@CryptoAustralia · Post #15559 · 01/30/2024, 01:35 PM
#STH-#NUPL has crossed above 0.25 for the first time since the Nov-2021 #ATH. This suggests both a degree of optimistic market sentiment is creeping in for #ETH but is also a level where markets tend to take a pause and digest profit taking distribution pressure. Historically, this type of sentiment shift for short-term holders has coincided with local peaks during a macro uptrend. By Crypto Australia