Bitcoin, which gained about 0.50 percent in the morning hours, is priced at $ 50,372. Bitcoin (BTC) whales are playing the crypto market's latest downfall, "on the way to perfection," according to leading crypto analytics firm Santiment. The latest data shared by Santiment on Twitter shows that Bitcoin whales bought $3,405,790,900 worth of BTC during the last drop below $43.5k.

When we examine the BTC/USDT parity technically, as of November 10, the price movement of BTC continues under the descending trend, and the intersection of DEMAs in the daily period maintains the sell signal (7-day DEMA, below 14-day DEMA). There is a lack of momentum in the market, which was relieved by a few daily green candles that could be seen as a correction to the steep decline. In this case, withdrawals are expected to occur.

Ethereum, which gained about 0.10 percent in the morning hours, is priced at $ 4312. Three Arrows Capital has purchased 100,000 ETH worth nearly half a billion dollars, despite CEO Su Zhu's unwarranted claims regarding the cryptocurrency less than two weeks ago.

When we examine the ETH/USDT parity technically, ETH, which experienced price movement around its 50-day moving average yesterday, could not stay above the $4356 level, which corresponds to the 50-day moving average. Since the positive outlook is not dominant in Bitcoin, it should be taken into account that although the medium and long-term technical outlook remains positive, there may be retracements in short-term ETH.

AVAX, which gained value by approximately 0.50 percent in the morning hours, is priced at $89.01. When we examine the AVAX/USDT parity technically, AVAX, which continues its price movement within the ascending channel that existed as of August, retested the lower band of the channel with the pullback it experienced yesterday. With this pullback, if AVAX breaks its 50-day moving average downwards, if the daily closing is below the lower band of the channel, the pullbacks can continue towards the $75-76 band.

Ripple, which gained value by approximately 0.50 percent in the morning hours, is priced at $ 0.8114. When we consider the XRP/USDT parity in a technical sense, there is no recovery in XRP, which is dominated by the horizontal price movement after the sharp declines. As we mentioned in the bulletin yesterday, although there is no clear return signal yet, there is a bottom formation above the support level with the MACD, which is in the oversold region. There may be pullbacks towards the area marked in blue in XRP.

Losing value by about 0.40 percent in the morning hours, LTC is priced at $161.2. When we consider the LTC/USDT parity in a technical sense, it is seen that volatility decreased especially yesterday after the hard sales. Priced below $173, which coincides with its 200-day moving average, LTC may pull back towards the $140-144 band with the majors.

LINK, which gained about 3.30 percent in the morning hours, is priced at $21.85. When we examine the LINK/USDT parity technically, LINK, which continues its price movement within the rising channel that exists as of July 2020 in the weekly period, started to rise with the retest it put on the lower band of the channel on Monday. Although the technical outlook is positive in LINK, which diverged positively compared to the general market this morning, any sharp pullback in the majors may carry LINK back to the channel lower band.

BAT, which lost value by approximately 2.80 percent in the morning hours, is priced at $1,2879. When we consider the BAT/USDT parity in a technical sense, as we mentioned in the bulletin yesterday, if BAT, which is priced in the resistance zone marked with blue on the chart, can exceed this zone, it would be expected that the upward trend would continue. Having regressed again with the reaction it saw from this resistance zone yesterday, BAT has broken its rising trend downwards. The pullback may go a little deeper.