Quant 表示，比特幣 Coinbase 溢價給出了潛在的買入訊號

一位量化分析師解釋了比特幣 Coinbase 溢價指數的最新趨勢如何意味著該資產的買入機會。

A quant has highlighted a possible buying indicator for Bitcoin (CRYPTO: BTC) as the latest trend in the Bitcoin Coinbase Premium Index could be signaling buying activity.

一位量化分析師強調了比特幣（CRYPTO：BTC）可能的購買指標，因為比特幣 Coinbase 溢價指數的最新趨勢可能預示著購買活動。

Coinbase Premium Index Drops To -0.221%

Coinbase 溢價指數跌至-0.221%

In a CryptoQuant Quicktake post, an analyst noted the latest development in the Bitcoin Coinbase Premium Index. The “Coinbase Premium Index” is an indicator that tracks the percentage difference between the BTC price on Coinbase (USD pair) and that on Binance (USDT pair).

在 CryptoQuant Quicktake 貼文中，一位分析師指出了比特幣 Coinbase 溢價指數的最新發展。 「Coinbase 溢價指數」是一個追蹤 Coinbase（美元對）和 Binance（USDT 對）上的 BTC 價格之間的百分比差異的指標。

When the value of this indicator is positive, it signifies that the cryptocurrency is trading at a higher price on Coinbase than on Binance. Such a trend suggests there is a higher buying pressure or a lower selling pressure present on the former as compared to the latter.

當指標的值為正值時，表示該加密貨幣在 Coinbase 上的交易價格高於 Binance 上的交易價格。這種趨勢表明，與後者相比，前者存在更高的買入壓力或更低的賣出壓力。

On the other hand, the indicator being below the zero mark suggests that Binance users are participating in a higher amount of buying than Coinbase ones as they have pushed BTC to a higher value there.

另一方面，該指標低於零大關表明，幣安用戶參與的購買量高於 Coinbase 用戶，因為他們將 BTC 推至更高的價值。

Now, here is a chart that shows the trend in the Bitcoin Coinbase Premium Index over the last few months:

現在，下面的圖表顯示了過去幾個月比特幣 Coinbase 溢價指數的趨勢：

As can be seen here, the Bitcoin Coinbase Premium Index has seen a sharp decline into the negative region recently, indicating the emergence of selling activity on Coinbase.

從這裡可以看出，比特幣 Coinbase 溢價指數最近急劇下跌至負值區域，顯示 Coinbase 上出現了拋售活動。

Interestingly, as this selling has occurred, the BTC price has also declined, suggesting that the negative premium may be a factor in the price decrease.

有趣的是，隨著這種拋售的發生，比特幣的價格也下跌了，這表明負溢價可能是價格下跌的一個因素。

Throughout the year, BTC’s price has followed the indicator in this manner, moving up and down with the shifts in buying and selling on Coinbase.

全年以來，BTC 的價格都以這種方式跟隨指標，隨著 Coinbase 上買賣的變化而上下波動。

The reason behind this relationship could be that Coinbase is known to host US-based institutional investors, who have had a strong presence in the market this year.

這種關係背後的原因可能是 Coinbase 因接待美國機構投資者而聞名，這些機構投資者今年在市場上表現強勁。

Hence, the Coinbase Premium Index turning red would naturally imply that these giant investors are selling. Considering that BTC’s price has been following the indicator, this would be a bearish signal for the asset.

因此，Coinbase 溢價指數變紅自然意味著這些巨頭投資者正在拋售。考慮到比特幣的價格一直遵循該指標，這對該資產來說將是一個看跌訊號。

However, there is another trend that could be indicating a different outcome for Bitcoin (CRYPTO: BTC).

然而，還有另一個趨勢可能預示著比特幣（加密貨幣：BTC）的不同結果。

As highlighted by the quant in the chart, the indicator has seen a rebound whenever its value has reached the -0.2% mark during the past year.

正如圖表中的定量分析所強調的那樣，在過去一年中，只要該指標的值達到-0.2%，就會出現反彈。

The reasoning behind this pattern could be that it’s usually around this level of selling that new buyers show up and decide to accumulate on the dip, pushing the indicator and the price up in the process.

這種模式背後的原因可能是，通常在這個拋售水平附近，新買家出現並決定逢低吸收，在此過程中推動指標和價格上漲。

Currently, the indicator’s value is at -0.221%, so it’s possible that Bitcoin could be close to reaching a bottom, if it hasn’t already formed one. Of course, this would only be the case if the institutional investors still believe in the bull run.

目前，該指標的值為-0.221%，因此，如果比特幣尚未形成底部，那麼它可能已接近觸底。當然，這只有在機構投資者仍然相信多頭市場的情況下才會出現。

BTC Price

比特幣價格

Bitcoin briefly fell below the $93,000 level on Wednesday, but it seems the coin has found a rebound as its price is now trading around $94,100 at the time of writing.

週三，比特幣一度跌破 93,000 美元的水平，但似乎已經反彈，因為在撰寫本文時其價格目前約為 94,100 美元。