The image compares the amount of Ethereum and Bitcoin being sent to trading platforms, which is a way to understand whether there is significant selling pressure on one of them. When traders send large amounts of Ethereum to the platforms compared to Bitcoin, it means they are preparing to sell, creating negative pressure on the price of Ethereum and weakening it against Bitcoin. The opposite is true; when the amount of Ethereum sent to the platforms decreases compared to Bitcoin, it means that investors are holding it and not planning to sell, which supports its price and makes it stronger... We observe from the chart that the periods when the ratio was low often coincided with good performance for Ethereum against Bitcoin, while the periods when the ratio increased saw a decline in the value of Ethereum. Currently, this ratio is at its lowest level in years, indicating that Ethereum is facing relatively low selling pressure, which could pave the way for an increase in its value against Bitcoin if this trend continues.
