November 16th Shrimp Brother Morning Report
The two days of sideways trading over the weekend have come to an end, and today is another day of broad market gains. What you need to do now is hold onto your chips tightly and not let the market makers shake you out. BlackRock is buying every day, and many listed companies are gradually venturing into cryptocurrency. Even Trump has started to buy, buy, buy, with no reason to exit.
It can be seen that besides buying Bitcoin and Ethereum, Trump has also purchased several other coins like AAVE, LINK, ENA, and ONDO, which are mainly from the DeFi sector. In the early stages of a bull market, the strategy is to continuously borrow to increase leverage, boost liquidity, and enhance TVL (Total Value Locked), and once a certain funding chain is established, sector rotation begins.
Some people believe that Ethereum will break its previous high this week, and the market generally anticipates that Ethereum will surpass its previous high in Q1, followed by Bitcoin and altcoins reaching new heights. Don't easily reduce or liquidate your positions; getting back in can be difficult. Be sure to pay attention to new coins; Usual Cow has been performing well recently, and the reason for Cow's rise is that Trump is currently using this coin for his purchases, and previously Vitalik also used this swap to sell coins, so it will continue to rise. In a couple of days, find a suitable point to enter during the consolidation.