Ethereum's futures market sentiment has shifted positively, as indicated by the Taker Buy Sell Ratio—a key metric for gauging market sentiment. Following Ethereum's rebound near the $3K support level, this ratio has risen significantly, highlighting an increase in market buy orders.

This uptick suggests that market participants are optimistic about Ethereum's short-term price movement, with expectations of reaching the $4K resistance. A Taker Buy Sell Ratio above 1 typically signals buyer dominance, often preceding a bullish trend. Current data reflects growing trader confidence and anticipation of continued upward momentum.