Jinshu Finance News: According to Coinglass data, Coinbase's Bitcoin premium index has been in negative premium for five consecutive days, currently at -0.126%. Over the past 28 days, it has been in negative premium for 26 days. The Coinbase Bitcoin premium index measures the difference between Bitcoin's price on Coinbase (a major U.S. trading platform) and the global average price. This index is an important indicator for observing U.S. market fund flows, institutional investment热度, and market sentiment changes. A positive premium indicates that Coinbase's price is higher than the global average, typically reflecting strong buying pressure in the U.S. market, active institutional or compliant fund participation, ample U.S. dollar liquidity, and optimistic investment sentiment. A negative premium indicates that Coinbase's price is lower than the global average, usually reflecting significant selling pressure in the U.S. market, declining investor risk appetite, rising risk-averse sentiment, or capital outflows.

