The Taker Buy Sell Ratio chart for Ethereum on Binance indicates a significant trend reversal and a clear return of positive sentiment to the market. The metric’s rise to 0.998—its highest level since early August—immediately after the Fusaka network upgrade on December 3, 2025, signals aggressive buyer participation.

This rebound from the lows (0.945) shows that futures traders view the Fusaka update as a bullish catalyst and are actively accumulating long positions. Although the price is still hovering around $3,130, the acceleration of this ratio has outpaced the price itself, acting as a leading indicator.

A breakout above 1.0 would serve as the final confirmation of the end of November’s correction and the beginning of a move toward the $3,500 and $4,000 targets.

Written by CryptoOnchain