I noticed an interesting signal on the chart — the premium index for American Bitcoin traders has been in the negative zone for 40 consecutive days. This is the longest period of such weakness since 2023, and it says a lot about the sentiment in the USA.

It started after the crash on February 5, when the price fell to its lows. At that time, it seemed that American investors should have bought the dip, as they usually do. But no — even when Bitcoin rose 15% from that February 5 low and went above $62 thousand, the premium did not change sign. This indicates that most of the buying happened in other time zones, not in the US.

The current premium is about -0.05%, slightly better than -0.22% at the beginning of the month, but still far from positive levels that usually accompany serious accumulation. Previously, such a period lasted about 30 days in October 2025, but then a sharp rebound brought Americans back into the market. This time, after February 5, the situation has changed — there is a rebound, but no US interest.

Interestingly, Google search queries for the phrase "bitcoin zero" in the US have reached record levels. Globally, this term is searched steadily, but Americans suddenly started showing massive interest in this question. This indicates growing skepticism specifically among US-based investors, unlike the rest of the world.