An interesting signal has arrived regarding #数字货币市场回升 . The BTC premium index of a certain compliance platform has finally turned positive, and it’s worth noting that this thing has been falling for a full month.

What does a positive premium index mean? In simple terms, it means that the trading price of Bitcoin on this platform has started to be higher than the average price in other markets. This is usually interpreted as a signal that institutional funds or American retail investors are beginning to buy actively.

Over the past thirty days, this index has been hovering in negative territory, reflecting cautious market sentiment. Now, with a sudden turn and in conjunction with the overall recovery of the crypto market, it may signal the formation of a new capital inflow cycle.

Of course, a single indicator cannot explain all problems. But for friends who focus on on-chain data and market microstructure, this is definitely a noteworthy time node.