At 8 o'clock on April 8, Beijing time, the ChaiNext 100 index, which reflects the overall trend of the cryptocurrency market, reported 653.67 points, down 2.88% in the past 24 hours, with a turnover of 91.237 billion U.S. dollars, and a 4.78% decrease in transactions compared to the previous 24 hours. Fifteen of them rose, and 85 fell; the USDT OTC Index (USDT OTC Index) reported at 101.80 points, up 0.60% in the past 24 hours. In the past 24h, all major currencies have been adjusted back, with a callback range of 2% -3%, which belongs to a healthy range. BTC is still above the five-day line and is still at the end of the triangle convergence, which may change at any time due to unexpected events. Once out of the convergence zone, there will be a follow-up order of many investors' breakthrough chasing long / breaking chase, which will increase the degree of volatility and form a new trend.