NFT bid offer ratio

This shows you the percentage of volume at the offer (listing price) for the entire market. The yellow line is a metric of relative market strength, if the ratio is above this 90% line, it means that >90% of trades are listings being bought. If below the line, it means that more bids are being accepted. Generally below the line is bearish for the overall market, but in this example below, the extremely low ratio is due to blur implementing bid side liquidity.