Binance Order Flow Suggests Ethereum Is In Correction Mode: Demand Still Missing

Ethereum is trying to stabilize above the $3,100 level after failing to break the $3,400 resistance, as the broader crypto market struggles to recover momentum. While bulls managed to defend key support in recent sessions, price action remains fragile and highly reactive, with sellers still showing up on rallies. ETH is stuck in a tight range, and traders are watching closely to see whether this pullback turns into a deeper correction or simply a reset before the next move higher. Related Reading: Trade War Headlines Trigger $800M In Liquidations Overnight: Longs Get Wiped Out Across Crypto Markets A report from Arab Chain highlights that Binance data is signaling a sensitive phase for Ethereum at the start of 2026. According to the analysis, ETH is trading near the ...