--- title: "Ethereum's Buyer Strength Returns Amid Market Indicators" type: "News" locale: "en" url: "https://longbridge.com/en/news/281984790.md" description: "Ethereum's buyer strength is showing signs of resurgence, with on-chain data and derivatives market indicators suggesting a positive shift. Analysts emphasize the importance of maintaining the $2,000 support level. Ethereum's net taker volume has been positive, peaking at $140 million, and futures open interest is nearing historical highs. Spot ETF fund flows turned positive with a $120 million inflow. Analysts warn that if the $2,000 support is breached, Ethereum could drop to $1,750-$1,800, with a potential target of $1,460 if it falls further." datetime: "2026-04-08T06:14:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281984790.md) - [en](https://longbridge.com/en/news/281984790.md) - [zh-HK](https://longbridge.com/zh-HK/news/281984790.md) --- # Ethereum's Buyer Strength Returns Amid Market Indicators Ethereum's buyer strength is showing signs of resurgence, according to Cointelegraph. According to BlockBeats, on-chain data and derivatives market indicators suggest a positive shift, though analysts caution that maintaining the $2,000 support level is crucial. CryptoQuant data reveals that Ethereum's net taker volume has remained positive since March 6, peaking at $140 million on March 16 and currently standing at $104 million. This metric measures the imbalance between aggressive buyers and sellers in the derivatives market. CryptoQuant analyst Darkfost noted, "This is the first time since the last bear market that we've observed such a mechanism shift in the Ethereum derivatives market." He added that if this trend continues and the spot market along with ETFs follow suit, Ethereum could resume its upward trajectory. In terms of futures open interest, the current position is 6.4 million ETH, nearing the historical high of 7.8 million ETH set in July 2025, and has gradually increased from the low of 5 million ETH in October last year. Spot Ethereum ETF fund flows also turned positive on Monday, with a net inflow of $120 million, marking the highest single-day inflow since mid-March. On the price front, analyst Ted Pillows stated, "As long as the $2,000 support level holds, Ethereum is poised for another rally; however, if it falls below this level, a new low for the year could follow." Glassnode's cost basis distribution data shows that over 3.5 million ETH have a holding cost concentrated around $2,000. If this area is breached, the next support lies between $1,750 and $1,800, where approximately 1.36 million ETH were accumulated. Should the price fall further below these supports, the measured target of the symmetrical triangle points to $1,460, about 30% lower than the current price. ### Related Stocks - [EETH.US](https://longbridge.com/en/quote/EETH.US.md) - [ETHV.US](https://longbridge.com/en/quote/ETHV.US.md) - [ETHW.US](https://longbridge.com/en/quote/ETHW.US.md) - [AETH.US](https://longbridge.com/en/quote/AETH.US.md) - [ETH.US](https://longbridge.com/en/quote/ETH.US.md) - [FETH.US](https://longbridge.com/en/quote/FETH.US.md) - [COIN.US](https://longbridge.com/en/quote/COIN.US.md) - [ETHE.US](https://longbridge.com/en/quote/ETHE.US.md) - [ETHA.US](https://longbridge.com/en/quote/ETHA.US.md) - [EZET.US](https://longbridge.com/en/quote/EZET.US.md) - [IETH.US](https://longbridge.com/en/quote/IETH.US.md) - [CETH.US](https://longbridge.com/en/quote/CETH.US.md) - [EHCC.US](https://longbridge.com/en/quote/EHCC.US.md) - [BTF.US](https://longbridge.com/en/quote/BTF.US.md) - [QETH.US](https://longbridge.com/en/quote/QETH.US.md) - [ETHHKD.VAHK](https://longbridge.com/en/quote/ETHHKD.VAHK.md) - [ETHUSD.VAHK](https://longbridge.com/en/quote/ETHUSD.VAHK.md) ## Related News & Research - [Ether Machine and Dynamix mutually scrap SPAC merger, blame ‘unfavorable market conditions’](https://longbridge.com/en/news/282421753.md) - [Hyperbridge hack rocks Polkadot after 1B Fake DOT tokens minted](https://longbridge.com/en/news/282531383.md) - [Lido DAO to Host Community Call on on April 23rd](https://longbridge.com/en/news/282377054.md) - [Fake Cross-Chain Proof Exploit Hits Polkadot Bridged DOT on Ethereum as Attacker Mints 1 Billion Tokens and Dumps Market](https://longbridge.com/en/news/282521207.md) - [Bitmine Joins NYSE With $4 Billion Buyback But Stock Slips 2% On Debut Day](https://longbridge.com/en/news/282228592.md)