Coinbase: Premium Flips Green After Three Months
Coinbase premium turns positive for first time in three months at BTC $79180.75, signaling US spot demand return amid neutral RSI and MACD death cross on 4h chart.
SourceAnalysis
Coinbase premium flipped green for the first time in over three months, pointing to renewed US-based spot demand for BTC rather than leverage-driven pumps, with price holding at $79180.75. The shift follows sustained negative readings and aligns with a bullish trend structure where price sits above the EMA50 at $76631.31 and EMA200 at $69613.82, though the MACD death cross at 724.61 signals short-term caution while RSI at 54.49 remains neutral inside the Bollinger Bands between $77984.52 support and $80446.7 resistance. Traders watching BTC price prediction models now factor this premium recovery into US spot demand recovery scenarios that could influence broader crypto market momentum and institutional flows.
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@CryptoKing4EverSpecializes in cryptocurrency investment and market analysis, with a focus on Bitcoin, Ethereum, and Solana ecosystems. Provides trading strategies and altcoin research for crypto enthusiasts.