Ethereum

FOMC

Taker

<p><strong>Ethereum (ETH) traders are leaning long on Binance, according to CryptoQuant analyst Rei Researcher. The shift comes as ETH trades near $2,256 after failing to clear the $2,400 resistance area.</strong></p>
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 <div class="cn-block-summary__nav tabs"><span>Summary</span>
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   <li>Ethereum’s Binance Taker Buy Sell Ratio rose above 1, showing stronger aggressive buying activity.</li>
   <li>Open interest rose modestly, suggesting traders are adding longs without heavy leverage buildup.</li>
   <li>ETH must break $2,400 to target $2,600 to $2,700.</li>
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<p>CryptoQuant data <a href="https://cryptoquant.com/quicktake/69f2d3f448fcaa4937fb4ad5-ETH-Sentiment-Update-Binance" rel="noopener noreferrer nofollow">shows</a> Ethereum’s Taker Buy Sell Ratio on Binance is above 1. The metric also rose strongly through March and April 2026.</p>
<p>A reading above 1 shows stronger aggressive buying than selling. Rei Researcher said longs are now dominating short-term trading activity on Binance.</p>
<p>You might also like: <a href="https://crypto.news/bitcoin-faces-whale-selling-warning-as-binance-ratio-hits-ath/" rel="noopener noreferrer nofollow"> Bitcoin faces whale selling warning as Binance ratio hits ATH </a></p>
<h2 class="wp-block-heading" id="strong-open-interest-rises-at-slower-pace-strong"><strong>Open interest rises at slower pace</strong></h2>
<p><a href="https://crypto.news/heres-why-the-crypto-market-is-falling-today/" rel="noopener noreferrer nofollow">Ethereum</a> open interest has increased slightly after the recent bottom. The analyst said new leverage appears to be flowing mainly into long positions.</p>
<p>However, open interest has not returned to earlier highs. This suggests traders are building exposure carefully, rather than taking heavy risk.</p>
<p>According to crypto.news data, Ethereum traded at $2,256.40 at the time of reporting. The asset fell 2.84% in 24 hours and 3.72% over the past week.</p>
<p>Daan Crypto Trades said ETH has slowly <a href="https://x.com/DaanCrypto/status/2049516988167336426?s=20" rel="noopener noreferrer nofollow">moved</a> higher in recent weeks but is now meeting resistance near $2,400. He said a break above that area could open a move toward $2,600 to $2,700.</p>
<h2 class="wp-block-heading" id="strong-analysts-watch-support-and-fomc-risk-strong"><strong>Analysts watch support and FOMC risk</strong></h2>
<p>Daan also pointed to diagonal support below current prices. Bulls need to hold that level to maintain the recent short-term uptrend.</p>
<p>Michaël van de Poppe said Ethereum’s upward structure <a href="https://x.com/CryptoMichNL/status/2049470756367818894?s=20" rel="noopener noreferrer nofollow">remains</a> intact after several failed resistance tests. He said a breakout is “a matter of when” in his view.</p>
<p>Ted Pillows <a href="https://x.com/TedPillows/status/2049428975676768599?s=20" rel="noopener noreferrer nofollow">noted</a> that ETH has dropped 17% or more after each FOMC meeting since October 2025. Traders are watching whether that pattern repeats.</p>
<p>Away from price action, the Ethereum Foundation’s Q1 2026 grants <a href="https://crypto.news/ethereum-foundation-q1-2026-grants-double-down-on-zk-cryptography-and-core-protocol-infrastructure/" rel="noopener noreferrer nofollow">focused</a> on ZK research, core clients, validator security, and public-goods infrastructure.</p>
<p>Read more: <a href="https://crypto.news/heres-why-the-crypto-market-is-falling-today/" rel="noopener noreferrer nofollow"> Here’s why the crypto market is falling today </a></p>
<p>Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.</p>

Ethereum longs build on Binance as ETH battles $2.4K wall

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