CryptoQuant contributor Trader_Gemini analyzed, "The Coinbase BTC premium index briefly turned positive before falling back to -0.02. Although BTC recovered to around $81,500, there is no confirmed signal that US spot demand is supporting the uptrend." He added, "The current figure is only slightly negative, so it cannot be seen as a direct bearish signal. Whether the premium turns positive again and is maintained and expanded will be a key indicator to judge the sustainability of BTC's recovery."
