Around one hour before the Bitcoin price broke through the $51,000 level, Ki Young Ju, the CEO of South Korean blockchain analytics startup CryptoQuant, pointed that the “Coinbase Premium Index” had gone positive again, which is a bullish indicator. According to CryptoQuant, the higher the gap between the Coinbase price for Bitcoin (BTC-USD) and the Binance price for Bitcoin (BTC-USDT), the higher the premium, and thereby the stronger the spot buying pressure from Coinbase (which is the exchange most popular with investors in the U.S.).
You should put up links on where you do snip out these sentences for you to avoid plagiarism problems and might get banned.
https://www.cryptoglobe.com/latest/2021/02/bitcoin-breaks-51k-german-analyst-says-looks-as-if-bitcoin-is-eating-gold/
Dont know why these people do really love to compare Bitcoin to Gold.They're both different things and shouldnt be correlated.
About those Coinbase premium index if it does show that buying pressure then thats really a nice thing to know.