Bitcoin's showing some encouraging momentum here. What's catching attention is how the exchange premium metric is attempting to flip from negative territory—where it's been sitting for the past month—into positive waters.

This shift matters. When large exchanges see institutional flows moving from outflows to inflows, it typically signals the broader market sentiment is getting healthier. The groundwork suggests we might be witnessing an early turning point.

These technical crossovers often precede larger directional moves. Worth monitoring closely as this develops.