@asce1

🚨 $BTC $88,979 (+0.85%), but Coinbase Premium Gap is deep red at -$57 Coinbase Premium Gap (price difference between Coinbase institutional and Binance retail exchanges.) is on its longest negative streak since the April correction. That is bearish institutional sentiment. SOPR (ratio identifying if spent coins were moved at profit/loss.) says loss selling: LTH 0.893, STH 0.998. MVRV Z Score (over or undervalued gauge) and Death Cross (short MA below long MA) are other lenses. Respect the flow. Not financial advice.

0 reply

0 recast

0 reaction