Svmuu News: Matrixport released a chart today showing that since October, the price of Bitcoin on Coinbase has consistently been lower than on other global exchanges, creating a significant discount. Although this price difference is influenced to some extent by USDT price fluctuations, the persistent discount reflects a more pronounced selling bias among investors on the Coinbase platform.The imbalance in capital flows from the U.S. market may be one of the key reasons for the sustained market pressure in recent months. However, when the price of Bitcoin briefly fell back to around $60,000, the discount began to narrow and has now largely returned to neutral levels.As we mentioned previously, this correction often indicates that most of the selling pressure has been gradually absorbed by the market, and trading conditions for Bitcoin are expected to improve accordingly. Recent price movements appear to be confirming this assessment. Although geopolitical risks persist and risk assets are generally underperforming, Bitcoin has maintained a relatively stable trajectory. This may indicate that the phase of heavy selling pressure is gradually coming to an end, and the market environment is expected to see marginal improvement.