In global markets, risk appetite increased after the number of cases in China fell to the lowest level in three months and restrictions were relaxed in Beijing and Shanghai. While the US 10-year bond yield declined after the news, the dollar index also fell. With this optimism, we see that reaction purchases in crypto assets come to the fore on the first day of the week.

Bitcoin is trading at $30,300 levels, up 2.78% as of morning today. After the general decline last week, we see that Bitcoin, which increased for the 3rd day in a row as of the weekend, broke the falling triangle pattern upwards on the daily chart. Volume closes above the $30,000 level could also herald an upward trend.

In ETH, which closed the last week with a seller, we see that the week started with reaction purchases after the increase in risk appetite in global markets. While global markets are finding support from COVID-19 developments in China, the non-farm payrolls data to be released from the US this week will be important in terms of recession pricing.

Today in the morning hours, we see that ETH is priced at $ 1875 with an increase of 3.45%. We can say that it has found support from the lower band of the 50-week rectangular pattern at the 1750-1800 levels. In technical terms, we see that the rising triangle pattern on the hourly chart has broken out of the 1830 levels.
 

AVAX, which is up 2.71% as of the morning hours, is priced at 26.85. AVAX, which found support at the $22 levels after last week's decline, is in the ascending channel pattern on the hourly chart and we will be following the breakout of the 26.80 levels for the upside breakout.

XRP, which increased by 2.24% in the morning, is priced at 0.3980. When we examine the 4-hour chart; We can say that the falling triangle pattern continues, and that closes above 0.41 levels are required for upward breakdowns.

LTC is trading at $65.8, up 3.46% as of morning hours. Looking at the hourly chart, we can say that the ascending triangle pattern has broken upwards and the next critical level is the $68 band.

LINK, which increased by 5.07% as of the morning hours, is priced at $ 7.05. When we look at the hourly chart, we see the upward breakdown of the falling triangle pattern. We can say that the next target level is the closures above 7.10.

BAT is trading at $0.3826, up 2.77% as of morning hours. When we look at the hourly chart, we see that the ascending triangle pattern is breaking upwards. We can say that the next critical level is 0.39.