Bitcoin and Ethereum are taking full control of the market and technical analysis shows altcoins intend to keep pace with the top 2 cryptocurrencies.

Bitcoin (BTC) is close to making a new all-time high and Ether (ETH) finally soared to hit a new high at $4,800. This pushed the total crypto market capitalization above $3 trillion for the first time ever on Nov. 8, according to data from CoinGecko.

Data from Santiment shows that Bitcoin whales holding between 10,000 BTC to 100,000 BTC in their wallets have been buying aggressively in the past few days. They have added 92,000 Bitcoin in the past 25 days, out of which roughly 43,000 have been purchased in the past five days.

Could the bullish trend in Bitcoin and Ether pull the other major coins higher? Let’s study the charts of the top 10 cryptocurrencies to find out.

Another important group that has been holding their stash is the Bitcoin miners. Data from CryptoQuant shows that barring a few exceptions, the outflows from miner wallets have largely remained flat in the past few months.

Bitcoin broke above the bullish flag pattern on Nov. 2, indicating the possible resumption of the uptrend. The bears repeatedly attempted to pull the price back inside the flag but could not break the support at the 20-day exponential moving average (EMA) ($61,400).