PANews reported on April 8th, citing Cointelegraph, that market data shows Ethereum buyers are returning, with bulls struggling to defend the $2,000 support level. CryptoQuant data shows that Ethereum buy orders have remained positive since March 6th, indicating a recovery in demand in the derivatives market. The indicator currently shows buying pressure dominating, reaching $104 million. Analysts point out that this is the first time such a "shift in the landscape" has been observed in Ethereum derivatives since the last bear market. Futures open interest is currently 6.4 million ETH, close to the all-time high of 7.8 million ETH reached in July 2025. The spot Ethereum ETF recorded a net inflow of $120 million on Monday, the highest level since mid-March. Analysts say that as long as the $2,000 support level holds, Ethereum could rise again, while a break below this level would mean a new yearly low could appear soon.