Coinbase negative premium has been hanging for 20 straight days—over there in the U.S. people really are bailing, so we should just play it safe in the short term.

Crypto World News reports that Coinbase Bitcoin Premium Index has been in negative premium territory for 20 consecutive days, with the latest value at -0.0467%. This index measures the deviation of Coinbase (a mainstream compliant platform in the United States) BTC prices from the global average. Persistent negative values indicate heavy selling pressure in the U.S. market, declining risk appetite, capital outflows, or rising risk aversion sentiment. Historical data shows that long-term negative premiums are often accompanied by the exit of U.S. institutional funds, and short-term correction pressures should be watched carefully.