Binance Order Flow Points to Ethereum Correction as Demand Remains Weak
TL;DR:
The Cumulative Volume Delta (CVD) indicator on Binance shows dominant selling pressure with a value of -3,676.
Ethereum is struggling to stabilize above $3,100 after being rejected at the critical $3,400 resistance.
The 30-day correlation between price and volume flow remains at 0.62, reflecting a reactive market lacking aggressive buyers.
The market’s second-largest currency started the year with stumbling blocks. Indeed, an imminent Ethereum correction due to weak demand is expected, according to order flow data from Binance. Net volume indicators show that aggressive sell orders currently outweigh buy orders in the $3,200 zone.
Bulls have managed to defend key support levels in recent sessions; however, price action is perceived as fragile and highly reactive. This duality between price stabilization and negative order flow reflects a market that, while not collapsing, fails to attract the interest necessary for a sustainable bullish breakout.
Resistance at $3,400 and the Liquidity Challenge
Technically speaking, the region between $3,300 and $3,400 is consolidating as a resistance cluster difficult for buyers to overcome. Every rally attempt has been stifled by persistent asset distribution, keeping the token trading within a narrow range while the next macroeconomic move is decided.
Nevertheless, as long as Ethereum remains above the short-term moving average, near $3,050, it means a support base still exists that limits downside acceleration. This environment usually precedes periods of lateral consolidation where large institutional investors rebalance their portfolios before seeking new liquidity zones.
In summary, the market is in a “recovery within a downtrend” phase that will only change if buying volume increases significantly. The $3,000 level now acts as the critical floor which, if broken, would confirm a deeper corrective phase; conversely, overcoming the $3,400 ceiling would be the necessary catalyst to shift the prevailing negative sentiment in the short term.
Filed under: News - @ January 21, 2026 3:27 am