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Ethereum Price Forecast: Thomas Lee's bottom call aligns with taker buyers positioning
Ethereum buyers are beginning to regain strength following signs of recovery in Net Taker Volume on the crypto exchange Binance. The metric tracks the difference between buyers and sellers purchasing ETH using market orders. The volume has improved from a low of about -$500 million in October — which triggered heavy ETH distribution — to -$138 million. While it remains negative, the contraction in selling shows that taker buyers are returning, opening the door for an upward price growth, according to CryptoQuant contributor Maartunn in a Thursday note. Additionally, such a rise in the Net Taker Volume when prices ... (full story)
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