More Ethereum investors start to sell: What should you know?

Taker Buy Sell Ratio, assessed using a seven-day simple moving average , has trended downward since the 5th of June, data from

When the value of this metric declines in this manner, it suggests that the Futures market for the asset in question has seen more sell orders than buy orders.“This trend suggests that most futures traders have been selling Ethereum aggressively, either for speculative purposes or to realize profits. This significant drop in the metric is a bearish signal, suggesting that the current downward retracement could persist if this trend continues.

When it drops this way, it suggests that some Futures traders are closing their positions without opening new ones. This is often viewed as a shift in sentiment from bullish to bearish.

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