Ethereum to $4K now? THIS shows that sellers are backing off

Taker Buy Sell Ratio, observed using a 7-day simple moving average , was poised to cross above its 1-center line at press time, according to CryptoQuant’s data.ETH’s Taker Buy Sell Ratio measures the ratio between the coin’s buy and sell volumes in its Futures market.

As of this writing, ETH’s taker buy-sell ratio was 0.99, having climbed 3% since the beginning of the month., pseudonymous CryptoQuant analyst ShayanBTC noted that ETH’s Taker Buy Sell Ratio – According to the analyst, the ratio changed its course when the recent rally began and has since climbed with ETH’s price.

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