Darkfost2025-09-20

ETH traders on Binance are turning sharply bearish : a level rarely seen this year.

According to the Taker Buy/Sell ratio, which measures the balance between buy and sell volume orders in the derivatives market, ETH traders are currently positioning heavily on the sell side on Binance. With the ratio dropping below 0.87 on September 19, this marks only the third time this year it has fallen so low. Back in January and February, the ratio reached as low as 0.85, coinciding with a bearish trend that pushed ETH below $1 500. The 7-day average currently stands at 0.93, marking the lowest level of the year. With ETH still hovering near its all-time high around $5 000 but failing to break above it, traders are increasingly positioning on the short side. Today, futures markets continue to dominate trading volumes and set the trend, especially on Binance, which sees the largest share of trading activity. When selling pressure intensifies on derivatives markets, it often signals the risk of a correction or consolidation if the trend persists. However, when the bearish consensus becomes too extreme, particularly if it goes against the broader market trend, such periods of overselling can also present valuable opportunities and set the stage for a potnetial short squeeze.