Bitcoin
The total global market value is $1,726,908 million, with a 24H increase of +2.59%, a 7-day increase of -20.84%. Amongst them, the market value of BTC is $722.587 billion, accounting for 41.84% of the global market value, and the price is $38,700 (+11.48%). One River, a digital asset hedge fund apply to the SEC to create a carbon-neutral Bitcoin ETF. Data: USDT premium rate turned from negative to positive, hitting a new high of nearly 4 days. From a technical point of view, the daily line of Bitcoin closed in positive yesterday, it was a correction after a big dip. The bearish sentiment was strong, although there is a W-bottom pattern in the H4 graph, However, the indicators do not show a bullish signal and the pressure from the top is obvious. 42000 points will be the most critical point in the near future. Overall prioritise Sell on high the fluctuation zone. The deciding point whether to buy or sell is near 42000.
Resistance：38800-40000-42000
Support：37700-35900-34500
Disclamer: The report is speculatif and DO NOT guarantee profit. Not financial advice. Please trade at your own risk.