ETH flashes bullish signal not seen since 2022

A bullish signal for ETH not seen since 2022 has been detected on the Binance futures market, BeInCrypto reported. The 30-day average of the Binance ETH Taker Buy-Sell Ratio has risen to approximately 1.016, holding above one for several consecutive days. This suggests that market buy orders are outpacing sell orders. Analysts view the gradual nature of this increase as a healthier pattern than a sharp spike, as sudden surges tend to cause excessive leveraged positioning and cascading liquidations. However, a risk remains that a futures-driven rally unsupported by spot demand could lead to amplified volatility if positions are liquidated.