Ethereum is flashing a bullish divergence as taker buy pressure surges above 1, while the token holds firm inside a key $2,100-$2,200 demand zone. The 14-day SMA of the taker buy/sell ratio has climbed above 1.03, a sign that buy orders are now dominating sell orders.
That has put the $2,650 level back at the center of the ethereum price debate, because a breakout there could accelerate momentum and reopen a path toward $3,000. Over the past weeks, ETH has moved sideways even as it remains significantly below its previous highs, with active addresses and network growth no longer falling and instead moving sideways.
Shubham Vishwakarma said Ethereum is flashing a strong bullish divergence as taker buy pressure rises above 1, signaling rising demand. He also said a breakout above $2,650 could accelerate momentum and put the $3,000 level back in focus.
The setup matters because Ethereum is holding within a demand zone around $2,100-$2,200 while pressing against descending trendline resistance. That leaves the market at a crossroads: the current phase may be an accumulation zone rather than a continuation of weakness, but buyers still need to prove they can push through overhead resistance before the move becomes something more durable.
For now, the clearest message from the tape is that sellers are no longer in complete control. If ETH can keep defending the demand zone and clear $2,650, the next test will be whether the market can turn a stabilizing network backdrop into a real advance toward $3,000.
