ETH buyers outpace sellers to 4-year high; price nears $2,400
Binance buyers turn aggressive on Ethereum while price stalls below resistance. A key flow metric just hit a 4‑year high.
Binance taker buy ratio for Ethereum jumps to 1.036, a 4‑year high, as price tests $2,400
The 14‑day moving average of ETH’s Taker Buy Sell Ratio on Binance rose to 1.036. That’s the highest since April 2021, meaning market buys are outpacing market sells at multi‑year levels (CryptoQuant quicktake).
Price is still down over 50% from the October 2025 peak of $4,700 to about $2,300 now. That creates a divergence: rising buy intensity versus falling price (ETHUSDT chart image; NewsBTC on market divergence).
Short‑term structure improved. ETH printed higher lows off the February capitulation near $1,800 and now presses the $2,300–$2,400 resistance band (chart).
The 50‑day MA turned up and acts as support. But ETH remains below the 100‑ and 200‑day MAs, which still slope down — overhead resistance persists (chart).
Volume is muted versus the February spike. That points to controlled accumulation, not chasey inflows (chart).
What to watch:
- A clean break and hold above $2,300–$2,400 could open $2,700–$2,900 (chart).
- A rejection likely extends the $2,000–$2,400 range (chart).
Core data point: Binance taker buy ratio at 1.036, highest since April 2021, during a >50% drawdown — an inflection signal to track (CryptoQuant quicktake).
