🟢This is the first time since the previous bear market that we are witnessing such a regime shift in Ethereum derivatives.
While it has remained negative most of the time since 2023, the Net Taker Volume on ETH is now positive.
–💡Net Taker Volume is an indicator used to assess whether buying or selling pressure dominates the derivatives order books. –
💥 Currently, the indicator shows that buying pressure is prevailing, with $104 million.
It is striking to see how strong the selling pressure on Ethereum has been even as it approaches new highs, but the regime now appears to be shifting.
With positive buying pressure on ETH, this could contribute to the formation of a stronger bottom.
→ If this dynamic persists and the spot market and ETFs begin to support the move, Ethereum could potentially restart a positive trend.
