After the strong employment data received last week, we observed that the Fed broke the level of 40k dollars in BTC with the sales pressure on risky assets as a result of the expectations that it could implement a more aggressive monetary policy. While the inflation data, which is one of the parameters that form the basis of the Fed's monetary policies, pointed to a return from its historic summit the other day, it pointed to an 8.3% increase in US inflation on an annual basis, slightly above expectations. Although the data points to a decline, concerns about the sustainability of the deceleration in price rising and the fact that it was explained above expectations caused Bitcoin to break the level of psychological support at $30,000. At the same time, we observed the effort to find the support of over $30,000 with the purchase reaction after the opening of the US markets. On the other hand, the losses in USDT for the day caused an increase in sales pressure in the market.

Bitcoin lost a 6,23% value during morning hours and is priced around $27.263. When we consider the BTC/USDT pair technically, we see that the pricing is below the 8-20 day moving average and the technical indicators give a sales signal. We'll follow closures of over $30,000 to regain momentum for purchases.

With the effect of sales pressure experienced as a result of monetary tightening expectations and depreciation in USDT, we see that pricing in ETH is priced at the level of 1856 dollars with a depreciation of 10.71% as of morning time.
When we consider the ETH/USDT pair technically, we will closely monitor the 2160 level tested as of January 24 in response to purchases to be experienced. In the parity where we see that the downtrend still continues, the prices are below the 8-20 day moving average and MACD gives a sales signal.

As a result of the depreciation in USDT on Wednesday, we observed that AVAX sustains its negative divergence. The parity, which we see as a result of the announcement of the response plans to rescue Terra from Do Kwon, the CEO of Terraform Labs, who broke his silence, is priced at $27.36, with a 14.18% depreciation as of the morning hours.

When we examine it in technical terms, the level of 30.50 tested as of September 7 in the parity, which the sales pressure continues, is an important level of support, but future statements about Terra during the day will be important in terms of reaction purchases in parity. On the daily chart metrics where we see that the downtrend continues, there may be reaction purchases from the level of 30.50 dollars working as support before if there is a positive news flow, although the sales pressure continues.
 

Ripple lost a 15% value during morning hours and is priced around $0.3597. When we consider the XRP/USDT pair technically, we see that the level of 0.5090, which is the support level of the descending triangle formation appeared as of April 14, was broken due to the sales pressure at the beginning of the week. The technical indicators show a sales signal. If the pricing's previously tested 0.4220 support level is permanent, the next level we will follow stands out as the 0.3680 level. We believe that downward pricing will not be lost in the short term and the rise for XRP will continue in the short term.

LTC lost a 16% value during morning hours and is priced around $56.2. When we consider the LTC/USDT pair technically, there is no major news flow, when sales pressure in altcoins continue. We can see that purchase reaction appears if there is support above this level in the parity, where we see that pricing below 67.60, which has previously worked as a support level as of morning hours, is tested.

LINK lost a 16,80% value during morning hours and is priced around $5.92. When we consider the LINK/USDT parity technically, the downward trend since November continues and we see that sales have gained momentum since the beginning of the week. In the short term, the sales pressure, which came to the fore as of April, has deepened its sales since last week with the monetary tightening and its investment in secure assets. In the short term, if there is more than $7 support, the next support level of 5.95 can be followed if this level is broken in the parity, which we think that purchase reactions can appear.

BAT lost a 15,80% value during morning hours, and is priced around $0.3597. As of the beginning of April, we see that the downtrend continues, the prices in the parity are below the 8-20 day averages, but the technical indicators give a sales signal. In the parity where we see that the level of 0.45, which is the dip level in July, is broken downwards, we think that if the level of 0.3640 is broken upwards, the purchase reactions may appear.