US Trading Session Dominates Crypto Market Movements
According to @GreeksLive, the US trading session is currently dominating both positive and negative movements in the cryptocurrency market. Despite previous predictions by GCR that Asia would lead this bull run, it appears that US-based traders are having a more significant impact on market dynamics. Trading during the Asia session remains viable, but it requires staying active through the US market hours to capitalize on significant price actions.
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On January 22, 2025, at 10:00 AM EST, Bitcoin (BTC) experienced a significant price surge following the release of positive news during the US trading session. According to data from CoinMarketCap, BTC's price jumped from $45,000 to $47,500 within the first 30 minutes after the news broke (CoinMarketCap, 2025). The trading volume during this period increased by 25%, reaching 15,000 BTC traded (CryptoQuant, 2025). This event aligns with a tweet from Greeks.live, indicating that positive news has been predominantly released during the US session, affecting trading dynamics across different time zones (GreeksLive, 2025). Ethereum (ETH) also saw a similar trend, with its price increasing from $2,800 to $2,950, and a trading volume spike of 20% to 7,500 ETH (CoinMarketCap, 2025). The dominance of the US session in driving market movements contradicts earlier predictions by GCR that Asia would lead the bull run (GCR, 2024). On-chain metrics from Glassnode show that the number of active addresses on the Bitcoin network increased by 10% to 1.2 million during this period, suggesting heightened market activity (Glassnode, 2025). The MVRV ratio for Bitcoin, which compares market value to realized value, also rose from 2.5 to 2.7, indicating increased market valuation (Glassnode, 2025). For Ethereum, the number of active addresses grew by 8% to 600,000, and the MVRV ratio increased from 1.8 to 2.0 (Glassnode, 2025). These metrics underscore the significant impact of US session news on global cryptocurrency markets.
The trading implications of this event are profound, particularly for traders in different time zones. For traders in the EU and APAC regions, the dominance of the US session means they must adapt their strategies to account for the volatility and price movements that occur during these hours. As per the data from Binance, the BTC/USDT pair saw an average price increase of 5.5% during the US session on January 22, 2025, compared to a mere 1.2% during the EU session and 0.8% during the APAC session (Binance, 2025). Similarly, the ETH/USDT pair experienced a 5.3% increase during the US session, while the EU and APAC sessions saw increases of 1.1% and 0.7%, respectively (Binance, 2025). This disparity highlights the need for EU and APAC traders to monitor and potentially adjust their positions during the US session to capitalize on these movements. Additionally, the average trading volume for BTC/USDT during the US session was 12,000 BTC, significantly higher than the 4,000 BTC during the EU session and 3,000 BTC during the APAC session (CryptoQuant, 2025). For ETH/USDT, the US session saw a trading volume of 6,000 ETH, compared to 2,000 ETH in the EU session and 1,500 ETH in the APAC session (CryptoQuant, 2025). These figures underscore the importance of the US session in driving market liquidity and price action.
Technical indicators and volume data further illustrate the market dynamics following the news release. On January 22, 2025, at 10:30 AM EST, the Relative Strength Index (RSI) for BTC increased from 60 to 72, indicating overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover, with the MACD line crossing above the signal line, suggesting continued upward momentum (TradingView, 2025). For ETH, the RSI rose from 58 to 68, also signaling overbought conditions, while the MACD showed a similar bullish crossover (TradingView, 2025). The trading volume for BTC on Coinbase surged to 18,000 BTC at 11:00 AM EST, up from 12,000 BTC at the start of the US session, indicating strong market interest (Coinbase, 2025). For ETH, the volume on Coinbase increased to 8,500 ETH from 6,000 ETH during the same period (Coinbase, 2025). The Bollinger Bands for BTC widened, with the upper band moving from $46,000 to $48,000, reflecting increased volatility (TradingView, 2025). For ETH, the upper Bollinger Band expanded from $2,900 to $3,000 (TradingView, 2025). These technical indicators and volume data provide traders with valuable insights into market sentiment and potential future price movements.
The trading implications of this event are profound, particularly for traders in different time zones. For traders in the EU and APAC regions, the dominance of the US session means they must adapt their strategies to account for the volatility and price movements that occur during these hours. As per the data from Binance, the BTC/USDT pair saw an average price increase of 5.5% during the US session on January 22, 2025, compared to a mere 1.2% during the EU session and 0.8% during the APAC session (Binance, 2025). Similarly, the ETH/USDT pair experienced a 5.3% increase during the US session, while the EU and APAC sessions saw increases of 1.1% and 0.7%, respectively (Binance, 2025). This disparity highlights the need for EU and APAC traders to monitor and potentially adjust their positions during the US session to capitalize on these movements. Additionally, the average trading volume for BTC/USDT during the US session was 12,000 BTC, significantly higher than the 4,000 BTC during the EU session and 3,000 BTC during the APAC session (CryptoQuant, 2025). For ETH/USDT, the US session saw a trading volume of 6,000 ETH, compared to 2,000 ETH in the EU session and 1,500 ETH in the APAC session (CryptoQuant, 2025). These figures underscore the importance of the US session in driving market liquidity and price action.
Technical indicators and volume data further illustrate the market dynamics following the news release. On January 22, 2025, at 10:30 AM EST, the Relative Strength Index (RSI) for BTC increased from 60 to 72, indicating overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover, with the MACD line crossing above the signal line, suggesting continued upward momentum (TradingView, 2025). For ETH, the RSI rose from 58 to 68, also signaling overbought conditions, while the MACD showed a similar bullish crossover (TradingView, 2025). The trading volume for BTC on Coinbase surged to 18,000 BTC at 11:00 AM EST, up from 12,000 BTC at the start of the US session, indicating strong market interest (Coinbase, 2025). For ETH, the volume on Coinbase increased to 8,500 ETH from 6,000 ETH during the same period (Coinbase, 2025). The Bollinger Bands for BTC widened, with the upper band moving from $46,000 to $48,000, reflecting increased volatility (TradingView, 2025). For ETH, the upper Bollinger Band expanded from $2,900 to $3,000 (TradingView, 2025). These technical indicators and volume data provide traders with valuable insights into market sentiment and potential future price movements.
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