Coinbase Premium Index drop go -0.15 as BTC commot go $74K
CryptoQuant data dey show say Coinbase Premium Index dey around -0.15 as Bitcoin (BTC) drop to about $74,000. The index dey track price difference between Coinbase Pro and Binance; steady negative readings mean say US institutional demand dey mainly sell pass buy.
After BTC reach near $125,000 for November 2025, Coinbase Premium Index turn negative and never recover. Even when BTC bounce from early-year lows to roughly $83,000, the index remain mostly negative with only short small positive “green” periods — showing rallies dey used to exit.
CryptoQuant CEO Ki Young Ju warn say this deterioration fit turn into long bear structure with lower highs and lower lows, and fit last up to 18 months if BTC break below $79,000. For traders, the short-term focus na whether Coinbase Premium Index fit turn consistently positive together with BTC strength; right now e still be sell-dominant signal.
(Reported without investment advice.)
Bearish
Di-stop negative Coinbase Premium Index dey show say US institutions dey sell when market dey rally instead of dey accumulate, wey normally dey put pressure for BTC price. The latest update confirm dis by putting the index near -0.15 while BTC dey trade around $74K, showing say the discount regime still dey intact after the November 2025 peak.
For short term, traders fit expect more downside volatility or rebounds wey go fail until the Coinbase Premium Index turn consistent positive with price. For long term, CryptoQuant warning about a lower-high/lower-low structure (fit last up to 18 months if BTC break below $79K) mean the current weakness fit be structural instead of one-off correction, and e dey increase chance say market go keep dey adopt risk-off positions around BTC rallies.