A quant has explained how the indicators like taker buy/sell ratio and Coinbase premium index can influence the price of Ethereum.

Ethereum’s Relationship With Taker Buy/Sell Ratio & Coinbase Premium Index

In a new CryptoQuant quicktake post, an analyst has discussed some metrics that could hold relevance for the ETH price. The first indicator of interest here is the “taker buy/sell ratio,” which tells us about the ratio between the Ethereum buy and sell orders in the market right now.

When this metric has a value greater than 1, it means that the taker buy volume is higher than the taker sell volume. Such a trend implies that the majority of the investors are bullish on the asset currently.

On the other hand, values below the threshold naturally imply the dominance of bearish …