The cryptocurrency market is open 24/7, but that doesn’t mean you can make the most profit at any time. Trading cryptocurrencies, like any asset, depends on liquidity, volatility, and participant activity. It’s important to know when the market is most active to get the most out of your trades. Below, we’ll look at the best time intervals for trading and give examples of popular coins.
Best Days of the Week for Cryptocurrency Trading
1. Monday - Time to get started
Monday is when traders return to the market after the weekend, and trading volumes begin to accumulate. For example, Bitcoin (BTC) and Ethereum (ETH) often experience increased trading volume on Monday mornings as traders react to news that may have come out over the weekend. If you are planning to buy these assets, Monday is a good time to look for favorable entry points.
2. Tuesday and Wednesday - Peak Activity
Tuesday and Wednesday are the days when liquidity in the market reaches its maximum. Institutional investors are active during this period, and stable trends can be observed. For example, if you are planning short-term trades with Cardano (ADA) or XRP, these are great days to trade. Increased liquidity reduces spreads, and trades are completed faster.
3. Thursday - Preparing for the weekend
Thursdays often see strong market movements as traders close their positions before Friday and the weekend. Trading coins like Solana (SOL) or Polkadot (DOT) can be especially profitable as reversals or corrections often occur on this day. This is an ideal time for traders looking to lock in profits on short-term fluctuations.
4. Weekends - High Volatility
Saturdays and Sundays are often associated with low liquidity and high volatility. While this can be risky for inexperienced traders, weekends can be a time for large price movements. Smaller-cap coins like Shiba Inu (SHIB) or Avalanche (AVAX) often move more sharply on weekends, creating opportunities for risk-averse traders.
Best Time of Day to Trade Cryptocurrencies
1. Asian session (00:00–09:00 UTC):
During the Asian session, less liquid cryptocurrencies such as Binance Coin (BNB) or Litecoin (LTC) may show moderate movements. This is a great time for those who prefer to trade with less volatility and those who use Asian news feeds to create trading strategies.
2. European session (07:00–16:00 UTC):
The European session is one of the most liquid and active for coins such as Ethereum (ETH) and Bitcoin (BTC). The morning in London is a time when you can find good opportunities to enter the market. For example, if you are a news trader, this time can be optimal for opening positions as new data and reactions to global events come into the market.
3. American session (12:00–21:00 UTC):
The US session is characterized by maximum activity, especially for coins such as Dogecoin (DOGE) or Polygon (POL). This time overlaps with the European session, which makes it the most volatile. If you are looking for sharp movements and want to use them in short-term strategies, evening UTC is a great time to trade.
Examples of trading popular coins
1. Bitcoin (BTC): The best time to buy Bitcoin is during the European or American session. During these hours, the Bitcoin price shows the strongest movements, which creates good opportunities for those who want to buy the asset on corrections.
2. Ethereum (ETH): Ethereum often sees more liquidity during the European session, especially in the morning. This is an ideal time to look for opportunities to buy or sell ETH depending on market conditions.
3. Solana (SOL): Solana often shows its biggest moves at the end of the week when the market closes positions before the weekend. If you are looking for short-term trades, Wednesday or Thursday may be the best time to trade SOL.
4. XRP: XRP often moves with the overall market trend, but periods of increased activity can be seen on Mondays, when the market begins to react to the news that has accumulated over the weekend. This is a good time to enter the market for those who trade on the news.
Recommendations for traders
Short-term traders: Trade during periods of high volatility and liquidity, such as the US session. You will be able to take advantage of fast market movements.
Long-term investors: Use corrections that occur early in the week or close to the weekend to enter the market with advantageous positions. For example, buying Bitcoin on Monday's correction can bring profits in the long run.
Conclusion
The best time to trade cryptocurrencies depends on your style and goals. The European and American sessions offer the most liquidity and volatility, which is good for active trading. Weekends can be good for those who are willing to take risks, but it is worth remembering about low liquidity. Depending on which coins you are trading, you can adapt your strategy to make the most of market fluctuations.