Analysis shows: Bitcoin back to the trend line, the overall upward trend remains unchanged

At 8:00 on August 7th, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, was reported at 1019.23 points, down 2.34% in the past 24 hours; the Bitcoin Bubble Index (BBI index) was at 88.91 points, down 1.32% in the past 24 hours; USDT The Off-exchange Index (USDT OTC Index) was at 98.48 points, down 0.65% in the past 24 hours. After several consecutive days of rising, Bitcoin showed a significant correction yesterday. It stepped back on the trend line but did not fall below the uptrend channel. Most other currencies also linked back, but the decline was small.