Cryptomarket Valuation and Opinion 12-31-21

By xuanling11 | Crypto Learning | 1 Jan 2022


Market Data Highlights

Bitcoin opens at $47K. It hits lowest at $45K and highest at $48K and stable around $46K ~ $47K. The average transaction fee is $3.46 which is a 24.48% increase from 12-30-21. Fear and Greed level is at 21.

Ethereum opens at $3.7K. It hits lowest at $3.6K and highest at $3.8K and stable around $3.7K. The average transaction fee is $28.28 which is a 13.11% decrease from 12-30-21. Fear and Greed level is at 29.

Also, you can view my 1 min video summary if you want to skip the reading:

Here are some highlights to support my analysis: 

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Bitcoin Value =  $43k ~ $53k and my position is Long.

Ethereum Value = $3.7k ~ $4.5k and my position is Long.

        

NFT market highlights:

This year is a crypto-best year and it is definitely the NFT year as well! Hope next year will be a better year.

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Current News Summary:

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Today’s sentimental news and comments:

Bullish News 📈

Shiba goes to Doggy DAO and the community becomes a Defi-like voting community.

You may now go to a virtual party and celebrate the New Year in Metaverse Times Square.

The New NFT project is using raffles to create long-term utility. Similar to gambling tickets, it can fund more projects and reward less to people.

Bearish News 📉

Finally, a hacker successfully hacked Polygon and stole $2M worth of tokens.

Stablecoin will face bank regulations soon.

Future Trend 🚀

Airdrop used to encourage people to have tokens and use them, but nowadays it is all about rug pull newbies.

Korea will start taxing crypto gifts and inheritance in 2022. Crypto regulations are evolving faster.

Scam Alert ⚠️

Scam: $YEAR Token

Reason scam: scam token that rug pull people within 6 hours after releasing

Scam types: fake token, rug pull potential


Check out Cryptologist as a partnership publication.

Thanks for reading and see you tomorrow!

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Photo by Humphrey Jones-Behan 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 ⬇️⬇️:
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You can reference my previous monthly 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📉
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Cryptomarket Valuation and Opinion 12-06-21📈
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Cryptomarket Valuation and Opinion 12-08-21📉
Cryptomarket Valuation and Opinion 12-09-21📉
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Cryptomarket Valuation and Opinion 12-11-21📉
Cryptomarket Valuation and Opinion 12-12-21📉
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Cryptomarket Valuation and Opinion 12-20-21📉
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Cryptomarket Valuation and Opinion 12-22-21📉
Cryptomarket Valuation and Opinion 12-23-21📈
Cryptomarket Valuation and Opinion 12-24-21📈
Cryptomarket Valuation and Opinion 12-25-21📈
Cryptomarket Valuation and Opinion 12-26-21📈
Cryptomarket Valuation and Opinion 12-27-21📉
Cryptomarket Valuation and Opinion 12-28-21📉
Cryptomarket Valuation and Opinion 12-29-21📉
Cryptomarket Valuation and Opinion 12-30-21📉
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.

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