Ether Buyer Aggression Surges as Traders Eye $2,600 Liquidity Gap

Ether (ETH) is experiencing a surge in bullish momentum as aggressive buying activity on Binance futures reaches a near two-month high. Cumulative net taker volume has climbed to $5.5 billion, representing a 72% increase from the $3.2 billion recorded earlier this month. This metric, which tracks the difference between market buy and sell orders, indicates that buyers are currently driving the price action. This trend reflects a sustained period of buyer dominance, with the 30-day average remaining positive since March 1. Market analysts suggest that buying spikes occurring near local highs signal strong conviction among participants, a setup that typically allows buyers to maintain control over short-term price direction. From a technical perspective, ETH is currently compressing under the $2,400 resistance level. This mark has been tested three times since February 6, and each rejection has served to reduce the density of overhead sell orders. A decisive move above this level is expected to expose a daily fair-value gap in the $2,475–$2,634 range, an area of unfilled orders from February's sell-off. Further support for the rally is found in the 100-day exponential moving average (EMA), which ETH is attempting to reclaim. Additionally, the 200-day EMA is drifting toward the upper end of the imbalance zone near $2,634, creating a technical overlap of liquidity. While the futures cumulative volume delta (CVD) continues to climb toward $12.6 billion, funding rates remain near neutral, suggesting that the current move is not yet over-leveraged.