BlockBeats News, on February 26, according to Coinglass data, the Coinbase Bitcoin premium index turned positive yesterday, at 0.0159%, ending a continuous 40 days of negative premium. Today it has turned negative again, but narrowed compared to before, currently at -0.0033%. The buying sentiment in the US market is starting to warm up.

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

Positive premium indicates that the Coinbase price is higher than the global average price, which usually means: strong buying pressure in the U.S. market, active participation from institutions or compliant funds, ample dollar liquidity, and optimistic investment sentiment. 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 risk-averse sentiment in the market, or capital outflows.