Though the reward ratio dropped, a key indicator suggested that ETH could rally above $4,700.At press time, ETH’s price was $3,874. According to data from IntoTheBlock, the exchange inflow was as high as 140,660 on the 25th of May.
The approval of the Ethereum spot ETFs fueled this hike. But the asset was not trading live yet. However, many opinions suggested that ETH’s priceIf selling does not stop by that time, this prediction could slip away from the heavyweight in the short term. To assess this, AMBCrypto looked at Ethereum’s Sharpe Ratio.
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