Ethereum Price Surge Looms as Taker Buy/Sell Ratio Indicates Bullish Momentum

On-chain analysis firm CryptoQuant has recently highlighted a significant metric for Ethereum (ETH) investors. The firm’s analyst shared a crucial insight on July 18th, emphasizing the importance of the Taker Buy/Sell Ratio for ETH markets. This metric indicates bullish sentiment with values above 1 and bearish pressure with values below 1, currently standing at 0.99.

Source: CoinOtag