Ethereum derivatives market experiences a rare net buy-in, the first since the 2023 bear market.

MarsBitNews · 2026-04-04T10:34:35+00:00

Mars Finance News, analyst Darkfost pointed out that the Ethereum derivatives market has experienced a shift, with net trading volume turning positive for the first time, dominated by buying pressure, reaching $104 million. This could help Ethereum form a stronger bottom and is expected to restart an upward trend.

MarsBitNews

2026-04-04 10:34:35

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Mars Finance news. On April 4, according to Cryptoquant analyst Darkfost, Ethereum derivatives have shown a massive market structure shift, the first such shift since the 2023 bear market. Darkfost noted that although most of the time since 2023 has been negative, ETH’s net trading volume has now turned positive. (Note: net trading volume is used as an indicator to assess whether buy pressure or sell pressure is dominant in the derivatives order book.) Currently, this metric shows that buy pressure is dominant, with the buy amount reaching $104 million. It’s worth noting that even when the Ethereum price had previously been close to new highs, this metric still indicated very strong selling pressure, but now it seems this situation is starting to change. Darkfost believes that because Ethereum is facing positive buy pressure, this could help form a stronger bottom. If this dynamic continues, the spot market and ETFs may start to support this trend, and Ethereum could potentially resume an upward trend.

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