Bitcoin’s price has experienced one of the most bearish periods in its history over the past week, losing one crucial technical level after another. According to data, $1 trillion in capital has flowed out of the cryptocurrency market since mid-January.
Without any doubts about the emergence of bear season, investors are now approaching the market with greater skepticism and caution. One of the on-chain metrics highlighting this change in behavior is the Bitcoin taker buy ratio, which has fallen to a new low.
The buying ratio of BTC takers drops to 0.48
In a new Quicktake post on the CryptoQuant platform, market analyst CryptoOnchain says shared a fresh look at the ongoing selling pressure in the Bitcoin market. This observation is based on the declining Taker Buy Ratio on Binance, the world’s largest centralized exchange by trading volume.
The Bitcoin Taker Buy Ratio is a sentiment indicator that estimates the share of trading volume held by buyers compared to that of sellers. Values below 1 generally indicate that the taker’s selling volumes (aggressive selling) are greater than the taker’s buying volumes, implying that sellers are overwhelming buyers in the market.
Highlighting data from CryptoQuant, CryptoOnchain revealed that the Bitcoin Taker Buy Ratio (14-day moving average) on Binance has fallen to 0.48, the lowest level since October 2025. Such negative market sentiment on the world’s largest exchange highlights a worrying trend in the overall derivatives market.
CryptoOnchain said:
A drop to such a significant low indicates that sellers are overwhelmingly dominating the order book and aggressively capturing bids without sufficient buying resistance.
As the crypto expert also noted, this drop in the Bitcoin Taker Buy Ratio coincided with the recent price correction, which saw the leading cryptocurrency drop to around $61,000. CryptoOnchain noted that this metric should stabilize and rise again if the BTC price is to see any relief.
The Quicktake post concluded:
For a potential reversal or local low, we need to see this measure stabilize and begin to trend upward, indicating that aggressive selling has been exhausted and buyers are taking a step back. Until then, caution is advised as momentum remains strongly in the bears’ favor.
Bitcoin price at a glance
After one of the crypto market’s biggest “red” days, BTC’s price appears to be rebounding nicely after bouncing back above $70,000 on Friday. At the time of writing, the flagship cryptocurrency is valued at around $70,263, reflecting a price increase of more than 11% in the past 24 hours.
