On-chain data reveals that the Bitcoin taker buy-sell ratio has rebounded into the “hold” zone. The “taker buy-sell ratio” is an indicator that measures the balance between the Bitcoin buy volume and the sell volume. When the value of this metric is above one, it means the long volume is more than the sell volume, suggesting a bullish sentiment. Whereas ratio values below one indicate bearish sentiment. The portion between these two is the “hold zone.”