Ethereum’s Buy Pressure Rises Amid Potential Price Reversal

Ethereum’s price is surging towards new highs, with buy pressure building as the $3,000 resistance approaches. This shift is visible in indicators, including the Buy/Sell Delta that shows a trend toward reversal despite sell pressure dominating recent days. The ETH liquidation heatmap highlights potential volatility risks, with large long positions concentrated above $3,000, ready to trigger cascading liquidations if price breaks through this crucial level.