coinbase premium negative for 25 straight days. u.s. demand completely gone. btc at $68k with this metric at -0.05% and refusing to flip positive. every bottom since 2020 required this indicator turning positive first. track it daily. when it flips and holds positive for 3+ days that's your first real demand signal. until then you're catching knives in a vacuum.

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments