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Cryptocurrency experts: 2024.12.4 Bitcoin (BTC) latest market analysis.
The current price of Bitcoin is 95400. It is now 4:20 AM Beijing time. Let's review: The real-time idea provided yesterday was to buy at 94500, encountering resistance at 96000 which formed a clear pressure point, so I could only take half off, holding the rest. I re-entered at 94000, with a stop loss at 93500, but was forced out just a hundred points away. Sold half again at 96000; the rest continues to be held. I made 3000 points back and forth. Until the larger trend breaks, don't rush to exit; only re-enter if the support holds effectively. All pullbacks are traps for shorts.
Looking at the daily K-line, the highest is 96300 and the lowest is 93600. Breaking the EMA15 trend support at 94330 means we need to see if today's daily K-line can form effective support and stand on the EMA15. The main force may leverage this, so don't rush to exit. Look for opportunities to add back the profit-taking portion below 94000, and then set stop losses for defense. MACD continues to shrink downward; DIF and DEA are still expanding at high levels. The Bollinger Bands are still contracting. The K-line is currently above the middle track at 94300. Pay attention to the upper track at 100800 and the lower track support at 97900. As long as the major trend support does not break, all pullbacks are traps for shorts.
Four-hour K-line continues to shrink downward, breaking below the EMA60 trend line at 95555, and similarly breaking through the EMA90 trend support point at 94300. The next support to focus on is the EMA120 trend line at 92700. MACD is shrinking while accumulating positions and continues to exert force; DIF and DEA have fallen into the zero axis and are starting to contract. The Bollinger Bands show an opening and expanding trend. The overall trend is constantly testing the strength of the bottom support, continuously breaking previous lows. After entering long positions, strict stop losses are essential; risk management comes first. Short entry points are set above 97000.
Short-term trading idea reference: Markets are never 100% certain, so always set stop losses. Safety comes first; small losses with big gains are the goal.
Long positions from 94000 to 93500, with a defense at 93000, stop loss of 500 points, and a target of 95000 to 96000. If broken, look towards 96500 to 97000.
Short positions from 96500 to 97000, with a defense at 97500, stop loss of 500 points, and a target of 95000 to 94500. If broken, look towards 94000 to 93500.
Specific operations should be based on real-time market data. For more information, please consult the author. There may be delays in article publication; suggestions are for reference only, and risks are to be borne by the reader.
This article is exclusively supplied by cryptocurrency experts and only represents the expert's viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of article publication, the above views and suggestions may not be real-time and are for reference only. Risks are to be borne by the reader. Please indicate the source when reprinting. Control your positions reasonably and avoid heavy or full positions. Experts also hope that investors understand that the market is always right. If you are wrong, you should reflect on where your problems lie. Don't let profits that should have been yours slip away. There's no need to be smarter than the market. When there is a trend, follow it; when there is no trend, observe and remain calm. It’s not too late to act once the trend becomes clear. Tomorrow's success comes from today's choices. Heaven rewards diligence, Earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses happen unexpectedly. Develop the habit of strictly setting stop losses and take profits for each trade. Cryptocurrency experts wish you happy investing!
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