ethereum is up 2.75% in the past day as the crypto market continues to see an overall price rally in 2025. Notably, ethereum investor activity data shows a corresponding increase in bullish sentiments with the anticipation of a sustained upward trend in the short term.
ethereum Taker Bid-Sell Ratio Approaches 1, Uptrend Will Resume
in a <a target="_blank" href="https://cryptoquant.com/insights/quicktake/677902d1df24d5265dc81b85-ethereum-Futures-Sentiment-Surges-Taker-Buy-Sell-Ratio-Signals-Bullish-Momentum” target=”_blank” rel=”noopener nofollow”>Quick post Over at CryptoQuant, market analyst ShayanBTC postulated that the ethereum market may see further price growth based on the taker's buying and selling ratio. an important trading metric in the futures market that is used to measure the balance between aggressive buying and selling.
The Taker Buy Sell Ratio is used to measure market sentiment by showing whether buyers or sellers are more aggressive in market orders. A ratio greater than 1 indicates that buyers are dominant, while a ratio less than 1 indicates greater selling pressure.
Following ethereum's rebound from over $3,000, the ratio has seen a significant increase in market buy orders. This development suggests that ethereum traders are increasingly expecting a price gain in the near term.
If ethereum bulls are able to maintain the current uptrend, the altcoin is expected to return to $4,000, where its next significant resistance level lies. However, Shayan btc notes that for an uptrend to be confirmed, the buyer's bid-sell ratio must exceed 1, indicating that buyers are taking control of the market.
Altcoins Expected to Reach $2 Trillion Valuation in Alt Season
In other news, cryptanalyst Michaël van de Poppe <a target="_blank" href="https://x.com/CryptoMichNL/status/1875619205787349498″ target=”_blank” rel=”noopener nofollow”>has declared that the altcoin market has recently undergone a correction reaching a crucial support level. These digital currencies are now in an uptrend as the alt season prepares to go into full effect. With heightened expectations surrounding the current bull cycle, van de Poppe predicts that altcoin market capitalization could reach $2 trillion in valuation during the altcoin season.
As the largest altcoin by market capitalization, ethereum will likely play an important role in initiating and directing the bullish momentum around the altcoin market during this period. Given that ethereum has a 29.7% dominance in the altcoin market, the token's market capitalization could reach around $594 billion during the altcoin season if van de Poppe's prediction comes true.
In context, alt season is a period when altcoins (i.e. other cryptocurrencies besides bitcoin) experience significant price gains and surpass bitcoin in terms of percentage growth.
At press time, ethereum is trading at $3,652, reflecting a 1.37% price gain in the last 24 hours. Meanwhile, the altcoin's daily trading volume has decreased by 25.76% and is valued at $16.29 billion.
Featured image from FXStreet, Tradingview chart
