ETH SELLERS ARE HITTING THE MARKET HARD. SO WHY IS PRICE STILL STANDING?
Ethereum’s Binance taker buy/sell ratio just fell to 0.81.
That means aggressive sell volume is running roughly 23% above aggressive buy volume.
Normally, you’d expect price to feel it.
Except underneath the chart:
• ETH ETFs have posted 12 straight inflow sessions • More than $1.5B has entered during the streak • ETH is still holding near $2.4K–$2.5K despite aggressive derivatives selling
What the chart isn’t telling you:
Someone is selling aggressively.
Someone else is absorbing it.
If the selling pressure normalizes while ETF demand stays alive, those sellers may have done the hard work for the next move up.
But if OI starts expanding while the imbalance persists and $2.3K gives way, the setup flips bearish fast.
The interesting part isn’t that ETH is holding. It’s what it’s holding against.
$BTC The weekly trend is still bearish, and the current move higher could simply be a retracement into the LH. The weekly structure does not turn bullish unless we get a meaningful break and weekly close above the LH.
This also does not eliminate the possibility of price dropping back toward 57.8K before attempting another move higher.
For me, the key is the weekly close above 82.85K. If that happens, we would have a Bullish CHoCH and a potential shift in the weekly structure.
On the other hand, a weekly close below 57.8K would give us a Bearish BOS and confirm continuation of the broader bearish structure.
So as long as price remains between 57.8K and 82.85K, there is still no confirmation either way. The weekly close is what matters.
$JCT Price broke the descending trendline and successfully retested it as support. Structure remains bullish, RSI holds above 50, and no bearish divergence so far. As long as price stays above the retest zone, continuation to the upside is favored.