Coinbase's Bitcoin negative premium intensifies, the truth behind the pullback

Since March 19,

the negative premium on Coinbase has continued to widen,

while the Bitcoin price has fallen from $74,000 to the current $66,000.

What does this mean?

This pullback is likely driven by American investors.

When the main funds in the market begin to reduce their holdings,

these small price differences

actually reflect the true situation of capital flow.

This trend of negative premium

is not only a superficial sign of price pullback but also a real signal of market sentiment.

Sometimes, the price decline is not simply a fluctuation.

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