CryptoQuant analyst, Coinbase premium has corrected to neutral, but bullish momentum from US funds has not yet been confirmed

CryptoQuant analyst Axel Adler posted on the X platform, stating that the Coinbase premium index has rebounded from the previously negative range reflecting a collapse in demand from U.S. investors to a neutral to weak level. However, this indicator has not yet stabilized in the positive range, indicating that the overall bullish momentum from U.S. investors has not yet been confirmed, and market sentiment remains cautious.