#以太坊大户持仓变化 Bitcoin Premium Index "Turned Red" Only Lasted One Day Before Returning to Negative Territory

After grinding through half a month, finally saw a glimmer of hope, but turned around only to be doused with cold water.

The Bitcoin price on a certain compliant platform was higher than the global average price by that margin, and the day before yesterday after 22 days it finally turned positive again. A bunch of people were still cheering "the US market is warming up," but today this index plummeted and turned negative, currently stuck at -0.0277%.

This thing actually reflects market sentiment quite well. When it turns from green to red it means the US side is starting to dump — either players got cold feet and don't want to continue taking risks, or big money is quietly withdrawing.

The US crypto market has always been treated as a weather vane, and a certain compliant platform's moves often drive retail followers. The previous round of market adjustments hasn't fully recovered yet, and now nobody dares to easily take over positions, afraid that entering the market means buying at the peak.

This wave of selling pressure came fast and terrifying, directly reversing short-term market expectations. Previously we were still hoping the US market could stabilize, but now can only consider how to defend first.

Whether this premium index can turn positive again next has become the key signal everyone is closely watching — it may hint at when the US crypto market can truly stop the bleeding.