Coinbase Premium Index Signals Retail Selling Pressure as BTC Drops Below $94K
Bitcoin struggles as it trades under $95,000. The recent shift has led to a negative Coinbase Premium Index, indicating retail selling pressure. Despite increased institutional adoption through ETFs, retail confidence appears shaken. Investors need to analyze these shifts to understand market dynamics better. Watching how BTC responds to this situation will be crucial. Maintaining an informed perspective helps navigate the evolving crypto market effectively.