Bitcoin price taps $71,000, with liquidity thin above the spot price and heavy clusters below, setting up a potential sweep of the highs before another dip.
Ethereum has failed to remain deflationary since the switch to Proof-of-Stake, as ETH's price has disappointed Ether investors, particularly against Bitcoin.
Ether's short liquidity may be the next target for bullish traders who have piled into fresh leveraged positions. Is $2,500 the next stop for ETH price?