In my personal opinion published yesterday, I emphasized the differences in BTC performance between the Asian time zone and the American time zone. Indeed, BTC has performed quite steadily during the Asian time period recently, even showing a trend of gradual increase, whereas once it enters the American time zone, it faces significant challenges, and price fluctuations become considerably larger. This difference may stem from two aspects.

On one hand, there is rarely any selling behavior in the Asian time zone. Many investors believe that Asian investors have not fully participated in this bull market, and the amount of BTC they hold is limited, therefore lacking the ability to crash the market.

On the other hand, Asian investors hold a more optimistic attitude towards the future of BTC. They tend to purchase BTC in large quantities during the Asian time zone, and this increased purchasing power makes the price of BTC more stable during the Asian period, and it may achieve an increase.