BTC Holds Support and Shoots Above $61.5k

BTC 4 hour candle chart, approximately 10:15am ET, 10/28/21.

BTC is attempting to maintain a price point of over $61,000 after rallying from around $58-59,000. The MFI is trending upwards on the 4-hour time frame while the MACD is remaining fairly neutral.

ETH 4 hour chart, approximately 10:35am ET, 10/28/21.

Ethereum is continuing to consolidate in the range of $4,000 to around $4,250 currently. The MFI is trending upwards while the MACD is preparing to swing upwards as well if buy pressure remains strong in the short term.

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Bitcoin miners appear to be stockpiling their earnings