Ethereum is on the cusp of experiencing a 'golden cross,' a favorable technical indicator often signaling an upward trend in an asset's value. This can be identified using the Net Unrealized Profit/Loss (NUPL), which provides valuable insights for investors.
As the price of Ethereum (ETH) changes, the NUPL value moves through a spectrum from deep red to blue, indicating different market phases and potential profit-taking windows. This tool, combined with other realized price metrics, helps predict Ethereum's market movements.
