Summary
- The market buy-sell ratio in the Binance Bitcoin (BTC) futures market has fallen to about 0.95, the lowest of this cycle.
- If this ratio is above 1, it signals a bull phase; if below 1, it indicates a bear phase.
- History shows that each time the ratio plunged in this way, it actually opened up buying opportunities.
The monthly average ratio of market buy to sell orders in the Binance Bitcoin (BTC) futures market has dropped to its lowest level since the beginning of this cycle.
On the 21st (local time), CryptoQuant author Darkfost stated, "The monthly average ratio of market buy to sell orders in the Binance Bitcoin futures market has fallen to the lowest point of this cycle. If this indicator is above 1, it indicates a bull phase; if it is below 1, it means a bear phase. Today, this ratio dropped to about 0.95, the lowest observed on Binance during this cycle."
The author added, "This drop reflects investors’ deteriorating sentiment. However, in past cases, every time the ratio plummeted, it actually opened up buying opportunities. In fact, rebounds have often followed these extreme levels."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
![[Analysis] "XRP risks repeating the 2022 rout…most short-term investors in the red"](https://media.bloomingbit.io/PROD/news/845f37bb-29b4-4bc5-9e10-8cafe305a92f.webp?w=250)
![[Exclusive] “Airdrops also taxable”... Authorities to adopt a ‘comprehensive approach’ to virtual assets](https://media.bloomingbit.io/PROD/news/4bde9dab-09bd-4214-a61e-f6dbf5aacdfb.webp?w=250)