ETH price indicator signals buying opportunity after three years of selling pressure

Ethereum’s net taker volume, reflecting aggressive buying interest, has shifted positively for the first time in three years. This significant uptick of 390 million USD since January highlights a market inflection, suggesting that a bullish trend could be developing.

Despite a negative cumulative delta indicating selling pressure, ETH’s price stabilizes above the 3,000 USD mark. This behavior suggests larger investors are absorbing sell-offs, potentially setting the stage for future growth within a range of 3,000 USD to 3,140 USD.

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