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CryptoQuant Founder: Coinbase premium hits a 4-year low, market sentiment is pessimistic enough to be bullish

CryptoQuant founder Ki Young Ju posted on platform X that the Coinbase premium has hit a 4-year low. The last time this level occurred was after the FTX collapse in November 2022, when Bitcoin bottomed out; he believes that market sentiment has become pessimistic enough to be bullish.