Ethereum Buyers Dominate Like 2021: What's Next?

Ethereum buyers dominate like 2021, with the 14-day moving average of Ethereum's Taker Buy Sell Ratio on Binance surging to 1.036, its highest reading since April 2021. This indicates buyers are outpacing sellers at a rate the market has not seen in over four years.

Ethereum Price Action and Buying Pressure

Ethereum has fallen from a peak of $4,700 in October 2025 to its current level near $2,300, a decline of more than 50%. Yet, aggressive buying pressure on Binance has quietly reached a multi-year high. The Taker Buy Sell Ratio above 1 means market buy orders are actively outpacing market sell orders.

Market Dynamics and Smart Money

Buyer Aggression and Seller Control

The divergence highlighted by the CryptoQuant report is one of the more compelling setups in recent Ethereum data. A Taker Buy Sell Ratio above 1 means buyers are not waiting for sellers to come to them, they are hitting the ask. This aggression is reaching a four-year high while prices continue to decline.

• The buying intensity on Binance has increased rather than retreated as Ethereum has moved further from its October peak.
• This behavior does not typically come from retail participants reacting to price.
• It looks more like large entities deliberately absorbing available sell-side supply at a discount.

Ethereum's Short-Term Momentum and Resistance

Ethereum is approaching a critical resistance zone near $2,400 after recovering steadily from its February capitulation low around $1,800. The chart shows a clear shift in short-term structure: price has transitioned from a sequence of lower highs and lower lows into a pattern of higher lows.

Key Takeaways

• Ethereum buyers are dominating the market like in 2021, with a Taker Buy Sell Ratio of 1.036.
• The buying pressure is reaching a multi-year high, indicating smart money is using weakness as a buying opportunity.
• Ethereum's short-term momentum is improving, with a clear shift in structure and the 50-day moving average turning upward.
• The broader trend remains unresolved, with Ethereum still trading below both the 100-day and 200-day moving averages.

Frequently Asked Questions

What is the current Taker Buy Sell Ratio on Binance?

The current Taker Buy Sell Ratio on Binance is 1.036, its highest reading since April 2021.

What does the increase in buying pressure indicate?

The increase in buying pressure indicates that smart money is using weakness as a buying opportunity, rather than a reason to step back.