Ether’s Recent Price Drop: An Insight into Market Dynamics

Ether’s value fell below $3,000 early in August, and after a 13% decline, it now hovers around $2,600. Yet, recent data hints that this downward trend may be nearing its end. On August 19, Burak Kesmeci from CryptoQuant analyzed the situation. He highlighted two key on-chain metrics: the buy-sell ratio and open interest (OI), suggesting […]