Bitcoin lost a 0,42% value during morning hours; the current price is $38.533. On-chain data shows that the number of Bitcoin wallets with a non-zero balance has hit an all-time high of over 40 million. According to Glassnode's latest weekly report, those wallets have reached a new ATH of 40.16 million. On-chain data shows that the supply of Bitcoin on exchanges continues to decline despite the sharp drops in price, now hitting a year low of 13.27%.

When we consider the BTC/USDT pair technically, BTC continues price action below the downtrend on November 10. BTC, which retested this trend for the first time in a long time yesterday, saw a reaction at $39,300. Bullish movements may be permanent if this trend is broken and a daily close above $40,500 is achieved with the accompanying demand.

Ethereum lost a 0,70% value during morning hours, and the current price is $2738,98. When we consider the ETH/USDT pair technically, ETH, which had broken the $ 2546 level, which coincides with the Fibo'38.20 tranche, at the weekend, was retested in the past days and continues to rise with the support it found. We expect the $2778-2985 band to work as a resistance zone in ETH, which has risen by about 30 percent since the dip of January 24. As long as it is not persistent above $2985, a pullback can be seen in ETH.

AVAX lost a 0,30% value during morning hours, and the current price is $69,80. 
When we consider the AVAX/USDT pair technically, AVAX, which has risen to $76 after sharp decreases, is priced between Fibo'23.60 and Fibo'38.20. AVAX has an ascending wedge formation, there is price action close to the resistance levels of both the formation and the $75.50-79.80 zone. If those levels are broken upwards, a rise towards the $90 level can follow.

Ripple lost a 0,35% value during morning hours and the current price is $0,6230. When we consider the XRP/USDT pair technically, XRP continues price action below the downtrend on November 10 and between the 0,5182-$0,7121 band. The price action in the 4-hour chart hasn't shown a breakout of the sideways trend yet. An upwards break could trigger a rise towards the $0.7121 level.

LTC lost a 0,45% value during morning hours, and the current price is $110,6. When we consider the LTC/USDT pair technically, LTC had a sideways trend between $113,1 and $104,9. But yesterday, it broke the $113.1. This morning, there are retesting movements. So, a rise towards $122 can follow, as we mentioned in the daily newsletter yesterday.

LINK gained a 1,30% value during morning hours, and the current price is $17.41.
When we consider the LINK/USDT pair technically, LINK continues price action inside the ascending channel as of July 2020 in the weekly chart. Every price movement marked in blue is the support level demanded by the investors. In the 4-hour chart, the $16.80 level is read as an important short-term support level. As long as it persists above this level, upward movements towards the $19.50 level can be seen.

BAT lost a 0,75% value during morning hours, and the current price is $0,8496. When we consider the BAT/USDT pair technically, the outlook stays same. BAT, which has tested 5 times before and has broken the strong uptrend that has existed since June 2021 recently, is now retesting the trend. If BAT fails to break above the $0.8757 level, which coincides with the uptrend and is an important horizontal resistance level, a pullback towards the blue-marked support zone can follow.