Binance, the largest futures and derivatives exchange by volume, is seeing a shift in market sentiment. The latest data shows that the monthly Taker Buy Sell Ratio has moved into negative territory. This indicates an increase in seller activity, with sellers aggressively filling more sell orders than buy orders.
While this may seem like a negative trend, the coming days will show whether the sellers’ advantage will persist. If so, the market could be in for a deeper correction.
Understanding this balance between buyers and sellers is key to predicting future market movements.