Summary of the rise and fall patterns in the last week of the most popular currencies.
Bitcoin (BTC): Rise Hours
1. Mornings UTC (2:00 AM - 4:00 AM):
- Greater activity in Asian markets, especially China and South Korea, driving the price.
- Increase observed on December 19 between these hours, rising more than 2%.
2. Afternoons UTC (3:00 PM - 5:00 PM):
- Coincides with the opening of the markets in the United States.
- Significant increase on December 21 after favorable announcements related to Bitcoin ETFs.
Bitcoin (BTC): Fall Hours
1. Nights UTC (9:00 PM - 12:00 AM):
- Decrease in trading volume after the closing of U.S. markets.
- Drop of more than 3% on December 20 during this time frame.
2. Weekends (6:00 AM - 10:00 AM UTC):
- Reduced volume, which increases volatility and generates drops.
- Drop of 5% on December 17 due to low activity.
Ethereum (ETH): Rise Hours
1. Mornings UTC (4:00 AM - 6:00 AM):
- Reaction to technological news and announcements of improvements in the network.
- Increase of 2.5% on December 18 after an update.
2. Afternoons UTC (3:00 PM - 6:00 PM):
- Activity synchronized with Bitcoin and American markets.
- Increase of 3% on December 20 after movements in BTC.
Ethereum (ETH): Fall Hours
1. Nights UTC (10:00 PM - 1:00 AM):
- Low activity and heightened volatility.
- Drop of 4% on December 19 during these hours.
2. Weekends (5:00 AM - 9:00 AM UTC):
- Similar to Bitcoin, less volume generates negative volatility.
- Drop of 3.8% on December 16.
Price movements are influenced by the opening and closing of global markets and significant events.
- Rises: Mainly during the opening of Asian and American markets.
- Falls: More common during nighttime UTC hours and weekends.
