Binance, the exchange with the largest trading volume in futures and derivatives, is having a strong impact on market sentiment. The Taker Buy Sell Ratio has recently turned negative, indicating that sellers are dominating with more sell orders than buy orders.
Although the short-term outlook may be considered negative, the coming days will show whether this trend will continue. If sellers remain dominant, the market may correct further.
Understanding this movement is crucial as the balance between buyers and sellers will affect future market volatility.