Bitcoin sees a pause in sell dominance as taker flow turns neutral
Crypto Briefing
Bitcoin's spot market sentiment has shifted to neutral, indicating easing selling pressure based on the taker cumulative volume delta.Summary
On-chain data analysis indicates that Bitcoin's spot market sentiment has transitioned from a prolonged sell-dominant phase to a neutral state. This shift is evidenced by the taker cumulative volume delta, a metric that measures the net buy or sell pressure exerted by market takers on exchanges. The data, tracked by platforms like CryptoQuant, suggests that the extended period of dormant selling activity has eased, resulting in more balanced conditions between buyers and sellers in the spot markets.
(Source：Crypto Briefing)