The Coinbase Premium Index for Bitcoin has turned negative for the first time since February, indicating selling pressure from U.S. investors and changes in market dynamics.
Cautious Waiting in U.S. Markets
Before the release of consumer price data in the U.S., investors are avoiding risk in the markets. A cautious stance is observed on the Nasdaq, which is also reflected in the cryptocurrency market. The shift of the Coinbase Premium Index into negative territory indicates changes in market dynamics.
Signs of Partial Recovery in International Markets
Signs of recovery are being observed internationally. Overnight, Bitcoin’s price increased from $94,900 to $96,000. This movement suggests that market participants are attempting balanced strategies. However, these gains may not be sustainable, and the uncertainty in the market has not been completely resolved.
Impact of Economic Data on the Market
For investors, volatility may emerge as a significant risk factor following the announcement of economic data. Market experts warn that the upcoming CPI data in the U.S. could lead to new fluctuations in cryptocurrency prices. During this period, it is essential to closely monitor market trends when determining strategy.
Experts emphasize that investor behavior is strongly influenced by market uncertainty. However, making sudden decisions based on a single indicator can be misleading. Investors are encouraged to assess the market with a holistic perspective and to focus on medium-term trends rather than short-term fluctuations.
