Coinbase Bitcoin Premium Index shows a minor divergence



Based on past data, if the Coinbase Bitcoin premium increases and selling pressure grows 📈, the price will also fall accordingly

However, on the 15th, driven by a rise from news, Coinbase continued to sell Bitcoin, but Bitcoin’s price is still making new highs

Divergences will eventually revert

Bearish +1
BTC-0.22%
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RetroKeysAndPositions
· 2h ago
This divergence is indeed subtle. In the past, when the Coinbase premium turned negative, it was a bearish signal. But this time, it’s been pushed up by the news instead. It feels like the market is playing a new script.
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LendJudge
· 2h ago
Veteran “shrimps” in the crypto market all know that the Coinbase premium is a telltale sign of smart money. This unusual divergence—either the new narrative is too strong, or it’s quiet before the storm.
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GateUser-83a2dd8a
· 3h ago
Interesting: while institutions are quietly selling off on Coinbase, the price is being propped up by ETF narrative—if this mismatch needs to be fixed, the correction won’t be small.
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ThePatienceRequiredFor
· 3h ago
Take a look: if the premium continues to fall but the price doesn’t break the previous high, then the risk of a pullback is essentially confirmed. For now, don’t rush to short.
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