Bitcoin is currently facing intense selling pressure, with the price dropping to the $64.6K region. A critical look at the market sentiment on Binance reveals a disturbing trend in the derivatives market. The Taker Buy Ratio (14-day Moving Average) has dropped to 0.48, marking its lowest level since October 2025.
The Taker Buy Ratio is a key indicator of market sentiment; values below 1 indicate that taker sell volumes (aggressive selling) are outpacing taker buy volumes. A drop to such a significant low suggests that sellers are overwhelmingly dominating the order book, aggressively hitting bids without sufficient buying resistance.
This capitulation in the ratio correlates with the sharp price correction observed recently. For a potential reversal or a local bottom, we need to see this metric stabilize and begin to trend upwards, indicating that aggressive selling is exhausted and buyers are stepping back in. Until then, caution is advised as the momentum remains heavily in favor of the bears.
Written by CryptoOnchain