Analyst: Binance's active buy sell ratio has returned to the neutral zone, indicating an increase in bullish sentiment
CryptoQuant analyst DarkFost reported that based on Binance's active buy sell ratio, Binance bulls seem to be returning to the derivatives market. The active buy sell ratio reflects the dominance of long and short positions in trading volume: -When the ratio is higher than 1, it indicates that buyers (bulls) dominate. -When the ratio falls below 1, sellers (bears) dominate. Since the beginning of 2025, Binance's 30 day EMA ratio has remained below 1, indicating sustained bearish pressure. However, as of today, the ratio has returned to the neutral zone. In addition, in the past few days, the ratio has been mostly positive, indicating that the bullish sentiment in the Binance derivatives market is heating up again. (BlockBeats)