Bitcoin lost a 1,40% value during morning hours; the current price is $56.099. Bitcoin Lightning Network has recently reached an all-time high, showing how much it has grown since its conception. In addition, the current liquidity amount shows the importance of the network too. The 3,225 BTC currently on the network is a testament to its adoption over the past few months.

When we consider the BTC/USDT pair technically, Bitcoin continues to move within the ascending channel that exists as of July 20. Bitcoin, which recently broke the mid-range band downward, also broke its 50-MA downward yesterday. As we mentioned in the bulletin yesterday, it was important to hold above the 50-MA level daily close. Now it seems, the pullbacks may deepen towards the lower band.

Ethereum gained a 1,10% value during morning hours, and the current price is $4040. TIME Magazine will hold ether (ETH) on its balance sheet as part of a partnership with Galaxy Digital focused on metaverse. According to a press release on Thursday, Galaxy Interactive, the entertainment arm of Galaxy Digital, has signed a content sponsorship agreement with TIME Magazine. Together with the partnership, the magazine will launch a new version of the TIME100 companies, including the best global companies and entrepreneurs in the field of the metaverse.

When we consider the ETH/USDT pair technically, ETH, retreated to the $4060-3940 major support level marked with blue, is priced around this zone. ETH also broke the 50MA ($4078) downward. If ETH loses the blue zone and pullbacks deepen, the $3650-3700 band should be followed.

AVAX gained a 0,75% value during morning hours, and the current price is $98,79. When we consider the AVAX/USDT pair technically, AVAX, which stands out positively, closed the day below the mid-range band yesterday. MACD still gives a buy signal in the daily chart, DEMA 7-14 intersection too. 
The outlook is positive, but if it continues to drop, AVAX can end its positive divergence.

Ripple lost a 0,3% value during morning hours, and the current price is $1,0375. When we consider the XRP/USDT pair technically, XRP moves in the ascending channel as of September 21, broke the lower band ($1,065) and closed the day below this level. There is no question of a recovery in the technical outlook and short-term metrics. The pullbacks toward $0,98 may continue in the short term.

LTC gained a 0,50% value during morning hours, and the current price is $205,1. When we consider the LTC/USDT pair technically, LTC, which continues to move within the ascending channel that exists as of July 21, has recently broken the mid-range band. LTC broke the $222,2 level (Fibo'61,80) downward and found support at $200,9 (50-MA) and closed the day above this level. If it loses this level of Fibo'50, LTC can retreat its 200-MA ($182,9).

LINK gained a 0,80% value during morning hours, and the current price is $26,71. When we consider the LINK/USDT pair, technically, LINK broke the uptrend on September 21. LINK lost a %9 value and broke the $26,76 level (200-MA) downward. For LINK, which rises above this level again in the morning, it is important to be up 200-MA. There is no recovery in daily and short-term metrics.

BAT gained a 0,75% value during morning hours, and the current price is $0,9842. When we consider the BAT/USDT pair technically, BAT broke the uptrend as of October 30 and retreated to $0,9629 (Fibo'50). As we mentioned in the bulletin yesterday, if it loses the $0,9629 level, the 50-MA level ($0,8638) can be followed.