Market Data Highlights
Bitcoin opens at $58K. It hits lowest at $55K and highest at $59K and stable around $56K ~ $57K. The average transaction fee is $2.15 which is a 9.89% increase from 11-29-21. Fear and Greed level is at 40.
Ethereum opens at $4.3K. It hits lowest at $4.3K and highest at $4.7K and stable around $4.7K. The average transaction fee is $43.48 which is a 0.51% increase from 11-29-21. Fear and Greed level is at 47.
Here are some highlights to support my analysis:
Bitcoin Value = $50k ~ $58k and my position is Long.
Ethereum Value = $3.9k ~ $4.8k and my position is Long.
NFT market highlights:
The NFT market slows down as the crypto market continues recovering. I think Ethereum's high gas fee will kill its future. And there is no solution for Ethereum to go down its gas price at this moment. Solana on the other hand may have a chance to replace Ethereum in the long term.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
Crypto.com makes institutional clients invest in crypto for free. What about individual investors? Hint: 2%-5% transaction fees.
Shiba is now listed on all the top 10 major crypto exchanges.
Vladimir Putin has lacked an understanding of crypto. That is a good thing for the future generation.
Bearish News 📉
South Korea pushes a crypto tax of 20% capital gain tax in 2023.
Future Trend 🚀
Solana has a great chance to replace Ethereum in the long run.
Gen Z is building the NFT community on Web3.
Crypto communities are funding the future of blockchain education.
Scam Alert ⚠️
Scam: $Altex altcoin scam
Reason scam: fake tokens and read to pull the rug
Scam types: fake coin, rug pull to investors
Check out Cryptologist as a partnership publication.
Thanks for reading and see you tomorrow!
Photo by Jessica Lynn Lewis from Pexels
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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 ⬇️⬇️:
Cryptomarket Valuation and Opinion 11-15-21📉
Cryptomarket Valuation and Opinion 11-16-21📉
Cryptomarket Valuation and Opinion 11-17-21📉
Cryptomarket Valuation and Opinion 11-18-21📉
Cryptomarket Valuation and Opinion 11-19-21📉
Cryptomarket Valuation and Opinion 11-20-21📈
Cryptomarket Valuation and Opinion 11-21-21📉
Cryptomarket Valuation and Opinion 11-22-21📉
Cryptomarket Valuation and Opinion 11-23-21📈
Cryptomarket Valuation and Opinion 11-24-21📈
Cryptomarket Valuation and Opinion 11-25-21📉
Cryptomarket Valuation and Opinion 11-26-21📉
Cryptomarket Valuation and Opinion 11-27-21📉
Cryptomarket Valuation and Opinion 11-28-21📈
Cryptomarket Valuation and Opinion 11-29-21📈
You can reference my Bitcoin methodology here and here.
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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.
