2025.1.2 Shrimp Brother Morning Report

After celebrating New Year's Day, the trend of the market is slowly improving. ETH has been steadily at 3300, and many altcoins have started to emerge from the bottom. Everything is preparing for a big bull market in the first quarter. After Musk changed the frog image, Pepe surged and then stabilized. The on-chain KM frogs have basically returned to zero, but the AI on the chain is reaching new highs day by day, like AI16Z, ELIZA, etc.

There are many ways of rotation, like now with the first and second levels also rotating. The last wave of market activity was focused on the first-level hotspots, with several gold dogs each day, pulling ACT, PNUT, and other tokens that brought all the second-level retail investors to the first level, and then starting to pull the second level. First, they boosted old coins like Doge, XRP, and HAMB. Now, it looks very similar to the last wave, with first-level AI booming. The second-level AI has shown some small movements today with tokens like ARKM, IO, TAO, but it is likely due to the previous significant drop. However, these will definitely rise, and many meme coins have also been washed out. Shrimp Brother is watching closely every day to see which ones start to move first.