December 31, 2024, Shrimp Brother Morning Report

Time flies, this year I can only afford to lose one more day, Bitcoin has drawn the door again on the 27th, but the overall trend of Ethereum has become stronger, the support level of 3300 has not been broken, and now we have passed the first stage of Bitcoin's continuous rise, the second stage requires Bitcoin to either pull back or consolidate. The capital flow towards Ethereum and altcoins has started a widespread rise and sector rotation, which has gradually begun.

From the process of each decline, we can see that some coins are very strong, they do not drop easily, and their daily lines are stable in consolidation, or some coins are performing even stronger than Ethereum, which indicates that the market is stabilizing later, and these coins will definitely rebound first.

Then it’s about looking at the coins that are worth buying the dip; those that are rising slowly don’t need to be rushed into buying, like pnut act neiro, which I discussed yesterday. After falling for so long, they can't just shoot up at once, they all need to test the market continuously to stabilize before they can rise. Those coins that haven’t really increased might rise first later, all waiting for the signals from the big players, with limited downside and unlimited upside.