Rare Signal Hints At Ethereum Trend Reversal

Source: CoinTribune Original Title: Rare Signal Hints At Ethereum Trend Reversal Original Link: https://www.cointribune.com/en/rare-signal-hints-at-ethereum-trend-reversal/ After three years under the yoke of sellers, Ethereum finally sends an unexpected signal. The “net taker volume” turns green again for the first time since January 2023, revealing a possible trend reversal. This sudden change in trader behavior on futures contracts intrigues analysts. Should we see it as the beginnings of a bullish recovery for the second largest crypto in the market?

Ethereum stands at the entrance of a dark tunnel. Behind it, the darkness symbolizes three years of pressure. Ahead, a clear and directional bullish light appears.

In brief

  • A rarely observed indicator, net taker volume, turns positive again on Ethereum, a first since January 2023.
  • This signal reflects aggressive buying pressure on derivative markets, after three years of seller domination.
  • The imbalance reaches about 390 million dollars, suggesting renewed institutional interest in ETH.
  • Ethereum price oscillates around a strategic control zone between $3,050 and $3,140, with critical support at $3,000.

Buyers Take the Initiative on Derivative Markets

On January 6, a rarely seen signal since 2021 emerged on Ethereum futures markets: net taker volume is positive again, showing an imbalance of about 390 million dollars.

Such a value marks an unprecedented peak since January 2023. It indicates that buyers are taking the lead, after a long period where sellers dominated the market dynamics.

Here are the main elements that make this reversal notable:

  • Net taker volume measures the gap between market buy orders (aggressive) and sell orders, reflecting traders’ directional appetite on derivatives;
  • Since 2021, Ethereum has evolved under prolonged seller dominance on these markets, making this behavior change particularly significant;
  • The magnitude of the observed imbalance, 390 million dollars, reflects a return of bullish conviction among some institutional players;
  • Previous net taker volume reversals have often been followed by periods of stabilization or prolonged recoveries of the ETH price.

This development marks a break in operator behavior on derivative products, until now dominated by a cautious stance. Market attention now turns to Ethereum’s ability to confirm this momentum with sustained movements on the spot market.

A Strategic Positioning Around the $3,100 Control Zone

Beyond the derived signal, other data enrich the technical analysis around Ethereum. The token price oscillates around a high activity zone located between $3,050 and $3,140, identified as the Value Area High on volume profile tools.

Indeed, this zone currently concentrates traders’ interest and represents a technical control threshold on which the market could build its next impulse. Defending the $3,000 support is also essential.

At the same time, liquidation data reveal a significant concentration of long positions around $3,100, with about $540 million of liquidity positioned.

On the other side, nearly $500 million are situated below the $3,000 support, indicating that the market is technically balanced between short-term bullish and bearish pressures. The current structure suggests that any sharp price movement could trigger liquidation cascades, amplifying volatility in both directions.

ETH-0,79%
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