Bitcoin is trading slightly over $ 35,300 this morning. Bitcoin's dominance was quantitatively at record levels with 72%, after a record of 42,000, and a return was expected. On top of that, we expect the Bitcoin dominance to drop back to 60% in the first place. For this reason, we deduce a period in which altcoins will stand out on the basis of yield. Bitcoin can also maintain its idle period during this period, and unless new and large corporate buyers arrive, horizontal movements in a wide range of 30-40 thousand can continue.

When we consider BTC / USD technically; We see that the Fibo, which is at the $ 35,300 level, has received support from the 38.2 retracement level and the oscillators have also returned from oversold at this point. For now, transactions are intense, with our horizontal band being $ 34,600-37,500. While news-based developments are needed for any breakouts, the outlook horizontal and horizontal trading strategy continues.

Ethereum broke the record $ 1420 after 1100 days yesterday, testing its new high of $ 1140, with a 16% increase overall. Ethereum, which retreated slightly after drawing a new record yesterday, is trading horizontally at $ 1360 this morning. With the Bitcoin dominance falling below 65%, it is heralding that the season of DeFi tokens using ETH and Ethereum consensus may begin. We think that the ETH-BTC shear broke 0.35 for the first time since 2018 and its potential could rise up to 0.50 if the movement starts. With the listing of Ethereum in CME on February 8, we can say that a new momentum may come to its movements, and with the inference of this, we expect the continuation of the current movement in ETH.

ETH / USD’yi teknik olarak ele aldığımızda; dört adet periyotta yükselen kanal hareketi fiyatlamalar sürüyor. Son iki gündür belirttiğimiz gibi 1440 $ seviyesi bu kanalın çıkış ve buradan gelen gelen teknik dönüş kanalın sağlıklı olduğunu gösterdi. 1320 $ ve 1280 $ seviyeleri kanal içeride diğer önemliimiz birlikte, 1320 $ seviyesinden fiyat gerilemesi tepki verdi. Görünüm yükseliş ve pozitif bu olduğu için geri çekilmeler alım tepkisi ile karşılaşıyor. Bu civa döneme dikkat etmekte fayda var.
 

The XRP / USD pair is pricing around $ 0.29, down 1% in the morning hours. Although there is no significant development on the Ripple side, the repeated accusations and regulatory demands of regulators and diplomats against cryptocurrencies are now scaring investors of cryptocurrencies, which have not yet faced a similar charge, rather than XRP. In the case, which will be a guide for the entire cryptocurrency community, rather than between the SEC and Ripple, the concern of what will happen to its investor rather than the decision and criminal proceedings on behalf of the Ripple company is preserved. Nevertheless, although the announcement of XRP as a security will be subject to taxes and sanctions under the relevant law in possible sanctions, XRP prices are priced according to the investor interest of other countries, especially Asia, since there is almost no platform left for US investors to trade.

Litecoin is priced around $ 153 this morning with a slight buyer. It basically supports the fact that it will join the Flare Network network and that the Wİmble Mimble update is expected in February. In addition, the high correlation with Bitcoin also created an expectation of movement in Litecoin. But the desired performance did not come in Litecoin. It is still 10% behind Bitcoin in terms of monthly return. There has been an increase in the number of active and new addresses in the last month.

When we consider the LTC / USD technically; Although the general outlook is horizontal, an upward channel has formed in the four-hour period. The channel subband is also crossing the Fibo'50 retracement zone of $ 148, and this morning we see LTC making an upward turn from exactly this point. Because if we look at the resistance points that can be tested; Fibo’s $ 157, which corresponds to the 61.8 correction zone, and the channel midband is $ 164. These levels have been tested for the last two days. The look is horizontal and positive.

The LINK / USD parity is priced around $ 20.00 with an increase of 1% in the morning. LINK retreated somewhat, accompanied by profit sales, after hitting an all-time high of $ 23.75 against the dollar. With the Bitcoin dominance falling to 64.9%, the situation seems very positive for Chainlink, which is at the top of the DeFi currencies and ranked first in the market value size of DeFi, when we received the signals of the altcoin season. With the Ethereum record breaking the previous day, Chainlink, which has many smart contracts using the network of Etherum, the strongest altcoin, may be one of the crypto currencies that will take the most share in the ETH-led rises.

When the LINK / USD parity is analyzed technically, it is seen that Chainlink, which exceeds 30% in weekly returns, has been in a horizontal course for the last few days. However, in monthly returns, we can see that ETH can go half as long and LINK's willingness to attack to close this shear. For price holding above the Fibo retracement coming to the $ 20.00 level, the lower $ 19.60 level is also working as support. For now, oscillators are also signaling a recovery from the bottom for the LINK / USD parity, which is priced between approximately $ 19.60 - $ 23.00 with sags. In Chainlink, which has a high return potential with the acceleration of the Altcoin season, we see that oscillators support the positive outlook and the trend has been on the rise as well as the trend for the last few days.

The BAT / USD parity is priced around $ 0.27 in the morning, with an increase of 0.7% on a daily basis. It has been one of the pairs that has made a very successful debut with the projects and updates it has been involved in in recent months. BAT, which is in the decentralized e-commerce and marketing field and puts privacy in the foreground, has performed well with the increasing interest in privacy coins after the Ripple lawsuit.

When we consider BAT / USD technically; Although the Fibo 78.60 correction and the $ 0.29 level, which is the upper band of the bullish channel, were tested, it could not be broken on the upside and profit sales were seen towards the middle band of the channel where the $ 0.026 level passed. Movements continue in the upward channel. However, as the trend and canal slope are close to horizontal, price developments and peak levels are tested less frequently.