The global market value is $1427.435 billion, increase of + 9.46% in 24H and increase of + 2.29% in 7 days. Amongst them, the market value of BTC is $647.738 billion, accounting for 45.38% of the global market value, and the price is $34700 (+ 8.02%). BTC's contract position was ￥ 12.436 billion, compared with the previous day - 43.82%. The spread of the contract in the current quarter was $249.26 or 0.72%. News: Bitmain will lower its production of about 20000 TSMC films in the fourth quarter. From the technical point of view, bitcoin weekly candle closed bearish, close to a recent low of $28800. The daily candle showed signs of rebound, but there is pressure from the middle Bollinger band. In H4 graph, RSI index recovered and is currently around 50. The candle is above the 5-day moving average. Overall prioritise operation with the expectation that market will strengthen followed by a drop. The deciding point whether to buy or sell is near 35500.
Resistance：35500-36400-38000
Support：33500-32300-31000
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