Market Data Highlights
Bitcoin opens at $57K. It hits lowest at $56K and highest at $59K and stable around $56K ~ $57K. The average transaction fee is $2.58 which is a 10.00% increase from 11-30-21. Fear and Greed level is at 34.
Ethereum opens at $4.6K. It hits lowest at $4.6K and highest at $4.7K and stable around $4.6K. The average transaction fee is $53.92 which is a 24.01% increase from 11-30-21. Fear and Greed level is at 46.
Also, you can view my 1 min video of summary if you want to skip the reading, don't forget to check "earning section" at the end of the article:
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 is slowing down. People are on the crypto market again. Institutional investors only focusing on cryptocurrencies now.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
Grayscale prepares to sue SEC over spot Bitcoin ETF as the crypto market stabilizes more than ever.
Fidelity Bitcoin spot ETF launched in Canada.
CashApp added Bitcoin Taproot support.
Bearish News 📉
El Salvador’s president asks the Fed to stop printing money. However, El Salvador may face an ever difficult economic crisis in the future without the helping from the Fed. What a celebrity president who runs the country like a TV show.
China Central Bank wants to control everything in crypto. The problem is all the information is open to the public.
Future Trend 🚀
Cardano has amazing technology and their blockchain data shows an amazing result. The problem is Ethereum can do the same thing.
Defi is missing out this time of the rally. Innovation is urgently needed to make Defi survive in the long term.
Cryptocurrencies are going mainstream as institutional inventors are adopting now.
Scam Alert ⚠️
Scam: WhatsApp Scam
Reason scam: pretend to be your family members and try to steal private information
Scam types: impersonate
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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 ⬇️⬇️:
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📈
Cryptomarket Valuation and Opinion 11-30-21📈
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.