Bitcoin 30-Day Taker Buy/Sell Ratio Hits Lowest Since 2018
Bitcoin 30-day taker buy/sell ratio has fallen to its lowest level since May 2018, indicating weakened buy-side momentum and rising short-term selling pressure. CryptoQuant and CryptoOnchain data show the ratio dipping below the 0.98 threshold that historically precedes price pullbacks due to insufficient buy-side liquidity. This market indicator measures the 30-day moving average of taker buy volume versus taker sell volume across major exchanges.
The current ratio sits below mid-2021 readings, despite higher spot prices, highlighting a price/volume divergence that often signals a risk of correction. In past cycles, similar drops in the Bitcoin taker buy/sell ratio preceded significant retracements. If this ratio remains low, selling pressure could intensify and drive a near-term retracement. Traders should monitor this market indicator closely and consider protective measures—such as stop-loss orders or hedging positions—to manage downside risk.
Bearish
The drop in the Bitcoin 30-day taker buy/sell ratio to 2018 lows points to growing sell-side dominance and weak buy-side liquidity. Historically, similar readings in mid-2018 and late-2021 coincided with sharp corrections as buyers failed to absorb sell orders. In the short term, this divergence between rising prices and declining buy-side momentum increases the risk of a retracement. Without a rebound in taker-buy volume, selling pressure may drive prices lower and trigger stop-loss cascades. Over the long term, sustained low ratios can signal reduced speculative interest and precede extended consolidation or downtrends unless renewed buying demand materializes. Traders should therefore view current readings as a warning and implement risk controls while monitoring for signs of a volume-driven recovery.