cryptoonchain

ETH ONCHAIN ANALYSIS: SOPR ANALYSIS

BINANCE:ETHUSDT   Ethereum / TetherUS
ONCHAIN analysis can be equated with fundamental analysis in the world of cryptocurrency.
SOPR is an Abbreviation of The Spent Output Profit Ratio (SOPR). it is computed by dividing the realized value (in USD) divided by the value at creation (USD) of a spent output. Or simply: price sold / price paid.
In fact, this index shows whether investors are in profit or in loss? See the link below for more information on SOPR:
Here we want to present the SOPR analysis of the ETHEREUM
ETH crossed the value 1 down (in the oscillator 0). This means that ETHEREUM investors are no longer profitable.
The oscillator, on the other hand, shows a downward trend. Based on this, it is likely that we will see a continuation of the downward trend to the point that the price is considered low enough for investors to enter the market for a long position.
ETHUSD ETHUSD ETHUSDT ETHUSD

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