ETH Buy Pressure Hits $5.5B As Price Nears Key Breakout
Published on April 23, 2026.
Ether (ETH) futures on Binance have risen to a near two-month high as aggressive buyers enter the market. The 24-hour cumulative net taker volume reached $5.5 billion, a 72% increase from $3.2 billion earlier in the month, indicating who is driving price action. The 30-day average has remained positive since March 1, returning to levels last seen in July 2022. The ETH price is attempting to reclaim the 100-day exponential moving average (EMA), a level associated with trend-continuation phases, and the 200-day EMA is drifting toward the upper end of the imbalance zone near $2,634.
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