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Cryptomarket Valuation and Opinion 12-27-21

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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