ChaiNext: Step back on the 5th line

At 8 o’clock on April 8, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 653.67 points, down 2.88% in the past 24 hours, with a turnover of 91.237 billion U.S. dollars, a 4.78% decrease from the previous 24 hours, the index component token Fifteen of them rose, and 85 fell; the ChaiNext 5 index, which reflects the performance of the blue-chip cryptocurrency market, reported 569.82 points, down 2.86% over the past 24 hours, with a turnover of US $ 74.756 billion, a decrease of 5.28% from the previous 24 hours; the Bitcoin Bubble Index ( BBI index) reported 76.93 points, down 2.07% in the past 24 hours; USDT OTC Index (USDT OTC Index) reported 101.80 points, up 0.60% in the past 24 hours. In the past 24h, all major currencies have been adjusted back, with a callback range of 2% -3%, which is within the healthy range. BTC is still above the five-day line and is still at the end of the triangle convergence, which may change at any time due to unexpected events. Once out of the convergence zone, there will be many investors’ breakout chase / breakthrough chase orders, which will increase the intensity of the volatility and form a new trend.