๐ LATEST: Since Bitcoinโs Sept. 21 breakout, the U.S. trading session has been a net seller, while all of BTCโs net gains have come outside U.S. hours, according to Glassnode.$SUI
What is happening?
โข U.S. trading hours have recorded net selling $ONDO
โข BTCโs net gains since Sept. 21 have come outside U.S. hours $ADA
โข The pattern highlights a divergence between U.S. and non-U.S. market activity
โข Traders are watching how regional flows influence Bitcoinโs price action
What this suggests
Bitcoinโs recent upside has been driven primarily by activity outside U.S. trading hours, pointing to different regional demand dynamics.
Market takeaway: The regional flow divergence could become an important signal for traders assessing the strength and sustainability of BTCโs latest move.
#Glassnode. #Bitcoinโ #US
What is happening?
โข U.S. trading hours have recorded net selling $ONDO
โข BTCโs net gains since Sept. 21 have come outside U.S. hours $ADA
โข The pattern highlights a divergence between U.S. and non-U.S. market activity
โข Traders are watching how regional flows influence Bitcoinโs price action
What this suggests
Bitcoinโs recent upside has been driven primarily by activity outside U.S. trading hours, pointing to different regional demand dynamics.
Market takeaway: The regional flow divergence could become an important signal for traders assessing the strength and sustainability of BTCโs latest move.
#Glassnode. #Bitcoinโ #US