ChaiNext: Long and short trading volume has increased significantly

At 8 o’clock on August 6th, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 1126.02 points, an increase of 3.73% in the past 24 hours, with a turnover of 53.024 billion US dollars, an increase of 2.55% from the previous 24 hours. The index component tokens Among them, 72 rose and 28 fell; the ChaiNext 5 index, which reflects the performance of blue-chip cryptocurrencies in the broader market, reported 974.88 points, an increase of 4.15% in the past 24 hours, with a turnover of US$42.566 billion, an increase of 5.37% over the previous 24 hours; Bitcoin bubble index ( BBI Index) reported 77.16 points, up 1.70% in the past 24 hours; USDT OTC Index (USDT OTC Index) reported 99.41 points, down 0.04% in the past 24 hours. Yesterday, although there was no sharp rise in a short period of time, BTC has been rising continuously for nearly 12 hours. It has now reached the upper edge of the 11500 shock. The current position has high resistance, and the long and short trading volume has increased significantly compared with the previous one. If there is no subsequent upward breakthrough, it can be basically confirmed that the current position will be the upper edge of the shock for a period of time in the future. In addition, although the concept of digital currency in the stock market is currently hot, due to capital inflow channels and restrictions on funds by laws and regulations, it is difficult to bring substantial incremental funds to BTC in a short period of time. The continuous discount of USDT also confirms this.