The global market value is $1794.029 billion, a 24-hour increase of +4.31%, a 7-day increase of +6.71%, of which the market value of BTC is $712.716 billion, accounting for 39.73% of the global market value, and the price is $3, 8 million (-0.75%). BTC contract holdings amount to RMB 29.016 billion, +1.95% from the previous day. Cornell University Economist: Bitcoin's three main drawbacks leave room for other cryptocurrencies. From a technical point of view, the daily candle of Bitcoin tries to test the resistance level but failed and weakened and did not manage to get out of the fluctuation zone. H4 graph shows an uptrend channel that is broken through due to the weakening of Euro. MACD is around its axis and RSI is relatively neutral. The market loss its direction again. Overall, prioritize operation in the fluctuation zone. The deciding point whether to buy or sell is near 38000.
Resistance：38000-39300-41200
Support：38000-36800-34500
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