Bitcoin gained a 0,30 % value during morning hours and is priced around $37.822. According to chain base and social metrics analytics platform Santiment, the crypto market has reached its highest transaction count since Jan. 24, with both over $100,000 and over $1 million. During this time, there has been an increase in whale activity after the Bitcoin price, which had pulled to lows, similarly bottomed out. In a tweet released Feb. 26, Santiment stated that last week there were more than 15,000 Bitcoin transactions worth over $100,000. During the same period, at least 4,500 transactions worth over $1 million were also recorded.

When we consider the BTC/USDT pair technically, BTC quickly recovered well from the $34,000 level but dropped at the weekend. As we mentioned in the daily bulletin on Friday, the rises in BTC without a clear reversal signal may continue to the $39,000-40,500 band. Still, this resistance zone must be broken upwards for the surge to be permanent. BTC, which remained weak in price movements near this region, experienced sharp decreases on Sunday. A pullback towards the $36,000 levels is expected.

Ethereum lost a 0,30% value during morning hours and is priced around $2608. About 200 days ago, burning processes started with EIP 1559 on the Ethereum network. Since then, 1,915,220 Ether has been burned, worth over $6.9 billion when calculated using today's prices.

When we consider the ETH/USDT pair technically, ETH, which had retreated to $2300, could not break the short-term resistance level at $2810-2836. So it plunged hard with sales pressure on Sunday. However, if it closes the day below $2564 on the 4-hour chart, it can retreat again towards $2300. In the upward direction, we will continue to follow $2810-2836.

AVAX lost a 2,70% value during morning hours and is priced around $73.55. When we consider the AVAX/USDT pair technically, AVAX, broke the blue-marked resistance zone, was priced above the 50MA level (78.88). AVAX retreated again to the blue zone during the general market fall. And this can a plunge to $67.5.

Ripple lost a 0,17% value during morning hours and the current price is $0,7193 When we consider the XRP/USDT pair technically, XRP had a descending triangle and reached the formation target last week. It gave most of its loss back when slightly rising. XRP closed the day below $ 0.7329 (50MA level) yesterday, is holding above the support level of $0.7121. The sell signal continues on the MACD in the daily chart. If a daily close occurs below the level of $ 0.7121, a plunge towards $0.64 can follow again.

LTC lost a 0,10% value during morning hours and is priced around $102.9. When we consider the LTC/USDT pair technically, LTC retested the $ 113.1 resistance level on Saturday. After facing resistance from this level, it broke the support level at $104.9. If this level is not broken to the upside again, the sales pressure will increase and the price movement towards the previous low level of $90 is expected to continue.

LINK lost a 0,60% value during morning hours and is priced around $13,55. When we consider the LINK/USDT pair technically, the weekly channel lower line, which has been in existence since July 27, 2020, has also been broken down. LINK has a head-and-shoulders formation in the daily chart and rose towards the neckline ($15.16). But along with the reactions, the price movement continues below the downtrend. For LINK, which has not yet received a clear reversal signal, it is better to follow the majors.

BAT lost a 0,10% value during morning hours, and is priced around $0,6678. When we consider the BAT/USDT pair technically, BAT continues price action below the downtrend on November 28. If the support area is lost to the downside, the plunge towards the $0.56 level might follow. In the case of surging, the $0.756 level (resistance level of the downtrend) must be broken to gain momentum.