Bitcoin lost 0,40% value during morning hours; the current price is $62.695.Bitcoin whales, defined as large investors holding more than 1000 BTC, continued to buy after the renewed rally of the cryptocurrency this year while fearing that inflation would get out of control. According to Chainalysis' report, Bitcoin whales accumulated 142,000 BTC last week, bringing their total assets closer to 200,000, the highest amount ever seen this year.

When we consider the BTC/USDT pair technically, Bitcoin, which continues to move within the ascending channel that exists as of July 20, has had a sideways trend for a week. Although there were sharp intraday pullbacks due to FED tension yesterday, Bitcoin wiped out its intraday losses after finding support at $60.236 (Fibo'78,60). Although there's no buy signal from DEMA and MACD, Bitcoin metrics support the rising trend.

Ethereum lost a 0,80% value during morning hours, and the current price is $4.574,50. According to a report by Arcane Research, despite complaints about high gas fees, Ether miners earned more than $3 billion from their Bitcoin counterparts in 2021. "Ether miners made $17 billion in 2021, while Bitcoin miners made $13.6 billion."

When we consider the ETH/USDT pair technically, ETH, which hit its new peak level of $4.665,87 yesterday, sets a journey to discover another peak. We think that the rises will continue towards  $6.000 level for ETH, which has a cup-and-handle pattern in the weekly chart. The short-term price target is $4.950 for ETH, which has a positive outlook on the metrics, and its medium-target level is $6000.

AVAX gained a 5,1% value during morning hours, and the current price is $79,70. When we consider the AVAX/USDT pair technically, AVAX, which broke the compression zone along with the above-volume transactions, as mentioned in the bulletin before, reached its target of $78,90 and refreshed its peak level. MACD proceeds to give a buy signal in the daily chart. We have entered the price discovery period for AVAX and we expect the rises to continue towards our next price target is $97.

Ripple gained a 2,0% value during morning hours, and the current price is $1,2178. When we consider the XRP/USDT pair technically, XRP broke the downward trend existing as of Oct. 10 and closed the day above this level. So XRP rose to our price target of $1,23, as it resolved sales pressure. Daily-metrics support the rise has not ended yet. Our another short-term price target is $1,41.

LTC lost a 1,5% value during morning hours; the current price is $204,2. When we consider the LTC/USDT pair technically, LTC, which moves in the ascending channel, broke the middle band of the channel ($206,5 level) and closed the day above this level. MACD gave a buy signal in the daily chart for LTC, which had retreated as of the candle opening. In our opinion, the uptrend has not yet ended, and it will continue towards $230-240, which coincides with the upper channel band of LTC.

LINK lost a 0,95% value during morning hours, and the current price is $31,78. When we consider the LINK/USDT pair technically, LINK, which moves in the ascending channel as of September 21, closed the day above the middle band of the channel for the last 3 days. Investors evaluated the buying opportunity, and intraday losses have gone even if Fed tension affected the market with pullbacks. Our next price target for LINK, which retreated to $31,45 (middle band of the channel) this morning, and found support from the same level is $36,33 (upper band).

BAT lost a 1,0% value during morning hours, and the current price is $0,9619. When we consider the BAT/USDT pair technically, BAT experienced a sharp price movement and a downward trend break. BAT had low volume and pullback, but now it could hold onto the $0,9643 (Fibo'50). If it closes the day below Fibo'50, it can retreat to $0,87.