Bitcoin whales push ‘choreographed’ BTC price as Ether nears $2K

Bitcoin and Ethereum are both attempting to tackle major price boundaries, but suspicions over the cause of the rally remain.

of the order book with liquidity levels showed the spot price eating into a dense cloud of asks, potentially stranding latecomers choosing to go long BTC believing that the upside may continue.Others were more hopeful that $30,000 could see a genuine challenge after being absent from the chart for nearly a year.

Analyzing moves on ETH/USD, now at eight-month highs, trading suite DecenTrader noted that funding rates had already been hinting at the upside to come.

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