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星辰大海➠
Coinbase 比特币溢价指数连续 33 天负值，最新 -0.1259%，美国市场买盘确实偏弱，不愿意出高价接货。
但负溢价只是体温计，不是判决书。它说明美国这边资金偏冷，不直接等于价格要跌。
接下来盯两件事：现货 ETF 有没有资金回流，溢价能不能回到零轴上方。横盘的时候，谁在买比价格本身更值得看。
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