📰 【The buying sentiment in the U.S. market continues to recover, with the Coinbase Bitcoin premium index remaining positive for 12 consecutive days.】


BlockBeats news, April 21, according to Coinglass data: the Coinbase Bitcoin premium index has been positive for 12 consecutive days, now at 0.04%. Buying sentiment in the U.S. market continues to warm up. Previously, it was once negative for 15 consecutive days. BlockBeats note: The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a major U.S. trading platform) and the global market average price. This index is an important indicator for observing changes in U.S. market capital flows, institutional investment enthusiasm, and overall market sentiment. A positive premium means the Coinbase price is higher than the global average, which usually implies that buying demand in the U.S. market is relatively strong.
Look at this “$BTC ” kind of dragging-behind premium—0.04% and you actually have the nerve to bring it up? Being positive for 12 straight days sounds pretty convincing, but with this little scrap of “mosquito-leg” gains—can it really even be enough to fill your teeth? It shows that institutions and big players over in the U.S. are starting to step in with those small, incremental moves again, but their steps are more careful than a grandmother crossing the street. They’re sharp—on the one hand shouting about compliance, and on the other hand quietly accumulating. With this kind of market, if retail investors follow along and get blindly excited and rush in, they’re very likely just lifting the sedan pole for someone else. Remember: big money always moves with lagging signals—by the time the news is flying everywhere, the soup is already almost cold. If you really want in, you’d better wait until the premium pulls out a decent bullish candle before making a move.
👇👇👇👇👇
BTC1.09%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin