Mars Finance News, on April 16, CryptoQuant analyst DarkFost reported that from the active buy-sell ratio on Binance, bulls seem to be returning to the derivatives market. The active buy-sell ratio reflects the dominance of bulls and bears in trading volume: - When the ratio is above 1, it indicates that buyers (bulls) are dominant. - When the ratio falls below 1, sellers (bears) are dominant. Since the beginning of 2025, Binance's 30-day EMA ratio has remained below 1, indicating continuous bearish pressure. However, as of today, the ratio has returned to a neutral zone. Additionally, in the past few days, the ratio has been mostly positive, suggesting that bullish sentiment in the Binance derivatives market is heating up again.
Analyst: Binance derivatives market active buy-sell ratio has returned to neutral territory, indicating rising bullish sentiment
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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