At 8 o'clock on November 29th Beijing time, the ChaiNext 100 index reflecting the overall trend of the cryptocurrency market was reported at 665.13 points, down 1.18% over the past 24 hours, with a turnover of US $ 39.071 billion, and transactions decreased by 25.55% from the previous 24 hours. 50.0 gains and 50.0 declines; the ChaiNext 5 index, which reflects the performance of blue chip cryptocurrencies at the market, was reported at 583.20 points, down 1.24% over the past 24 hours, and the turnover was US $ 31.772 billion, with transactions decreasing by 24.40% compared to the previous 24 hours. BBI index) was reported at 78.13 points, down 0.41% in the past 24 hours; the USDT OTC Index (USDT OTC Index) was reported at 99.79 points, down 0.17% in the past 24 hours. Bitcoin was smashed at 6 AM Beijing time, failed to stand firm at $ 7,500, and is currently oscillating at $ 7,450. Recently, the platform currency is relatively strong. The tokens of some second- and third-tier platforms have doubled in just 2 days, and mainstream platform currencies have also increased by 20%. This shows from the side that even if it rebounds, the share of altcoins cannot be obtained, because tokens (similar to platform coins) with stronger consensus and intrinsic value have gradually become the market preference. But now that they have risen a lot at the bottom, it is not advisable to chase up large positions.