In a positive turn of events for the blockchain industry, the Coinbase premium is on the rise once again. This is an encouraging sign for the market, as it indicates a resurgence of buying patterns typically associated with Exchange Traded Fund (ETF) market makers.

Although the current premium level has not reached its previous peak of $200-300 seen during the acceleration phase, the re-emergence of these buying patterns is a promising indication of market recovery.

This analysis is based on on-chain data and market trends, providing a comprehensive view of the current state of the cryptocurrency market. The increasing Coinbase premium, coupled with the return of ETF market maker buying patterns, paints an optimistic picture for the future of the blockchain industry.

In conclusion, despite the volatility inherent in the cryptocurrency market, current data suggests a positive trend. The blockchain industry, it appears, is showing signs of resilience and potential growth.