At 8:00 on October 10th, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, was reported at 773.15 points, up 4.55% in the past 24 hours, with a turnover of 41.109 billion US dollars. The turnover increased by 17.58% compared with the previous 24 hours. 77 of them rose and 23 fell; the ChaiNext 5 index, which reflects the performance of the blue-chip cryptocurrency, reported 685.45 points, up 4.56% in the past 24 hours, with a turnover of 34.378 billion US dollars. The turnover increased by 18.04% compared with the previous 24 hours; the Bitcoin Bubble Index ( The BBI index is 81.95 points, up 1.85% in the past 24 hours; the USDT OTC Index is 99.54 points, up 0.30% in the past 24 hours. Bitcoin rebounded sharply yesterday, breaking the short-term downtrend channel. The current position is above the volatility range, but if there is no further breakthrough, then the demand for shocks still exists. In the long run, the current shock range is still not broken. If there is a sideways move here, then the big probability will be a long-term decline.