$BTC Highly recognized the artwork of Banmu Xia, Bitcoin 95000 has a good opportunity for bottom fishing. 108000 shorting has a very high cost-performance ratio. Don't let the surge of altcoins in the past two days cloud your judgment; in the short term, funds still appear cold, and the rebound lacks strength.
Don’t be fooled by Bitcoin's recent rise to 107000; this price is suitable for shorting. The money in the U.S. hasn't heated up yet. The Coinbase premium index has been hovering in the negative range these days, around -0.03, indicating that institutions and large holders are still observing.
Since the end of October, there have been 12 days without positive premium; buying interest is weak, while overseas markets, especially Binance, are more lively. In simple terms, American funds are waiting to see: Zhengfu hasn't fully resumed work, and the Federal Reserve hasn't eased up, leaving market sentiment lukewarm.
Historically, this kind of prolonged negative premium, even with favorable stimuli, can easily turn into "up one day, down three days." This round of rebounds seems more like technical adjustments, not a true reversal. To really see a trend reversal, we have to wait for Coinbase's premium to return to positive >0.02, which would indicate that U.S. capital is starting to enter.
