Bitcoin analysis- Bitcoin is moving with a gain close to 1% this morning. In addition to the declines in global indices, BTC demand for safe haven still continues. In yesterday's trading, the $ 13.395 level was in the resistance position and this point has been broken. However, after the resistance was broken, the volume of BTC contracts in the futures market rose to an 8-month high, with the volume falling in the spot. This volume difference diverging between spot and futures could be preliminary signals of a correction for spot BTC. Nevertheless, we will continue to maintain the positive course as we stay above 12,800.

When we consider BTCUSD technically, the minor uptrend formed in addition to the main trend in BTC, which is approaching the $ 14K levels with the break of the $ 13,395 level, continues to be current. The flag formation between $ 11,700-13,200 also gives positive signals for the continuation of the trend, while the $ 13,900 level is the top of June 26, 2019 and appears as a strong resistance. There is some loss of momentum in the MACD and momentum. Still, 13,375 and 12,750 are our main supports.

Ethereum analysis - Quantstamp says Ethereum 2.0 is ready for launch. The Ethereum community hopes that Ethereum 2.0 will be launched before the end of 2020. Contrary to the news that has been received so far, if the market starts pricing the expectation that the Ethereum 2.0 update will be completed, it may initiate a new uptrend. On the other hand, even though ETH lags slightly behind Bitcoin's yield, Bitcoin miners' income has increased by 22% in the last 24 hours. Hence the demand for the Ethereum network may increase. Nevertheless, DeFis may be left behind due to the market's risk-off mode.

When we consider ETH / USD technically, the decreasing trend that has occurred since the beginning of September is still up to date. In Ethereum, which continues within the bullish channel, the middle band of this channel at $ 392 also coincides with the Bollinger mid-band. The channel subband also crosses the $ 380 level. Therefore, as long as it does not fall behind the $ 392 level during the day, the movements can react to the $ 412 level where the descending channel passes.