Ethereum surged 2.75% over the past day as the crypto market continues to see a general price rebound in 2025. Notably, Ethereum investor activity data shows a corresponding increase in bullish sentiments with the anticipation of a sustained uptrend in the short term.
Ethereum Taker Buy-Sell Ratio Nears 1, Uptrend Expected to Resume
In a Quicktake article on CryptoQuant, market analyst ShayanBTC posited that the Ethereum market could see further price growth based on the Taker Buy Sell ratio – an important trading metric in the futures market used to measure the balance between aggressive buying and selling.
The Taker Buy Sell ratio is used to gauge market sentiment by indicating whether buyers or sellers are more aggressive in market orders. A ratio above 1 indicates buyers are dominant, while a ratio below 1 signals greater selling pressure.
Following Ethereum’s rebound above $3,000, the ratio saw a significant increase in buy orders in the market. This development suggests that Ethereum traders are increasingly expecting prices to rise in the near term.
If Ethereum bulls manage 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 taker-buy-sell ratio must exceed 1, indicating that buyers are taking control of the market.
Altcoins Expected to Reach $2 Trillion Valuation in Altseason
Separately, crypto analyst Michaël van de Poppe said that the altcoin market recently underwent a correction reaching a crucial support level. These digital coins are now in an uptrend as the altseason prepares to come into full force. With the heightened expectations surrounding the current bull cycle, van de Poppe predicts that the altcoin market cap could reach $2 trillion in the second season.
As the largest altcoin by market capitalization, Ethereum will likely play a significant role in sparking and guiding the bullish momentum around the altcoin market during this period. With Ethereum holding 29.7% dominance in the altcoin market, the token’s market cap could reach around $594 billion in the next season if van de Poppe’s prediction holds true.
As a reminder, altseason is a period when altcoins (i.e. other cryptocurrencies other than Bitcoin) experience significant price gains and outperform Bitcoin in terms of percentage growth.
At press time, Ethereum is trading at $3,652, reflecting a 1.37% price gain over the past 24 hours. Meanwhile, the altcoin’s daily trading volume decreased by 25.76% and is valued at $16.29 billion.
Featured image from FXStreet, chart from Tradingview