"#BTC Coinbase Premium Converges, Suggests Volatility" 

Convergence of Coinbase premium prices can bring about great volatility in Bitcoin prices. 

A recent 1-hour chart of Coinbase Premium shows that the fluctuations are shrinking and the top and bottom are triangulating close to zero. 

This means that the gap between the price of Bitcoin between Coinbase and Binance is narrowing and finding the right price, and it sends a message that the overall direction of the price of Bitcoin will soon be determined. 

In the movement of the long adjustment during the bull market in 2021-2022, you can see the Coinbase premium drawing a similar pattern of triangular convergence. Since then, the price of Bitcoin has risen significantly and reached a new high. 

I think the triangular convergence pattern of the current Coinbase premium price is also a war of wits for whales to determine the direction of the next trend.