Market Data Highlights
Bitcoins opens at $49K. It hits lowest at $47K and highest at $49K and stable around $48K ~ $49K. The average transaction fee is $2.36 which is a 3.17% decrease from 08-28-21. Fear and Greed level is at 73.
Ethereum opens at $3.2K. It hits lowest at $3.1K and highest at $3.2K and stable around $3.2K. The average transaction fee is $28.72 which is a 27.31% decrease from 08-28-21. Fear and Greed level is at 69.
Here are some highlights to support my analysis:
Bitcoin Value = $45k ~ $50k and my position is Long.
Ethereum Value = $2.7k ~ $3.2k and my position is Long.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
A luxurious Swiss Alps hotel now accepts Bitcoin and Ethereum payments.
Bitcoin ATM adoption rages in Central American countries.
A survey shows 76% of finance executives think physical money is nearing its end.
Bearish News 📉
El Salvador’s protest against Bitcoin and implementation of Bitcoin in the country hit the block.
Future Trend 🚀
Tom Brady joins the NFT universe as NFT market continues booming.
Tik Tok censoring crypto influencers will make the company lost its reputation.
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You can reference my previous monthly Bitcoin and Ethereum analysis here ⬇️⬇️:
Note:some links refer at the beginning of next month that include all previous month links of reports
💪💪 January 2021 Technical Analysis Summary 🚀🚀
💪💪 February 2021 Technical Analysis Summary 🚀🚀
💪💪 March 2021 Technical Analysis Summary 🚀🚀
💪💪 April 2021 Technical Analysis Summary 🚀🚀
💪💪 May 2021 Technical Analysis Summary 🚀🚀
💪💪 June 2021 Technical Analysis Summary 🚀🚀
💪💪 July 2021 Technical Analysis Summary 🚀🚀
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You can reference my previous daily Bitcoin & Ethereum analysis here ⬇️⬇️:
Bitcoin & Ethereum Valuation and Opinion 08-19-21📉
Bitcoin & Ethereum Valuation and Opinion 08-20-21📈
Bitcoin & Ethereum Valuation and Opinion 08-21-21📈
Bitcoin & Ethereum Valuation and Opinion 08-22-21📈
Bitcoin & Ethereum Valuation and Opinion 08-23-21📈
Bitcoin & Ethereum Valuation and Opinion 08-24-21📉
Bitcoin & Ethereum Valuation and Opinion 08-25-21📉
Bitcoin & Ethereum Valuation and Opinion 08-26-21📈
Bitcoin & Ethereum Valuation and Opinion 08-27-21📈
Bitcoin & Ethereum Valuation and Opinion 08-28-21📈
You can reference my Bitcoin methodology here and here.
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You can reference my previous daily Dogecoin analysis here ⬇️⬇️:
Doge Analysis 12-28-21📈
Doge Analysis 01-01-21📈
Doge Analysis 01-02-21📈
Doge Analysis 01-11-21📉
Doge Analysis 01-28-21📈
Doge Analysis 02-04-21📈
Doge Analysis 02-07-21📈
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Disclosure: I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose cryptocurrencies are mentioned in this article. This information is only for educational purposes.
