Ethereum Net Taker Volume Rises To Most Positive Level Since 2023 – Bullish Reversal Soon?
Ethereum
The price of Ethereum has been hovering around $2,000 for nearly a month, with the technical structure showing no clear path to recovery. According to the latest on-chain data, the “King of Altcoin” is witnessing a rare signal that could mean that it is at the beginning of a positive trend. ETH Net Taker Volume Suggests Potential Bullish Price Trend In an April 4 post on the social media platform, pseudonymous market analyst Darkfost revealed that the Ethereum derivatives market is experiencing a regime shift for the first time since the last bear phase. This market outlook revolves around the change in the Net Taker Volume metric in recent weeks
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