Although Bitcoin has broken through 75,000, Coinbase Bitcoin still has a negative premium
Today, the Coinbase Bitcoin premium index narrowed its negative premium to -0.0221%, but it still remains in a negative premium state. Data shows that from May 19 to August 21, this index has been in the negative premium range for 95 consecutive days, setting the longest continuous negative premium record since the index was launched.
40 days in January → 30 days during the 1011 crash → now 95 days. The three longest periods of Coinbase negative premium in Bitcoin history have each lasted longer and been deeper than the last.
40 days (January-February): The market considered this a "seasonal correction," expecting the negative premium to quickly recover.
30 days (1011 crash): The market saw this as a "panic sell-off," expecting sentiment to improve once the panic passed.
95 days (now): From May 19 to August 21, a full quarter. This can no longer be explained by "sentiment."
The longest negative premium may indicate the greatest suppression. When U.S. buying returns, the intensity of the rebound could also set a record. $BTC$ETH$SOL#BTC加速拉升,资金还能继续接力吗?
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