Woofun AI data shows that the Coinbase Bitcoin Premium Index has remained in negative territory for 62 consecutive days, from May 19 to July 19. The latest reading stands at -0.0633%, breaking the previous record of 40 consecutive negative days recorded between January 16 and February 24 this year. This duration exceeds the roughly 30-day negative streak observed during the "1011 crash". Historical patterns indicate that extended negative premiums often align with the withdrawal of US institutional capital, suggesting caution regarding short-term correction pressures.