December 19th Shrimp Brother Morning Report

The market has once again reached the Ethereum 3500 defense battle, which is the strongest support. Last time it also dropped to this level and then started to rebound all the way. The happiest are those with large positions in ENA USUAL, while the most painful are those with large positions in MEME. Recently, it has been emphasized that the meme sector needs to wait. PNUT NEIRO's wave can be said to have been a real washout, but it will rise again later, and even higher.

Yesterday, Powell mentioned that the Federal Reserve is not allowed to hold Bitcoin. Bitcoin ETF saw an outflow of 794.7 Ethereum, while Ethereum ETF saw an outflow of 20,100. Those who understand this data should know how much has flowed in, and this is how much has flowed out. The dealers, through two weeks of deep washing, have thoroughly cleaned out those who wanted to exit but didn’t, and various leveraged positions have almost all been liquidated. Once the washout is complete, it will be time to rally, with the fastest coming this weekend and the slowest by next week.