Bitcoin lost a 3,20% value during morning hours; the current price is $48.994. When we consider the BTC/USDT pair technically, BTC, which broke the major downtrend corresponding to its peak level of $69,000 last week, had a reaction from the minor resistance level of $51,990. It retested the downtrend following the sharp sales along with the reaction. In the daily chart, the metrics continue to give a positive signal. The pullback may continue to the level of $47.000, which corresponds to the support level of the uptrend.

Ethereum lost a 3,25% value during morning hours, and the current price is $3909. When we consider the ETH/USDT pair technically, ETH broke the downtrend on December 1 and retested it this morning. If it closes the day below the zone marked with blue and the Fibo'61,80 level, the retracement may deepen to $3931.

AVAX lost a 3,60% value during morning hours, and the current price is $109,35. When we consider the AVAX/USDT pair technically, AVAX has been continuing its price movement within the ascending channel since August. AVAX faced a reaction from $117,22 (Fibo'78,60) and began to retreat. Today it is retesting the lower support level. If it closes the day above this support level, AVAX may have an upward price movement in line with the demand.

Ripple lost a 4,70% value during morning hours, and the current price is $0,8809. When we consider the XRP/USDT pair technically, XRP continues price action inside the ascending channel on September 7. It had sharply risen to the 50MA level after the breakout momentum. XRP retreated below the $0,9256 (200MA) level on Friday after reactions from the 50MA level. XRP tested the 200MA, but a breakout could not occur. Therefore, the sales reaction results in a retracement. Retracements for XRP may continue to the level of $0,84.

LTC lost a 4,90% value during morning hours; the current price is $148,8. When we consider the LTC/USDT pair technically, LTC found support from the zone marked with blue, breaking the major downtrend yesterday. But no momentum followed this. The negative outlook that has prevailed over the past few days continues today. LTC retreated to the support zone marked with blue, so $141-144,7 levels for accumulation are open. Daily closures below this zone may cause deeper corrections.

LINK lost a 4,90% value during morning hours, and the current price is $21,88. When we consider the LINK/USDT pair technically, LINK which continues price action inside the ascending channel as of July 2020. As we mentioned in the bulletin yesterday, we expected the rise would continue to $24,42, the resistance level (200MA). Yesterday it went up to $24,49 but retreated along with the reaction from the 200MA. The retracements may continue to the level of $20.88 for LINK, which had a sharp and short rally.

BAT lost a 6,50% value during morning hours, and the current price is $1,2839. When we consider the BAT/USDT pair technically, BAT had found support at the uptrend as of October 30 and surged last week. It also broke the 50MA and went up to the resistance level marked with blue. As mentioned in the daily bulletin yesterday, we do not expect sales pressure to decrease without a daily close to the blue zone. Yesterday, after the failed breakout attempt and the sales reaction, the closest major support level is now $1,2235 (50MA).