ChaiNext: I hope to stand firm this time

At 8 o’clock on March 26th Beijing time, the ChaiNext 100 index reflecting the overall trend of the cryptocurrency market was reported at 597.44 points, up 0.95% in the past 24 hours, and the turnover was US $ 78.969 billion. The transaction was 7.30% lower than the previous 24 hours. 23 of them rose, 77 fell; the ChaiNext 5 index, which reflects the performance of blue-chip cryptocurrencies at the broader market, reported 523.333 points, an increase of 1.16% over the past 24 hours, and a turnover of USD 65.757 billion, a decrease of 7.23% over the previous 24 hours. BBI index) was reported at 74.96 points, up 1.21% over the past 24 hours; the USDT OTC Index (USDT OTC Index) was reported at 101.00 points, down 1.10% over the past 24 hours. After half a month of baptism, BTC not only stood on the 5th and 10th moving averages, but also returned to the upper line of the daily Bollinger Band. The last stand was still one and a half months ago. After the failure of the offensive mid-rail on March 8th, multiple serial waterfalls appeared directly, falling from 9,000 US dollars to 3,800 US dollars within 6 days. Since there is less information available on the fundamentals of the currency circle, technical indicators are relatively important. If the future price drops below the mid-rail and uptrend channel at the $ 6300 level, the market will usher in blood. In the past month, BTC and the top ten mainstream currencies showed a positive correlation of about +0.9, so the sharp fluctuation of BTC will continue to have a greater impact on mainstream currencies.