Is Bitcoin under continuous pressure in the US market? The truth behind the 10-day negative premium

【BlockBeats】The recent performance of Bitcoin in the US market has been quite interesting. According to the latest data, Bitcoin prices on major US trading platforms have been in negative premium for 10 consecutive days, currently at -0.0648%.

What is the premium index? Simply put, it’s the difference between Bitcoin prices in the US market and the global average price. This indicator is important because it directly reflects the capital flow, institutional investment enthusiasm, and market sentiment changes in the US.

What does a positive premium mean? It indicates that US market prices are above the global average, suggesting strong buying activity. Usually, during this time, US institutional or compliant funds are actively deploying, dollar liquidity is ample, and overall investment sentiment is quite optimistic.

What about a negative premium? Conversely, when US market prices are below the global average, it’s a bit more subtle. It suggests that there is significant selling pressure in the US, investors’ risk appetite is decreasing, and risk-averse sentiment is rising in the market, or capital is flowing out. Maintaining this trend for 10 days straight is definitely noteworthy.

What does this really reflect? Are US market participants just observing, or are they actually reducing their positions? This signal needs to be considered alongside other data, but a sustained negative premium clearly indicates that US market sentiment is changing.