Ethereum opens at $2.2K. It hits lowest at $2.1K and highest at $2.3K and stable around $2.2K. The average transaction fee is $8.41 which is 21.88% increase from 07-28-21. Fear and Greed level is at 48.
Here are some highlights to support my analysis:
As today, Ethereum Value = $1.7k ~ $2.5k and my position is Long.Today’s sentimental news and comments:
Bullish News 📈
Cryptocurrency is gaining momentum with the population growing at 80% since the beginning of the year in 2021. It is definitely a trend for people to get involved and learn more about it.
Bearish News 📉
U.S. Congress commented DeFi is “financial 911”. There is a relatively strong opposition opinion about DeFi. Although the majority of DeFi projects are unsecured and unregulated, it creates a competition that impacts traditional financial markets. I think if DeFi works with regulators, we may enter another new era of finance.
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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