Coinbase Premium, an indicator reflecting the price difference of Bitcoin between Coinbase and Binance exchanges, has recorded a significant negative value. This suggests strong buying pressure on Binance despite Bitcoin's price stability.

The current upward trend indicates that for Bitcoin's price to see a significant increase, buying pressure must expand beyond the U.S., driven by FOMO (Fear of Missing Out) across global markets.

This movement is quite positive, signaling a robust and optimistic outlook for Bitcoin's future performance in the global market.