The Taker Buy Sell ratio, an important indicator in the futures market, is showing a significant increase, reflecting the optimism of buyers towards Ethereum. After Ethereum made a strong recovery near the $3K support level, this ratio has risen, indicating an increase in buy orders in the market.

This trend suggests that traders in the futures market are increasingly confident in the short-term price increase potential of Ethereum, expecting the asset to approach the $4K resistance level.

When the Taker Buy Sell ratio exceeds 1, it indicates that buyers are in control, often signaling the beginning of a bullish trend. Current data emphasizes this shift, reflecting the strong confidence of traders and expectations for continued upward momentum.