Ethereum Flashes Bullish Signal Not Seen Since 2022 on Binance Futures
BeInCrypto
Ethereum's Taker Buy-Sell ratio on Binance has turned bullish, indicating that market buy orders are outpacing sells for the first time since 2022.Summary
The Taker Buy-Sell ratio for Ethereum on Binance has climbed above 1, signaling that aggressive buyers are currently outpacing sellers in perpetual contract markets. CryptoQuant analyst Darkfost suggests this sustained shift represents a constructive trend for Ethereum, marking a development not observed since 2022. Because Binance accounts for a significant portion of global ETH open interest, this derivatives activity is a primary driver of price action. While the incremental rise of the ratio suggests a healthy market shift rather than overleveraging, experts caution that a rally driven primarily by futures remains vulnerable to volatility if spot demand does not follow.
(Source：BeInCrypto)