Bitcoin & Ethereum Valuation and Opinion 08-29-21

Market Data Highlights

Bitcoins opens at $49K. It hits lowest at $47K and highest at $49K and stable around $48K ~ $49K. The average transaction fee is $2.36 which is a 3.17% decrease from 08-27-21. Fear and Greed level is at 73.

Ethereum opens at $3.2K. It hits lowest at $3.1K and highest at $3.2K and stable around $3.2K. The average transaction fee is $28.72 which is a 27.31% decrease from 08-27-21. Fear and Greed level is at 69.

Here are some highlights to support my analysis:

Bitcoin Value = $45k ~ $50k and my position is Long.

Ethereum Value = $2.7k ~ $3.2k and my position is Long.
Today’s sentimental news and comments:

Bullish News 📈

A luxurious Swiss Alps hotel now accepts Bitcoin and Ethereum payments.

Bitcoin ATM adoption rages in Central American countries.

A survey shows 76% of finance executives think physical money is nearing its end.

Bearish News 📉

El Salvador’s protest against Bitcoin and implementation of Bitcoin in the country hit the block.

Future Trend 🚀

Tom Brady joins the NFT universe as NFT market continues booming.

Tik Tok censoring crypto influencers will make the company lost its reputation.

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Thanks for reading and see you tomorrow!