The total global market value is $1,395,476 billion, with a 24-hour increase of -13.88% and a 7-day increase of -22.59%. The market value of BTC is $592.215 billion, accounting for 42.44% of the global market value. Influenced by the latest news from Chinese regulations, Bitcoin fell more than 11% in intraday trading on Monday. Statistics: Activity on the Bitcoin chain fell sharply this week, returning to levels not seen in a year. From a technical perspective, Bitcoin forms a bearish candle because of news which made bearish sentiment stronger. The H4 chart shows a downward spiral, reaching the recent support at 31000-30000 and rebounding slightly, indicators are bearish. Overall sell at high prices in the fluctuation zone, if price drops under 30000, then continue to Sell. The deciding point whether to buy or sell is near 31000
Resistance：33600-35000-36200
Support：31700-31000-30000
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