Ethereum's market is showing signs of a potential 'regime shift', as buying pressure increases and net taker volume turns positive. According to data from CryptoQuant, the net taker volume has been rising since March 6, reaching $140 million on March 16.
The futures open interest (OI) also supports this trend, standing at 6.4 million ETH, close to its all-time high of 7.8 million ETH reached in July 2025.
Spot Ether ETF flows have also turned positive, with $120 million in net inflows on Monday, the highest since mid-March. This could indicate a return in demand from US investors and potentially propel ETH price higher.