Ether Taker Volume Surges 72% as Traders Eye $2.6K Liquidity Gap

Ether (ETH) is experiencing a significant increase in buyer aggression, with net taker volume on Binance surging to $5.5 billion. This represents a 72% increase from the $3.2 billion recorded earlier this month, signaling strong conviction among market participants. The 30-day average for this metric has remained positive since March 1, returning to levels not seen since July 2022. This sustained demand suggests that buyers are currently maintaining control over the asset's short-term price direction. Technically, ETH is compressing under the $2,400 resistance level, which has been tested three times since February 6. A decisive move above this threshold would expose a daily fair-value gap in the $2,475–$2,634 range. This zone, created during February's sell-off, contains unfilled orders that the price may revisit to rebalance flows. Further supporting the bullish outlook, Ether is attempting to reclaim its 100-day exponential moving average (EMA). Additionally, the 200-day EMA is converging toward the upper end of the imbalance zone near $2,634, creating a technical overlap of liquidity. From a derivatives perspective, the futures cumulative volume delta (CVD) is climbing toward $12.6 billion. Because funding rates remain near neutral, the current momentum appears to be driven by genuine demand rather than an aggressive expansion of leverage, reducing the immediate risk of a leverage-induced flush.