Binance plays a significant role in shaping market sentiment as the exchange with the highest trading volume in futures and derivatives markets among centralized exchanges. The Taker Buy Sell Ratio metric is a critical indicator for understanding the strength of buyers and sellers.
According to the latest data, the Taker Buy Sell Ratio on Binance has shifted into negative territory on a monthly basis. This indicates that sellers are stronger than buyers and are filling more sell orders.
This situation may be perceived negatively in the short term. However, it will be clear in the coming days whether takers will continue to prefer sell orders. If the trend continues, it is predicted that the market may go into a deeper correction.
It is important for market participants to understand this dynamic, because the balance between buyers and sellers directly affects future market movements.