ChaiNext: After the “policy bottom”, how will the market operate?

At 8 o’clock on March 24th Beijing time, the ChaiNext 100 index reflecting the overall trend of the cryptocurrency market was reported at 584.66 points, up 9.91% in the past 24 hours, with a turnover of US $ 84.404 billion, and the transaction increased 10.51% over the previous 24 hours. 97 of them rose and 3 fell; the ChaiNext 5 index reflecting the performance of blue-chip cryptocurrencies at the broader market reported 511.62 points, up 10.14% over the past 24 hours, with a turnover of US $ 69.785 billion, a 12.26% increase over the previous 24 hours; the Bitcoin Bubble Index ( BBI index) was reported at 73.96 points, up 4.11% over the past 24 hours; the USDT OTC Index (USDT OTC Index) was reported at 101.25 points, down 3.38% over the past 24 hours. The Federal Reserve yesterday launched an “infinite increase and no increase” package, giving a clear “policy bottom” signal. But there is still a market bottom behind the general policy. Taking history as a guide, the QE implementation began in November 2008, and the S & P, Dow, and other indexes did not show significant stop-falls. It was not until March or February 2019 that US stocks reached the bottom and began to rebound. Assuming that BTC and stock indexes continue to be positively correlated, the long-term layout is more appropriate after the market bottom appears. Of course, BTC has many opportunities in the short-term band, and masters can show their magic. At present, the US $ 6900-7000 is a high pressure level, and it is necessary to help the financial markets to break through in one fell swoop.