BTC and ETH Coinbase Premium indices are rising! Both metrics have approached the 0 level on the hourly timeframe. As you can see, the screens remain red, indicating strong sell-side sentiment on the U.S. side. However, the metric on the hourly timeframe is nearing 0. In summary, bearish strength on the U.S. side is weakening in the short term. Do you think Bitcoin will close above its STH RP (68K) level amid the CPI increase?
Burak KesmeciShare
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