BlockBeats News, January 2nd, CryptoOnchain posted data on social media indicating that the Taker Buy/Sell ratio for ETH on Binance has reached a 14-day moving average of 1.005, hitting a new high since July. A ratio above 1 suggests that the market’s active buying pressure has suppressed selling pressure. It is worth noting that this phenomenon has occurred during a period when ETH prices are still relatively sluggish. Historically, sustained Taker Buy dominance often precedes an increase in bullish volatility. If this level is maintained, it may support price recovery attempts, but further confirmation signals are needed.
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