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Bitcoin experiences 18 consecutive days of negative premium, increasing selling pressure in the US market
【ChainNews】Bitcoin has once again lit up red lights in the US market. The latest data shows that the Bitcoin premium index of a leading compliant US trading platform has maintained a negative premium for 18 consecutive days, currently at -0.171%.
How should we interpret this indicator? Simply put, it measures the difference between Bitcoin prices in the US market and the global average. When the premium index is positive, it indicates strong buying activity in the US market, with institutional funds and compliant investors actively entering the market, ample dollar liquidity, and overall optimism. Conversely, a negative premium tells a different story.
What does 18 consecutive days of negative premium mean? It suggests increasing selling pressure in the US market. This usually indicates several issues: investors’ risk appetite is declining, market risk aversion is rising, or US funds might be flowing out. It is an important indicator to observe the flow of funds and institutional enthusiasm in the US market. From another perspective, when this index remains negative, it often reflects cautious investor sentiment about the future market outlook.