According to TokenInsight data, the TI index reflecting the overall performance of the blockchain industry reported 708.76 points at 8:00 on July 17th, down 102.13 points from the same period of last year, a decrease of 12.59%. In addition, among the 28 sub-sectors closely watched by TokenInsight, all industries fell within 24 hours, with the smallest decline being 0.73% in the anchoring and reserve industry; the highest decline was in the entertainment and gaming platform industry, at 26.01%. . According to the monitoring, the BTC 24h transaction volume was $24.6 billion, and the number of active addresses and transfers increased by 10.71% and 19.53% respectively from the previous day. BCtrend analyst Jeffrey believes that during the mid-term adjustment cycle of the bull market, new inflows are in short supply and the market panic has fallen.