Major warning! Bitcoin futures buy orders collapse by over 50%, and near-term market action faces pressure
CryptoQuant analyst Darkfost’s latest analysis points out that the demand in the Bitcoin futures market is showing signs of weakening. The 30-day average net active buying volume has ended its previous period of strong growth, and the price trend is highly similar to the phase in May 2026.
Data shows that when BTC broke through $65,000 on August 19, the futures long/short trading ratio (Taker Buy/Sell Ratio) briefly reached 1.21; however, afterward, short positions kept increasing, cooling market bullish sentiment.
In just a few days, the 30-day average net active buying volume fell from $213.7 billion to $97.8 billion, a drop of more than 50%. And since August 30, the Taker Buy/Sell Ratio has continued to turn negative, indicating that the futures market’s active selling power has gained the upper hand.
The analyst warns that the current futures market trading volume is far greater than spot and ETFs, so the weight of futures fund flows influencing the order book is very high. In the short term, the market has already shown signs of weakening: futures buying is fading while shorts are rising, which may put downward pressure on the coin price.