Binance Net Taker Volume indicator has turned negative, signaling a significant increase in selling pressure in the crypto market. This metric measures the difference between market buy and market sell volume, revealing a preference for selling over buying. The shift to negative territory coincides with the release of unfavorable economic indicators such as the US ISM non-manufacturing purchasing managers' index and JOLTs. These indicators suggest a less favorable environment for risky assets like cryptocurrencies, leading to increased selling pressure.