Ethereum opens at $2.7K. It hits lowest at $2.5K and highest at $2.8K and stable around $2.7K. The average transaction fee is $9.34 which is 7.89% decrease from 08-04-21. Fear and Greed level is at 57.
Here are some highlights to support my analysis:
As today, Ethereum Value = $1.7k ~ $2.5k and my position is Long.
Today鈥檚 sentimental news and comments:
Bullish News 馃搱
Ethereum feels the burn left and right. Pain in the short term but prosperity in the long term.
Of course, Vitalik Buterin is optimistic, it is called hardfork, there is no way back.
Bearish News 馃搲
The U.S. government wants to tax on Proof of Stake similar to stock dividends. Defi profits day is coming to an end. It is funny that Ethereum just did its hardfork to move to PoS. I guess the Congress is Bitcoin maximalists?
Also, if you have any suggestions, please do not hesitate to let me know!
Thanks for reading and see you tomorrow!