portion of your position that you took profits on below 94,000, and then set a stop-loss for defense. The MACD is continuously shrinking downwards, with the DIF and DEA still expanding at high levels. The Bollinger Bands are still contracting, and the candlestick is currently above the middle track at 94,300. The upper track is focused on 100,800, and the lower track support is at 97,900. As long as the major trend support is not broken, all pullbacks are traps for shorts.

The four-hour candlestick has continuously contracted downwards, breaking the EMA60 trend line at 95,555, and also breaking the EMA90 trend support point at 94,300. The next support to watch is the EMA120 trend line at 92,700. The MACD is shrinking and increasing positions continuously, with the DIF and DEA starting to contract after falling below the zero axis. The Bollinger Bands are showing an opening and expanding trend. The overall trend is continuously testing the strength of the bottom support. After breaking the previous low, strictly set stop-losses when entering long positions. Risk management comes first, and the entry point for short positions should be above 97,000.

Short-term strategy reference: The market is never 100% certain, so always set stop-losses. Safety first; small losses and big gains are the goal.

For longs, buy between 94,000 and 93,500, with a defense at 93,000 and a stop-loss of 500 points, targeting 95,000 to 96,000, and if broken, look at 96,500 to 97,000.

For shorts, sell between 96,500 and 97,000, with a defense at 97,500 and a stop-loss of 500 points, targeting 95,000 to 94,500, and if broken, look at 94,000 to 93,500.

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 you.

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 you. 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 reflect on your own issues and 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 to 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 valued, and excellence is pursued. 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。