The crypto market is showing negative sentiment, especially on Binance, where the taker buy-sell ratio for ETH has remained below 1 for the past month. This indicates that more traders are choosing to sell rather than buy ETH.
This condition has caused ETH's performance to lag behind BTC. Although the market appears sluggish, BTC shows better potential. Analysts believe that BTC can be a safer choice amidst the current market uncertainty.
Thus, even though the crypto market in general is under pressure, BTC remains a bright spot for investors seeking stability and long-term growth.