In BTC, where we saw that the effort to find support from $ 28,600 continued the other day, the pricing continues to be below $ 30,000 as of the morning hours. In the minutes released by the Fed in the evening, it was stated that inflation has become a threat to economic performance, while it was emphasized that the ongoing global supply problems, the Russia-Ukraine war and the coronavirus quarantines in China pose inflationary risks. At the next few meetings, it was decided that a 50 basis point increase in the target range would be appropriate. While the sale of risky assets continued with the effect of global recession concerns, JP Morgan said the other day that after the decline in crypto assets, the fair price was 28% above the current level.

Today, we see that Bitcoin, which has gained 1% as of the morning hours, is priced at $ 29,838. The critical support for BTC/USDT appears to be the 28,600 level. This level is the lower band of the 50-week rectangular formation. As can be seen on the chart, it is very important that this level is not lost in the weekly candles. Breaking above the $30,700 levels on the daily chart will break the tightened rectangular pattern to the upside.

In ETH, which is trying to find support from the $ 2000 level the other day, the prices are below the $ 2000 level again as of the morning hours.
Further tightening messages from Fed members are limiting the recovery in risky assets.

Today, we see that the ETH/USDT pair, which has gained 0.05% as of the morning hours, is priced at 1943 USD. Technically, we can say that it has found support from the lower band of the 50-week rectangular formation, the 1750-1800 levels. If the $2085 levels are breached, the stuck rectangular pattern will be broken.

AVAX, which gained 0.07% as of the morning hours, is priced at $ 27.27. We will be watching the return of the AVAX price from the $25 level, which is the bottom of the ascending channel on the weekly chart.

XRP, which has lost 0.78% of its value as of the morning hours, is priced at $ 0.4074. When we look at the 4-hour chart of the XRP/USDT pair in technical terms, the descending triangle pattern is noticeable. We will be monitoring whether the lower band of the formation, the 0.4 level, can be maintained.

LTC is priced at $67.8, down 0.59% as of the morning hours. When you look at the 4-hour chart, after the decline, we will be following the rising channel at the bottom.

LINK, which has lost 1.44% of its value as of the morning hours, is priced at $ 6.87. When we look at the LINK/USDT pair from a technical point of view, we will be watching whether the lower band of the falling triangle pattern seen on the 4-hour chart, the 6.64 level, is maintained.

BAT is priced at $0.3902, down 1.27% as of morning hours. For those looking for intraday trading, there is a small TOBO-like formation on the 1-hour chart. If the 0.3982 level is broken, 0.42 levels can be targeted.