At 8 o'clock on February 14, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, was reported at 992.43 points, down 0.58% in the past 24 hours, with a turnover of 111.301 billion U.S. dollars, and the transaction increased by 9.27% over the previous 24 hours. 38 of them rose and 62 fell; the ChaiNext 5 index, which reflects the performance of blue-chip cryptocurrencies at the broader market, reported 845.17 points, a decline of 0.46% over the past 24 hours, and a turnover of USD 87.620 billion, a 9.38% increase over the previous 24 hours. The Bitcoin Bubble Index ( BBI index) was reported at 86.17 points, down 0.41% over the past 24 hours; the USDT OTC Index (USDT OTC Index) was reported at 101.50 points, down 0.08% over the past 24 hours.
According to the ChaiNext100x index, the index has doubled its earnings since this year, indicating that the overall floating profit of digital assets has been large year-to-date, and the short-term selling pressure has accumulated. Any breeze may make the overall market correction. There is no bull market that only rises, but BTC is still in an upward trend channel. However, some mainstream varieties have been trading sideways for many days, and need to be carefully observed.