Ethereum Sentiment Hits 3-Year Bearish Extreme as Binance Ratio Drops to 0.91

Ethereum trader sentiment has turned notably bearish, with a Binance taker buy/sell ratio reading of 0.91 and returning to levels last seen in September 2023. ETH was down 8% over the past seven days and slipped to a six-week low just under $2,100 in late trading on Tuesday, with traders watching $2,000 as the next support.