Coinbase premium turns negative, are US institutions starting to exit? The 60-day strong trend of BTC may have peaked.
📉 Coinbase Premium breaks down
For the first time since the end of May, it has turned negative, and the buying enthusiasm for BTC in the US market has decreased. This indicator has always been seen as a barometer for US institutional entry.
What signals does a negative premium release?
1️⃣ US institutional funds are temporarily observing, buying power is weakening
2️⃣ The current trend is more likely driven by retail investors or other markets
3️⃣ A turning point in market sentiment may appear, need to guard against a sharp pullback
⚠️ How to interpret the short-term impact?
1️⃣ BTC price volatility increases, the risk of chasing high rises
2️⃣ Institutions are not increasing their positions, main players are absent, sentiment may cool down
3️⃣ Pay attention to on-chain stablecoin inflow and whale movements to judge the rhythm of the next wave of trends
🧠 One-sentence summary:
The negative turn of Coinbase premium is not a signal of collapse, but it does indicate that US institutions are slowing down.
In the current market, both sentiment and rhythm are changing; making money relies not on speed, but on stability.
