Over the past 48 hours, the aggregate Taker Buy/Sell Ratio (spot + perps, all exchanges) spiked aggressively above 1.05 early on Dec 3, signaling heavy market buying and short absorption — a classic "buy the dip" reversal.
But now? The highs are rolling over.Initial peak: ~1.08 (Dec 3 AM)
Follow-up highs: Descending to ~1.06, then ~1.04 by Dec 4 midday
Structure: Higher lows holding >1.02, but clear lower highs forming — buyers tiring, sellers probing back in.
BTC price tagged $94.5K resistance but stalled, mirroring the fading taker momentum.
What it means:Short-term caution: If ratio closes below 1.03 daily, expect retest of $91K support (high prob pullback, as seen in similar setups).
Upside intact if buyers defend: A fresh spike >1.05 could reignite to $98K, but momentum is cooling fast.
Historical echo: Post-spike lower highs after <1 consolidations often lead to 5-15% chops before direction (mixed bag: 60% downside in last 4 instances).
Taker aggression peaked — now it's a battle for control. Watch the order book flip.
Written by NovAnalytica
