Bitcoin gained a 1,26% value during morning hours; the current price is $57.029. Glassnode's latest weekly on-chain report indicates that long-term Bitcoin (BTC) investors are at a several-year high and that the markets are not yet saturated with profits. According to the report of the data provider Glassnode on November 22, it seems that those long-term investors (LTH) are reducing their spending while continuing to increase their positions.

When we consider the BTC/USDT pair technically, Bitcoin continues to move within the ascending channel that exists as of July 20. As of the daily close, RSI shows a negative divergence. If it closes the day positively, there will be double bottom and RSI positive divergence, which may signal a reversal. If it resumes negativity, holding above the $54.000 (lower band) is important.

Ethereum gained a 2,28% value during morning hours, and the current price is $4177. Ethereum reserves continue their fall, which began earlier this year. The deceleration of ETH held on centralized exchanges indicated bullish sentiment among the digital asset's broad investor base. Despite the increase in the price of the asset in recent weeks and since then it has reached all-time highs, the ETH held on the exchanges has continued to fall.

When we consider the ETH/USDT pair technically, ETH had a cup-and-handle pattern in the weekly chart, as we mentioned in the bulletin yesterday, retested the $3980-4000 (upper line of the pattern) last week. ETH retreated towards the zone yesterday and found support. The outlook for ETH will remain positive unless we it the closes weekly below the $3980 level.

AVAX lost a 1,70% value during morning hours, and the current price is $132,18. When we consider the AVAX/USDT pair technically, AVAX, which stands out positively at the weekend, profited above the market average. AVAX, which continues to move in the ascending channel in August, rose to the level of $145 (upper band) for the second time yesterday, but failed to reach a new peak level. Although the positive outlook continues in the daily chart, the pullback levels seem right for the profit realization. The retracements should be followed around $108 (mid-range band).

Ripple gained a 1,50% value during morning hours, and the current price is $1,05. When we consider the BTC/USDT pair technically, Bitcoin continues to move within the ascending channel that exists as of September 21. Although there was an uptrend last week with support from $1.016 (lower band on Friday), the price movement remained limited. XRP, which retested the lower band again yesterday and this morning, has found support. If the daily close does not occur below the lower band, the technical outlook will remain positive.

LTC gained a 0,85% value during morning hours, and the current price is $211,3. When we consider the LTC/USDT pair technically, LTC, which continues to move within the ascending channel that exists as of July 21, retreated to the $205 level (50MA) yesterday. LTC found support at this level and started the day with slight rise. If it loses it, it can retreat to $181 (200MA) and lower band. It should hold above the 50MA.

LINK gained a 0,55% value during morning hours, and the current price is $26,93. When we consider the LINK/USDT pair technically, LINK retested the 50-MA level and retreated along with the resistance. The negative outlook on the metrics continues in the daily chart. The 200-day moving average ($26,48) should be followed in the short term when retreating, as mentioned in the bulletin yesterday. If LINK breaks the 200MA level on the daily close, the retracement can continue towards $24,5.

BAT gained a 0,45% value during morning hours, and the current price is $1,044. When we consider the BAT/USDT pair technically, BAT broke uptrend on 30 October and tested this trend on Friday but could not break it upwards. We expect BAT to retreat towards $0,9629 (Fibo'50), the important support level for BAT, which faced resistance this weekend after retesting.