Darkfost
Net Taker volume turned Bullish !
The 30-day moving average of the Net Taker Volume has returned strongly into positive territory today. - What does this mean ? This indicator compares the volume of long and short positions over the past 30 days. When it is negative, it suggests that short volumes are dominating and when positive, it indicates that long volumes are stronger. It allows us to gauge the prevailing sentiment in the derivatives markets. Currently, we are seeing a clear shift over the past few days, with the Net Taker Volume moving firmly back into positive territory. - Why is this important ? Because the derivatives market represents the largest share of Bitcoin trading volumes (currently accounting for almost 90% of total volume), ahead of ETFs and the spot market. As a result, derivatives markets set the tone and have the power to reignite a trend, whether positive or negative.