Historical Crossover Suggests Ethereum (ETH) Top Is In
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On-chain data shows the Ethereum taker buy/sell ratio has formed a crossover recently that has historically signaled tops in the asset’s price. Ethereum Taker Buy/Sell Ratio 280-Day and 476-Day MAs Have Crossed Recently As pointed out by an analyst in a CryptoQuant post, the last time this crossover formed was back in May 2021, when ETH observed the bull rally top formation. The relevant indicator here is the “Ethereum taker buy sell ratio,” which measures the ratio between the taker buy volume and the taker sell volume. When the value of this metric is lower than 1, it means the