ChaiNext: The upside will not stop, but we need to be wary of the profitable shipments of the stock funds leading to the callback

At 8 o’clock on July 28th, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 1028.23 points, an increase of 8.38% in the past 24 hours, with a turnover of 62.726 billion U.S. dollars, an increase of 23.26% from the previous 24 hours. The index component tokens Among them, 33 rose and 67 fell; the ChaiNext 5 index, which reflects the performance of blue-chip cryptocurrencies in the broader market, reported 893.52 points, up 9.91% in the past 24 hours, with a turnover of 50.142 billion U.S. dollars, an increase of 24.65% over the previous 24 hours; Bitcoin bubble index ( BBI Index) reported 77.38 points, up 3.52% in the past 24 hours; USDT OTC Index (USDT OTC Index) reported 99.57 points, up 0.74% in the past 24 hours. BTC continued to attack, breaking the previous consolidation pattern. The east wind of precious metals has now reached above 11,000, partially supplementing the previous earnings. At the same time, ETH was mainly reorganized yesterday. Although it is already severely overbought, there is no obvious correction. If BTC can maintain its upward trend, the market outlook still has potential for growth. One thing to note is that the current USDT discount and premium have only risen slightly, indicating that there has not been a large inflow of external funds for the time being, and we need to be wary of the callback caused by the profitable shipment of stock funds.