- Current data is showing neutral signals for $BTC: The Premium Gap remains in negative territory, indicating that the $BTC price on Coinbase is currently trading at a discount compared to the broader market. However, notably, the Premium Gap index has halted its steep decline and started to show signs of a slight upward recovery in the latest phase.

- Demand for $BTC from U.S. investors has not yet truly exploded, but selling pressure has also shown significant signs of cooling down. The slight recovery of the Premium Gap is occurring in tandem with the $BTC price rebound around the $66.8K zone.

- In the short term, $BTC may maintain a state of consolidation and accumulation. It is necessary to further observe the increase in cash flow from the U.S. (when the Premium Gap gradually approaches the 0 mark or turns green) for a more solid confirmation of the next upward momentum for $BTC.

Written by Rei Researcher