Coinbase Bitcoin Premium Index turns positive again, buying sentiment in the US market warms up

According to Coinglass data, the Coinbase Bitcoin premium index turned positive again yesterday after being in negative premium, currently reported at 0.0079%. The negative premium had persisted for 40 days, and buying sentiment in the U.S. market has begun to warm up.

The Coinbase Bitcoin premium index is used to measure the difference between the Bitcoin price on Coinbase (a mainstream trading platform in the U.S.) and the global market average price. This index is an important indicator for observing the flow of funds in the U.S. market, institutional investment enthusiasm, and changes in market sentiment.

A positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying in the U.S. market, active entry of institutional or compliant funds, ample dollar liquidity, and optimistic investment sentiment. A negative premium indicates that the Coinbase price is lower than the global average price, which typically reflects: significant selling pressure in the U.S. market, decreased risk appetite among investors, heightened market risk aversion, or capital outflow.