🔗 Crypto & Blockchain

Ethereum Buyers Charge Back, Guarding $2K Like a Digital Alamo

Ethereum's asleep giant is stirring. On-chain metrics show buyers flooding back, turning $2K into an unbreakable fortress.

Ethereum ETH price chart with $2K support line and positive net taker volume indicator

⚡ Key Takeaways

  • Ethereum buyers dominate derivatives with positive net taker volume since March 6, hitting $140M peak. 𝕏
  • $2K support is critical—3.5M ETH bought there; break it risks 30% drop to $1,460. 𝕏
  • Spot ETFs saw $120M inflows, OI near ATH—signs of institutional return fueling potential upside. 𝕏
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Originally reported by Cointelegraph

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