Market Data Highlights
Bitcoins opens at $62K. It hits lowest at $62K and highest at $66K and stable around $65K ~ $66K. The average transaction fee is $2.69 which is a 3.24% decrease from 11-07-21. Fear and Greed level is at 75.
Ethereum opens at $4.6K. It hits lowest at $4.5K and highest at $4.7K and stable around $4.6K. The average transaction fee is $36.52 which is a 11.89% decrease from 11-07-21. Fear and Greed level is at 71.
Here are some highlights to support my analysis:
Bitcoin Value = $59k ~ $68k and my position is Long.
Ethereum Value = $3.9k ~ $5.0k and my position is Long.
NFT market highlights:
The NFT market slow down as expected with Ethereum price continue leading up the market. Interestingly, the gas fee goes down significantly. Partly may be due to Ethereum 2.0 upgrade and slower NFT market trading.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
Zimbabwe thinks about legalizing Bitcoin.
Bearish News 📉
FBI warns of the rise in crypto ATM/QR scams.
Top executives from Coinbase and Microstrategy dumps their own stocks as Bitcoin raise up. What an insider trade and a way to make profits from both sides.
China is building a government affairs blockchain platform on the blockchain. The Chinese government still doesn’t get what truly the blockchain means.
Future Trend 🚀
Brave browser to integrate with Solana dApps.
Decentralized home-sharing platform Dtravel is now live for bookings.
Scam Alert ⚠️
Scam: DeFi Warrior (https://defiwarrior.io/)
Reason: red flag on the whitepaper, only 2021 roadmap, copy and screenshot of images from other projects, lure invitation on multiple social platforms for fake airdrops.
Scam types: fake airdrops, rug pull potential, no vision, the whitepaper is a copycat
Join my newsletter for daily articles updates and if you want to support my works to subscribe exclusive researches on crypto projects. I created a scam alert channel in noise.cash here and you can check out my channel here.
Thanks for reading and see you tomorrow!
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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 🚀🚀
💪💪 August 2021 Technical Analysis Summary 🚀🚀
💪💪 September 2021 Technical Analysis Summary 🚀🚀
💪💪 October 2021 Technical Analysis Summary 🚀🚀
💪💪 November 2021 Technical Analysis Summary 🚀🚀
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You can reference my previous daily Bitcoin & Ethereum analysis here ⬇️⬇️:
Bitcoin & Ethereum Valuation and Opinion 10-28-21📉
Bitcoin & Ethereum Valuation and Opinion 10-29-21📈
Bitcoin & Ethereum Valuation and Opinion 10-30-21📈
Bitcoin & Ethereum Valuation and Opinion 10-31-21📉
Cryptomarket Valuation and Opinion 11-01-21📈
Cryptomarket Valuation and Opinion 11-02-21📉
Cryptomarket Valuation and Opinion 11-03-21📈
Cryptomarket Valuation and Opinion 11-04-21📉
Cryptomarket Valuation and Opinion 11-05-21📉
Cryptomarket Valuation and Opinion 11-06-21📈
Cryptomarket Valuation and Opinion 11-07-21📈
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: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.
