U.S. traders are exerting strong sell pressure on Bitcoin as the Coinbase Premium remains deeply negative, reflecting a significant market correction. Throughout November, the premium has stayed in negative territory, coinciding with Bitcoin's decline toward $84,500. The premium recently hovered near –0.06, indicating aggressive selling by U.S. spot buyers. This negative premium aligns with four consecutive weekly red candles for Bitcoin, highlighting a sharp regional divergence between U.S. and global markets. At one point, the premium gap reached nearly negative $90, adding strain to Bitcoin's market structure. U.S. trading hours have remained negative for most of the month, underscoring the weakened sentiment.