1/2 In a bull market, when #Ethereum's open interest surpasses #BTC's, it’s a strong signal of a potential top for ETH and often the broader crypto market. The first chart illustrates this trend, highlighting the correlation between ETH's OI dominance and market peaks. We’re not there yet.
2/2 Spot retail trading frequency also spikes significantly at market cycle tops, reflecting heightened retail activity. The second chart shows this pattern, capturing the surge in trading volume during these periods. We’re still below those levels for now
Written by elcryptotavo
