3 hours left before the opening of the Asian session. Why is it important?
To begin with, what is an Asian, European, American session? . .
This is the time of peak trading activity in the market. Since cryptocurrency can be traded 24/7, the sessions are conditional, but they play an important role in shaping the market day.
It is traditionally believed that during the beginning of the Asian session, the cryptocurrency experiences major changes, just like the opening of New York and London. During the Asian session, the cryptocurrency liquidity accumulated during the day, created during the European and American trading sessions, is usually reset.
And now to the main thing: why. This. important.
Against the backdrop of a fall in the unique price of the US financial fund, the cryptocurrency is unable to cope with the flow of jumps downwards and after the recent peak caused by the period of recovery and the launch of the ETF (solana), it went sharply down, two 4-hour tops with a low threshold have already been closed and the most bearish outcome is possible . . . . unless the Asians change the situation. Stay tuned, we are on the verge of one of the greatest events in history
cryptocurrencies! The main thing is not to give in to emotions and look to the future!