Recently, there has been a noteworthy change in the Bitcoin market data. According to on-chain tracking, Bitcoin's Net Taker trading volume (based on a 25-hour moving average) has dropped to -$19 million. This is the most intense selling pressure since December 23rd. To put it plainly, the market is now firmly controlled by sellers.
What is Net Taker trading volume? Simply put, it is the difference between buy and sell orders in the market. The larger the negative value, the more active the aggressive sellers are. This indicator is particularly useful for judging short-term market sentiment—when it trends toward negative, it usually indicates increasing selling pressure.
The current reading of -$19 million signals quite strong selling pressure in the near term. It reflects that, among market participants' trading intentions, sellers hold a more dominant position. For short-term traders, this kind of data can help better understand the current market momentum.
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QuorumVoter
· 01-11 02:05
The selling pressure is so strong, you should have already run away. Anyone still inside is just a gambler.
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DeFiAlchemist
· 01-11 01:57
*adjusts alchemical instruments* the transmutation of btc's liquidity dynamics into such brutal negative net taker readings... -19M USD? that's not just selling pressure, that's the market's philosopher's stone inverting itself. the risk-adjusted mysticism here suggests we're witnessing a liquidity crunch disguised as capitulation. fascinating.
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BearMarketHustler
· 01-08 13:35
The selling pressure is so fierce, the bears really can't sit still anymore
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Damn, it's another seller's frenzy time, this rhythm is a bit overwhelming
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Net Taker this thing, once it turns negative, you know it's going to cool down, -1900 is just the beginning, right?
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Brothers doing short-term trading need to be more careful now, big players are eating retail investors
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Wow, this wave of selling is even more intense than in December, I, a small retail investor, am hiding in the corner
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Sell orders are coming in but no one is taking them, is it really impossible to fall further or what's going on?
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On-chain data is heading negative, my wallet is also going negative, coincidence?
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Market controlled by sellers = we are being harvested, it's that simple
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-$19 million selling pressure? Then I might as well not bother today
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This data looks scary, but whether it's the bottom or if it will keep falling, who the hell knows?
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GateUser-1a2ed0b9
· 01-08 02:59
Oh my, the selling pressure is so intense, my long positions are about to be wiped out.
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The number -1900 looks a bit scary, is it going to crash again?
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Wait, is this really bad news or are the whales just shaking out the weak hands?
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Control by sellers? This might be the last dip before the bottom.
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Short-term traders must be feeling really uncomfortable right now, but I still hold and won't sell.
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With such a negative net volume, how can I possibly think about bottom fishing?
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They're starting to tell a story with the data again; if I reverse my position later, I could make a profit.
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Under this selling pressure, is it really going to break below the previous low?
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It looks like it has bottomed out, but I feel like it might drop again.
View OriginalReply0
OPsychology
· 01-08 02:57
Selling pressure is so fierce, does anyone still dare to buy the dip?
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-1900... This number makes me a bit nervous
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They're starting to dump again. When will the bottom be?
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Short-term traders need to be cautious now; this signal isn't very good
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Sounds like big players are dumping? Is there insider information?
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Net taker is so negative, it feels like a drop is coming
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Is the bear market back? Can my HODL still survive?
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The sellers are so aggressive, those buying the dip are about to get their faces slapped
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This is the real market sentiment; data doesn't lie
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Just want to ask if anyone is still adding positions at this level
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The most intense selling pressure since December 23rd, remember this timestamp
View OriginalReply0
NFTRegretful
· 01-08 02:56
Such strong selling pressure, how are there still people willing to buy the dip...
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SudoRm-RfWallet/
· 01-08 02:49
They're starting to dump again, sellers really leave no way out.
View OriginalReply0
OnchainDetective
· 01-08 02:32
The selling pressure is so strong, gotta be careful.
Recently, there has been a noteworthy change in the Bitcoin market data. According to on-chain tracking, Bitcoin's Net Taker trading volume (based on a 25-hour moving average) has dropped to -$19 million. This is the most intense selling pressure since December 23rd. To put it plainly, the market is now firmly controlled by sellers.
What is Net Taker trading volume? Simply put, it is the difference between buy and sell orders in the market. The larger the negative value, the more active the aggressive sellers are. This indicator is particularly useful for judging short-term market sentiment—when it trends toward negative, it usually indicates increasing selling pressure.
The current reading of -$19 million signals quite strong selling pressure in the near term. It reflects that, among market participants' trading intentions, sellers hold a more dominant position. For short-term traders, this kind of data can help better understand the current market momentum.