Svmuu News: According to Coinglass data, the Coinbase Bitcoin Premium Index has remained in negative territory for 47 consecutive days (since May 19), with the latest reading at -0.1007%.This index measures the deviation of BTC prices on Coinbase (a major U.S. compliant platform) from the global average price. A sustained negative value indicates heavy selling pressure in the U.S. market, a decline in risk appetite, capital outflows, or rising risk aversion. Historical data shows that prolonged negative premiums are often accompanied by the exit of U.S. institutional capital, so investors should be wary of short-term correction pressure.
Previously, the index remained in negative territory for 40 consecutive days from January 16 to February 24 of this year, setting the longest streak of negative readings since the indicator’s launch and surpassing the approximately 30-day streak recorded during the “1011 crash.”