Ethereum (ETH) traded around $2,249 after buyers pushed the price higher and defended the $2,000 area. Recent market data suggests demand has started to improve.
Ethereum (ETH) Price
Analysts tracking derivatives activity said buyers are now leading the market. That shift has raised the idea of a possible change in trend.
Net taker volume has stayed positive since March 6. This metric tracks whether aggressive buyers or sellers are in control in derivatives trading.
One analyst, Darkfost, said buying pressure was still prevailing with net taker volume at $104 million. He said this was the first time since the last bear market that Ethereum derivatives had shown this kind of shift.
The same analyst said the setup could support a positive trend if it continues and spot demand also improves. That view was backed by rising futures activity.
Ethereum futures open interest climbed to 6.4 million ETH. That is close to the all-time high of 7.8 million ETH reached in July 2025.
Source: Coinglass
Open interest had fallen to 5 million ETH in October before recovering. The rebound shows derivatives markets remain active.
Spot Ether ETFs also showed a turn in demand. These funds recorded $120 million in net inflows on Monday, the highest daily total since mid-March.
That followed a short period of outflows. The fresh inflows suggest that US-based investors were buying again.
Ethereum also posted a short-term price gain above $2,250 before facing selling pressure. On the hourly chart, price broke above a contracting triangle resistance near $2,150 before easing back.
Analysts said Ethereum’s structure stays constructive as long as the $1,800 to $2,000 support zone holds. This area lines up with the 20-day EMA and the lower edge of a symmetrical triangle.
Ted Pillows said Ethereum could make another move higher if $2,000 holds. He also said losing that level could open the door to a new yearly low.
Cost basis data also points to the area around $2,000 as an important support zone. More than 3.5 million ETH were bought near that price.
Below that, another demand zone sits between $1,750 and $1,800, where 1.36 million ETH were acquired. If that area breaks, the triangle target is near $1,460.
A tweet from analyst Ali Charts added that Ethereum’s 0.80 MVRV band sits around $1,880. He said this level has historically been where seller exhaustion appears and stronger holders step in.
In the short term, support levels to watch are $2,220, $2,165, and $2,120. Immediate resistance stands near $2,250 and $2,275, with the latest move holding above the $2,200 area.
The post Ethereum (ETH) Price: Ethereum Pushes Higher as Buyers Take Back Control appeared first on CoinCentral.


