Everything on Regional Demand

US demand has shifted from selling to buying, as evidenced by the positive Coinbase premium. This regional demand support is crucial for price resilience in a global bear market.

Impact: Positive US demand signals can drive price strength and attract global investors, potentially accelerating market recovery.

— from On-Chain Signals Indicate Bitcoin Bear Market Stabilization · The Milk Road Show· Mar 13, 2026

The Coinbase premium has turned negative, indicating that US investor demand is currently weaker than demand in other global markets.

Impact: Since US demand has historically driven bull markets, the current discount suggests that domestic investors are not yet participating in the dip, limiting the potential for a broad-based rally.

— from Crypto Bear Market: On-Chain Data Signals Weakness · The Milk Road Show· Feb 02, 2026