Analyst: Coinbase Bitcoin Premium Index briefly turns positive, U.S. buying shows some recovery

CryptoQuant analyst Axel Adler stated that when the price of Bitcoin reached $65,890, the USDT-adjusted Coinbase premium index briefly turned positive, indicating an increase in demand from American investors.

However, the indicator has now returned to a neutral range, suggesting that while buyers have entered the market, a sustained dominant advantage has not yet formed.