The total global market value is $1,695,202 billion, with a 24-hour increase of -2.94%, a 7-day increase of -6.04%, of which the market value of BTC is $689,548 billion, accounting for 40.68% of the global market value, and it costs $36,700 (-1.63%). BTC contract holdings amounted to RMB 21,592 billion, -22.05% from the previous day. The state of Texas approves state-chartered banks for investments in cryptocurrencies. From a technical perspective, Bitcoin's daily line is testing new short-term highs, and yesterday’s candle is closed with a high Doji pattern showing that the momentum has weakened. The H4 graph shows the market has finished its correction and the Bollinger bands are gradually flattening. Overall, the indicators are neutral. Priotise Sell on High on fluctuation zone. The deciding point whether to buy or sell is near 34800.
Resistance：38400-39500-40800
Support：35800-34800-33300
Disclamer: The report is speculatif and DO NOT guarantee profit. Not financial advice. Please trade at your own risk.