📰 【The buying sentiment in the U.S. market continues to recover, as the Coinbase Bitcoin premium index remains positive for eight straight days.】


BlockBeats news, April 16, according to Coinglass data, the Coinbase Bitcoin premium index has stayed positive for eight consecutive days, currently at 0.0401%, indicating that buy-side sentiment in the U.S. market continues to rebound. Previously, this index had been in negative premium territory for 15 consecutive days. BlockBeats note: The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream U.S. trading platform) and the global market’s average price. This index is an important indicator for observing changes in capital flows in the U.S. market, institutional investment heat, and market sentiment. A positive premium means the Coinbase price is higher than the global average, which usually indicates positive capital inflows into the U.S. market and stronger demand from institutions or high-net-worth investors; a negative premium may reflect capital outflows or relatively weaker demand in the U.S. market.

Coinbase’s premium index has finally turned positive, and the Americans over there are starting to get restless again. When prices fall, these institutions run faster than anyone—now that they catch a whiff of a bit of opportunity, they’re back to rush in and accumulate. Retail investors, look at where the funds are flowing—don’t just keep staring at those little fluctuations of yours. The direction of big funds is the real weather vane; don’t wait until the train has left and then smack your thigh in regret.

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