I just saw that the Coinbase premium has turned negative, which means that the buying power on Binance is very strong. Although the price of Bitcoin on Coinbase is lower, the overall price has not changed much, which means that many people on Binance are buying crazily.
If Bitcoin wants to continue to rise, it may have to rely on the buying power of the global market, especially if the FOMO sentiment rises, the price may rush faster.
Overall, this trend feels very positive. What do you think?
