Market Data Highlights
Bitcoin opens at $60K. It hits lowest at $58K and highest at $61K and stable around $59K ~ $60K. The average transaction fee is $2.61 which is a 6.12% decrease from 11-16-21. Fear and Greed level is at 52.
Ethereum opens at $4.2K. It hits lowest at $4.0K and highest at $4.2K and stable around $4.2K. The average transaction fee is $47.35 which is a 15.51% decrease from 11-16-21. Fear and Greed level is at 47.
Here are some highlights to support my analysis:
Bitcoin Value = $59k ~ $69k and my position is Long.
Ethereum Value = $4.0k ~ $5.0k and my position is Long.
NFT market highlights:
If NFT market is 1.0, Metaverse is NFT 2.0. At least, the market implies as Metaverse to NFT 2.0. Crypto has sold off but the NFT market is up which means Metaverse is what investors betting of the future now.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
The crypto market is all red but metaverse gaming tokens. It seems the market is betting on Metaverse’s future.
LA Stable Center changes its name to crypto.com.
Bearish News 📉
Taproot upgrades make the network more efficient. However, the market reaction is to sell. Investors may think it will take a while for Taproot to fully function and it bears a risk that if upgrade hits an error. So the market is red in this aspect is reasonable.
Future Trend 🚀
Binance issues a list of 10 fundamental crypto rights. Binance is facing regulation pressure. Such crypto rights may issue for institutional investors to reference only.
Polkadot social dominance is at a 2-month high while many altcoins fade.
Portal partners with Polygon to advance Defi on Bitcoin as Polygon hosts more than 400 Dapps now.
Scam Alert ⚠️
Scam: $BEND
Reason: spam ads all over the web, red flag on the token pre-sale
Scam types: spam ads
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📈
Cryptomarket Valuation and Opinion 11-08-21📈
Cryptomarket Valuation and Opinion 11-09-21📈
Cryptomarket Valuation and Opinion 11-10-21📉
Cryptomarket Valuation and Opinion 11-11-21📈
Cryptomarket Valuation and Opinion 11-12-21📉
Cryptomarket Valuation and Opinion 11-13-21📈
Cryptomarket Valuation and Opinion 11-14-21📈
Cryptomarket Valuation and Opinion 11-15-21📉
Cryptomarket Valuation and Opinion 11-16-21📉
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.
