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CryptoQuant Analyst: Coinbase premium has corrected to neutral, but bullish momentum from US funds has not yet been confirmed
CryptoQuant analyst Axel Adler posted on the X platform that the Coinbase premium index has rebounded from the previously negative range reflecting a collapse in demand from U.S. investors to a neutral to weak level. However, this indicator has not yet stabilized in the positive range, indicating that comprehensive bullish momentum from U.S. investors has not yet been confirmed, and market sentiment remains cautious.
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