12.23 Shrimp Brother Morning Report

The market has been fluctuating back and forth, altcoins have quickly returned to the starting point, Ethereum is back over 3200, Bitcoin has dropped to 9400. Yesterday, there was a rebound driven by Squirrel Pnut, leading to a wave of rebounds in these meme coins like Neiro Act. This wave of altcoins is indeed tough, but it's already almost January, and persistence will truly lead to victory.

After experiencing the 312 and 94 events, these old investors are not too panicked because they know that if the market doesn't rally now, there will definitely be a rally in the first quarter of next year. Before Trump takes office, there will also be a big hype soon. Moreover, looking at the liquidation data, the amount of liquidated long positions is gradually decreasing, and once the bulls can't liquidate much, it will be time to push up and liquidate the bears.

Many newcomers will worry about too much of a pullback and how long the rally will take to break even. In fact, we can look at the wave that started in March this year and another wave that began at the end of November. As long as the market starts to rally, it happens quickly; at the beginning of the year, it was basically 10 times in a week. Recently, even XRP, with such a large market cap, has pulled up 4 times from the bottom. For some small-cap coins, a 10 times increase is not a problem, so there's no need to worry about not being able to make a profit. The manipulators cannot offload during a continuous decline; without trading volume and depth, it's all good. The winter solstice has passed; how far can spring be?