Market Data Highlights
Bitcoin opens at $50K. It hits lowest at $50K and highest at $52K and stable around $50K ~ $51K. The average transaction fee is $1.97 which is a 2.43% decrease from 12-26-21. Fear and Greed level is at 41.
Ethereum opens at $4.0K. It hits lowest at $4.0K and highest at $4.1K and stable around $4.0K. The average transaction fee is $17.44 which is a 9.59% decrease from 12-26-21. Fear and Greed level is at 45.
Also, you can view my 1 min video summary if you want to skip the reading:
Here are some highlights to support my analysis:
NFT market highlights:
The NFT market is down but the market is Santa rally now.
Today’s sentimental news and comments:
Bullish News ?
One of DAO wants to buy Blockbuster for $5M and put their movies in the Web3.
The era of competitive monies has begun.
Bearish News ?
When Billionaire FOMO, something is wrong with the existing system.
Future Trend ?
Cardano wants to fix Defi sector but their Defi standard may not be sufficient.
Bitcoin dominance rate approaches yearly lows as altcoins are rising.
Scam Alert ⚠️
Scam: MetaDao token
Reason scam: the token cannot be sold
Scam types: fake token, rug pull potential
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