Bitcoin is weak on the upside, the shock will continue

At 8:00 on October 22, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 739.17 points, down 0.05% in the past 24 hours, turnover was 35.11 billion US dollars, and the turnover increased by 4.67% compared with the previous 24 hours. 43 rises and 57 declines; the ChaiNext 5 index, which reflects the performance of the blue-chip cryptocurrency, reported 652.96 points, down 0.34% in the past 24 hours, turnover was 28.522 billion US dollars, and turnover increased by 1.92% compared with the previous 24 hours; Bitcoin bubble index ( The BBI Index was reported at 82.97 points, down 0.12% in the past 24 hours; the USDT OTC Index was at 100.21 points, down 0.05% in the past 24 hours. After Bitcoin rebounded to around 8,300 in 8000, there was no further upside momentum. At the same time, the OKEx long-term ratio has not improved significantly. Although the contract basis has maintained a premium and rebounded slightly today, it is still in a lower position, indicating that the overall market has recovered slightly, but it has not really got rid of air-conditioning. The shock is likely to continue for a while. time. Other mainstream currencies continue to be based on linkages, and performances are performed from time to time, but the final trend of this market will still be determined by Bitcoin.