Market Data Highlights
Bitcoin opens at $49K. It hits lowest at $47K and highest at $49K and stable around $48K ~ $49K. The average transaction fee is $3.59 which is a 44.75% increase from 12-04-21. Fear and Greed level is at 18.
Ethereum opens at $4.0K. It hits lowest at $4.0K and highest at $4.2K and stable around $4.0K. The average transaction fee is $47.62 which is a 0.00% increase from 12-04-21. Fear and Greed level is at 31.
Also, you can view my 1 min video summary if you want to skip the reading, don't forget to check the "earning section" at the end of the article:
Here are some highlights to support my analysis:
Bitcoin Value = $43k ~ $53k and my position is Long.
Ethereum Value = $3.7k ~ $4.5k and my position is Long.
NFT market highlights:
The NFT market recovers along with the crypto market. The road to recovery is steep. The downside of institutional adoption is that when it sold off, it is slow to recover back.
Current News Summary:
Today’s sentimental news and comments:
Bullish News 📈
Bitcoin lightning network nodes grow 23% within 3 months. The more nodes, the more traffic with a more secure network.
Bearish News 📉
Bitmart hacked and lost about $196M. Crypto exchanges continue facing challenges on hacking attacks.
Institutions took crypto profits amid a shaky macro picture. The crypto market is more mature yet influenced by institutional investors.
Future Trend 🚀
The traditional market faces another bigger challenge on Chinese real estate default. It may create a ripple effect on the crypto market.
dYdX breaks 45 transactions per second. Payment speed does matter.
Scam Alert ⚠️
Scam: Askara
Reason scam: Discord scam game, steal Minecraft account and tokens
Scam types: code embedded of stealing function, fake game
Check out Cryptologist as a partnership publication.
Thanks for reading and see you tomorrow!
Photo by Pixabay from Pexels
Note: Cross-references of this article has created by author and has cross-referenced on multiple platforms at here. You can also find individual link below ⬇️⬇️:
Should you have any questions or concerns, please reach out to me 👋 at social media here ⬇️⬇️:
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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 11-22-21📉
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📈
Cryptomarket Valuation and Opinion 12-01-21📉
Cryptomarket Valuation and Opinion 12-02-21📉
Cryptomarket Valuation and Opinion 12-03-21📉
Cryptomarket Valuation and Opinion 12-04-21📉
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.
