At 8 o’clock on April 29th, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 717.76 points, up 0.69% in the past 24 hours, with a turnover of 75.588 billion U.S. dollars, a decrease of 7.53% from the previous 24 hours. The index is composed of tokens 56 of them rose, 44 fell; the ChaiNext 5 index, which reflects the performance of the blue-chip cryptocurrency market, reported 621.30 points, an increase of 0.71% in the past 24 hours, with a turnover of 59.887 billion US dollars, a decrease of 6.69% from the previous 24 hours; the bitcoin bubble index ( BBI index) reported at 75.69 points, up 0.04% over the past 24 hours; USDT OTC Index (USDT OTC Index) reported at 99.87 points, down 0.53% over the past 24 hours. XRP has performed strongly in the past day, with a cumulative increase of 10%. LTC and TRX followed closely, with an increase of about 5%. At present, BTC has come to an important long and short watershed-$ 8,000, which is also the point before the 312 cliff. It is extremely critical to think about how the main force works. Will it break through first and then start a new round of rise after a major correction? It is estimated that the main force has not thought about it himself, so it is still holding the spot steadily.