Whales strategy to grind horizzontally through resistance?

٢٨ يونيو ٢٠٢١

I think Whales trying to squeeze shorts horizontally and trying to push through resistance whit limit orders on support levels. This strategy is the same which pushed btc over the resistance on JUN 26. Once shorts are met and liquidated, whales slowly push up until new shorts are met, then start to liquidate those. In the meantime try to build up momentum reversing hourly MACD. Eth momentum have possibly an effect on keeping the hype up and push btc price up.