The total global market value is $1719.981 billion, with a 24H increase of -4.58% and a 7-day increase of +1.46%. The market value of BTC is $716.815 billion, accounting for 41.68% of the global market value, and the price is $38,300 (-4.67%). BTC contract holdings amounted to ￥12.616 billion, -57.59% from the previous day. World Bank: Unable to assist El Salvador in implementing Bitcoin-related policies. Official speech: Bitcoin as an inflation hedging tool outperforms gold by 50 times. From a technical point of view, Bitcoin’s daily candle is closed bearish, but maintain a large range and market lacks direction. H4 graph shows formation of head and shoulder pattern, and indicator tends to be bullish. Overall prioritise operation on fluctuation zone. The deciding point whether to buy or sell is near 38.000.
Resistance: 40000-41300-43000
Support: 38000-36800-34500
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