Ethereum Net Taker Volume Rises To Most Positive Level Since 2023 – Bullish Reversal Soon?

Ethereum's Net Taker Volume has turned positive for the first time since 2023, reaching over $104 million in buying pressure according to derivatives market data. Despite ETH trading around $2,000 for nearly a month and ETFs experiencing negative outflows, this metric shift suggests potential bullish momentum ahead.

• →Ethereum's Net Taker Volume turned positive for the first time in three years, indicating buying volume exceeds selling volume by over $104 million.
• →The metric shift represents a potential regime change in Ethereum derivatives markets after prolonged selling pressure.
• →US Ethereum ETFs recorded $42.15 million in outflows last week, marking the third consecutive week of negative flows.
• →ETH price remains around $2,000 level with technical structure showing no clear recovery path yet.
• →Analyst suggests sustained buying pressure could form a strong bottom and foundation for bullish market structure.