Market Trend Analysis
According to the latest data, Coinbase's Bitcoin premium index has remained in negative territory for 9 consecutive days, currently at -0.1399%. This sustained negative premium indicates significant selling pressure in the US market.
Investor Behavior Insights
Since January, the index has only been positive for two days, reflecting a decline in investor risk appetite and rising market caution. This may stem from capital outflows or concerns about the market outlook.
- Negative premium indicates strong selling pressure in the US market
- Investors show reduced risk appetite
- Market caution increases