While the risk perception in the markets is positive, we see that the volatility has decreased and the activity in the crypto money markets has also been horizontal. Trading volumes also fell to a three-month low. However, the amount of stablecoins that should be entered for the crypto money industry is quite slow in this sense. While there are uncertainties about the determination of the direction in the market, the lack of money inflow indicates that determining the direction is a waste of time and that the movements take place in a very horizontal order. Miners continue to accumulate in their wallets.

When we consider the BTC/USDT parity technically, the 7-day average started to cut the 30-day DEMA average in the direction of buy. If the daily close is realized from this side, it will be the first time to buy signal after a long time. The $35,900 level has become our main support, while the 38k region has become the main resistance. 

Ethereum, which is horizontal in the morning hours, is priced at $2649. According to the weekly report published by CoinShares, $ 46.8 million of the $ 74 million fund that entered the market by institutions last week belongs to Ethereum. At the same time, when we examine the chain data, the number of accounts holding more than 0.01 ETH balance reached an all-time high of 15.74 million. These data show us that both institutional and individual investors' interest in Ethereum continues.

When we examine the ETH/USDT parity technically, ETH, which has been in the rising trend since May 23, continues to be traded above its weekly average. We see it as an important resistance point since the $2750-2770 band, which coincides with the middle band of the Fibonacci retracement and also the monthly average, has been tested before but has not been able to persist at those levels. If this resistance level is broken to the upside, price action could accelerate towards the $3000 levels. Short-term buy and sell price movements can be used from support points, with the support point at $2575, which coincides with the weekly average.

AVAX is moving sideways this morning, priced at $17.70, which is close to yesterday's close. When we examine the AVAX/USDT parity technically, AVAX, which broke the falling minor trend upwards in the past days, is moving horizontally above the support level at $ 17 with the breakout. When we examine AVAX, which is stuck between the support at $17 and the resistance zone around $18.7, in the 4-hour period, we see that the stochastic crosses in the buy direction and the RSI is dominated by the uptrend. We think that if AVAX, which is suppressed by the stagnation in the market and negative news flows, can maintain the trend formed on both the price chart and the RSI, it will break the squeeze area upwards and reach its first target, the Fibo'38.20 slice level at $19. If there are pullbacks across the market, it will find support from the region at $15-15.5 of AVAX.

XRP, which fell by about 1 percent in the morning hours, is priced at $ 1.00. The SEC recently requested to see all of Ripple's documents with contracted and consulted places, and the request was denied by Judge Netburn for fair consideration. According to the statement made by Attorney James K. Filan, a response letter will be written by Ripple to the SEC regarding this issue today.

When we examine the XRP/USDT pair technically, we see that the 7-day DEMA cuts the 14-day DEMA upwards and gives a buy signal. XRP, which managed to hold on to the weekly DEMA, tested the monthly DEMA on June 1, but could not maintain these levels and we see that the $1.04-1.06 band is an important resistance point. Parabolic SAR supports XRP on the upside. We think that a short-term buy-sell strategy with purchases from the support levels in the $0.97-0.99 band would be appropriate.

LTC is priced at $184 this morning, close to yesterday's closing price. When we look at the chain data for LTC, the decrease in the number of active and new addresses continues. When we look at market chain metrics such as reserved risk in LTC and MVRV Z-Score, which we have seen that still have not fully attracted the attention of investors, there is a significant decline in metric scores, that is, the current price of LTC is at good levels for investors. We interpret the overall outlook for LTC as positive.

When we look at LTC/USDT technically, LTC, which broke the falling minor trend from May 18 and May 27 highs, is moving sideways after this breakout. Priced around $182, which is the 23.60% tranche of the Fibonacci retracement, LTC has now crossed this level to the upside again. When we examine it in the 4-hour period, there is an uptrend on the RSI and the important resistance level of the RSI 50, which is broken up. If LTC, which creates a minor trend, maintains this trend, we think that it will move towards $199, whose next target coincides with the major downtrend.

LINK is priced around $30.4 in its horizontal band this morning. When we look at the chain data for LINK, which is 42% below the peak level of $53, we see that the number of new and active addresses is slowly recovering. In the net coin flow to the exchanges, the exit from the exchanges continues on a 7-day average. Considering the general recovery in the market and LINK-specific metrics, the outlook is positive for LINK.

When we consider LINK/USDT technically, we see that the trendlessness is dominant in the price movement. There is no trend breakout that we can describe as strong in LINK, which has surpassed the minor descending trend formed as of May 18 to the upside. When we examine it in the 4-hour period, there is a minor ascending trend formation passing through the bottom levels of May 23 and May 30. On the other hand, there is a rising trend in the RSI, which started from the low level of May 23. Currently priced above the support level at $29.8, LINK is on the RSI and its next target is $34.6, which coincides with the major falling channel, unless the uptrend in the price is broken to the downside. If there is no negative news that will affect the market for LINK, we think that the upward movements will continue.

BAT is priced at $0.752, up about 0.6 percent this morning. When we consider the BAT/USDT parity technically, the price stuck between the falling channel lower band and the falling trend was broken up, but it was resisted at the level of $ 0.76, which is the Fibo'61.80 slice. With this resistance, BAT, which has regressed towards the minor rising trend it has just formed, seems to have started an upward movement to test the $0.76 band again. When we examined it in the 4-hour period, it crossed in the direction of stochastic buy. As long as the formed minor uptrend is maintained, we expect BAT to continue its upward movements and to see price movements towards $0.88, which coincides with the falling channel middle band level.