🚨 Why does Bitcoin always drop sharply at 10 AM when the US market opens?
According to Bull Theory - a macro analysis channel with 48k Followers
Today, as soon as the US market opened, Bitcoin wiped out 16 hours of gains in just 20 minutes.
In fact, since the beginning of November until now, BTC has almost always dropped right after the market opens. This also happened in Q2 and Q3.
The channel @zerohedge has mentioned this many times and suspects that Jane Street — one of the world's largest trading firms — is behind it.
Looking at the chart, the pattern is very clear: As soon as the US market opens → BTC is heavily sold in the first hour, After that → the price slowly recovers. This is typical behavior of high-frequency trading firms (HFT). And it matches how Jane Street typically operates: They are extremely fast and have large capital, Enough to move the market within minutes. The strategy seems very simple: Sell BTC heavily right at the open. Push the price down to areas with high liquidity. Buy back at a lower level. Repeat every day.
Thanks to this, they have accumulated BTC at cheap prices for a long period. Currently, Jane Street is holding $2.5 billion worth of BTC through BlackRock's IBIT ETF — among their top 5 largest assets.
👉 This shows that most of the recent dumps are not due to a weak market, but because a major player is deliberately creating volatility to accumulate assets.
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🚨 Why does Bitcoin always drop sharply at 10 AM when the US market opens?
According to Bull Theory - a macro analysis channel with 48k Followers
Today, as soon as the US market opened, Bitcoin wiped out 16 hours of gains in just 20 minutes.
In fact, since the beginning of November until now, BTC has almost always dropped right after the market opens. This also happened in Q2 and Q3.
The channel @zerohedge has mentioned this many times and suspects that Jane Street — one of the world's largest trading firms — is behind it.
Looking at the chart, the pattern is very clear:
As soon as the US market opens → BTC is heavily sold in the first hour,
After that → the price slowly recovers.
This is typical behavior of high-frequency trading firms (HFT). And it matches how Jane Street typically operates:
They are extremely fast and have large capital,
Enough to move the market within minutes.
The strategy seems very simple:
Sell BTC heavily right at the open.
Push the price down to areas with high liquidity.
Buy back at a lower level.
Repeat every day.
Thanks to this, they have accumulated BTC at cheap prices for a long period.
Currently, Jane Street is holding $2.5 billion worth of BTC through BlackRock's IBIT ETF — among their top 5 largest assets.
👉 This shows that most of the recent dumps are not due to a weak market, but because a major player is deliberately creating volatility to accumulate assets.
And when they finish accumulating, BTC will continue its upward trend.
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