Traders say Ether Ready for ‘Upside Move’ as Long $2K ETH Price Holds
Cointelegraph
Analysts suggest Ether is nearing a potential trend reversal, provided the key $2,000 support level remains intact against downward pressure.Summary
Market data indicates a potential "regime shift" for Ether, with on-chain metrics showing a return of buying pressure in derivatives markets. Analysts highlight that net taker volume has turned positive for the first time since the previous bear market, supported by rising futures open interest and renewed inflows into spot Ether ETFs. However, experts warn that Ethereum must maintain its $2,000 support level to avoid a potential slide toward yearly lows.
(Source：Cointelegraph)