Market replay, long and short game

At 8:00 on October 9th, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 737.98 points, down 0.17% in the past 24 hours, with a turnover of 33.83 billion US dollars. The transaction volume decreased by 13.23% compared with the previous 24 hours. Among the 63 rises, 37 fell; the ChaiNext 5 index, which reflects the performance of the blue-chip cryptocurrency, reported 654.43 points, which fell 0.21% in the past 24 hours, with a turnover of 28.172 billion US dollars. The turnover decreased by 14.64% compared with the previous 24 hours; the Bitcoin Bubble Index ( The BBI index is at 80.78 points, down 0.10% in the past 24 hours; the USDT OTC Index is at 99.24 points, down 0.55% in the past 24 hours. The bitcoin market yesterday seems to have replicated the trend of the day before yesterday, and it quickly rose after the slowdown, but the highest point showed a slight downward shift. Most other mainstream currencies continue to move together. Although the exchange rate against the Bitcoin has risen slightly, the transaction volume is insufficient and there are many suspects.