Ethereum Technical & Sentimental Analysis 08-01-21

in CryptoDog • 3 years ago

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Ethereum opens at $2.4K. It hits lowest at $2.4K and highest at $2.6K and stable around $2.5K. The average transaction fee is $10.18 which is 46.09% increase from 07-31-21. Fear and Greed level is at 70.

Here are some highlights to support my analysis:
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As today, Ethereum Value = $1.7k ~ $2.5k and my position is Long.Today’s sentimental news and comments:

Bullish News 📈

EIP-1559 will finally activate which will make Ethereum better money. How? Through lower transaction costs.

Bearish News 📉

Regulation aims to BlockFi that crypto lending may have regulations to prevent profits from defi lending.

Also, if you have any suggestions, please do not hesitate to let me know!

Thanks for reading and see you tomorrow!

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#trading #analysis
3 years ago in CryptoDog by
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