Ethereum's Binance leverage hits 0.611 all-time high as traders eye a break above $3,000
Ethereum's Estimated Leverage Ratio on Binance reached 0.611, a new all-time high, while the taker buy/sell ratio climbed to 1.13, signaling firmer demand. ETH fell to $2,781 on December 18 and remains below $3,000 as traders position for a potential breakout. One analyst highlights $3,100–$3,200 if the $2,700–$2,800 support area holds.