Ethereum’s on-chain metrics are troubled but ETH can go up high only if…

The crypto market has had quite a rough ride of late. The king altcoin Ethereum in the last 24 hours tanked by 3.54%. It followed BTC’s movement closely as ETH’s correlation to the king coin stood at 0.91.

The last 24 hours have been crucial for Ethereum as the bears gained momentum. On 20 May, the volume of the Ethereum network also fell drastically over the last day by a massive 19.5%. Undoubtedly, these are worrying signals for the Ethereum ecosystem and the crypto community at…


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