🚨 $BTC Coinbase Premium Just Flipped Deeply NegativeU.S. spot demand is evaporating the Coinbase Premium Index has plunged into its lowest negative zone of the entire cycle.When Coinbase trades at a discount, it often signals persistent sell pressure from U.S. participants and a lack of aggressive dip-buying.Premium has stayed below zero for weeks a rare sustained imbalance.Historically, extended negative premiums have aligned with fearful local bottoms or the early stages of deeper macro downtrends.Price action continues to struggle below key liquidity levels as U.S. spot weakness drags the market.⚠ Until this premium turns positive again, $BTC remains vulnerable, and any bounce is likely to face heavy selling from U.S. traders.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🚨 $BTC Coinbase Premium Just Flipped Deeply NegativeU.S. spot demand is evaporating the Coinbase Premium Index has plunged into its lowest negative zone of the entire cycle.When Coinbase trades at a discount, it often signals persistent sell pressure from U.S. participants and a lack of aggressive dip-buying.Premium has stayed below zero for weeks a rare sustained imbalance.Historically, extended negative premiums have aligned with fearful local bottoms or the early stages of deeper macro downtrends.Price action continues to struggle below key liquidity levels as U.S. spot weakness drags the market.⚠ Until this premium turns positive again, $BTC remains vulnerable, and any bounce is likely to face heavy selling from U.S. traders.