On Wednesday Bitcoin continued to fluctuate at small intervals, and market activity was low. The current price of Bitcoin is around $34,600. The data shows that on July 07, the daily Bitcoin trading volume fell to its lowest point in 2021, with an annual price difference is 2.99%, which is a 0.55% increase from the previous day, and the market sentiment index “careful but optimistic”. Statistics: Bitcoin and Ethereum on-chain activity remains relatively low. From a technical perspective, the interval of Bitcoin's daily candle is small, and is closed with Doji. The H4 graph showed Bitcoin continued to operate around the BOLL, and the triangle pattern starts to converge. The indicators are relatively neutral. Overall, prioritise, Sell at a high price within the fluctuation zone. The deciding point whether to buy or sell is near 34000.
Resistance：35500-36600-38000
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