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Jutt traders40
๐ $BTC Rally: Recovery or Exit Liquidity?
BTC's bounce toward $83K may be a relief rally rather than a real reversal.
๐ Coinbase Premium Signal:
* BTC has traded at a negative Coinbase premium for 39 straight sessions.
* The longest streak this year was 40 days.
* Premium widened from -0.1259% on Oct 26 to -0.17%.
๐ What It Means: US spot demand remains weak, while investors may be using rallies to take profits. Selling pressure is outweighing fresh buying#USMidtermsPolicyOutlook
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