11.9 Shrimp Brother Morning Report

The big pancake and Ethereum continue to soar, while the altcoin market begins to correct as predicted. Shrimp Brother mentioned the reasons yesterday; in the early morning of the 8th, the U.S. lowered interest rates as expected, and during the day, domestic liquidity was increased with an additional 2 billion U in Ethereum. U.S. stocks opened high, but the cryptocurrency market did not see any significant gains. The altcoin market is likely to correct some, over the weekend, and at most by Monday or Tuesday, it will be time to buy the dip, and at that time, Shrimp Brother will call for buying the dip.

Currently, the bull market has been confirmed, and the market makers pulling the prices are a certainty, so it is impossible to provide very low chips to the market, and the correction will not be too much. Currently, Ethereum is challenging 3000; once it stabilizes, there will be another wave of big market movement. Therefore, seize every opportunity during the correction, as one must hold positions in a bull market.

Yesterday, several fans wanted to FOMO chase the price but were held back by me. This morning, they entered a portion and managed to buy chips at a lower price. Therefore, when buying coins, it is essential to follow your own trading principles and not let emotions control you by chasing highs and selling lows.

Image 1: Those who didn't buy at the high yesterday managed to buy the initial position at a low price today.

Image 2: Those who let go of people yesterday and didn't sell, saw a slight correction today.