Headline: Bitcoin’s price shows a regional tug-of-war — Asia steadying dips, but on-chain data says buyers aren’t piling in Key takeaway: Asian trading hours have been absorbing recent Bitcoin pullbacks and delivering modest gains, while U.S. and European sessions are exerting most of the downside pressure. But on-chain indicators suggest this is stabilisation, not a fresh accumulation phase. What’s happening - Session-level return data (Velo) reveals a clear divergence: APAC trading hours have produced consistent, if modest, positive returns, whereas U.S. and European sessions have trended lower and seen larger drawdowns. - The pattern implies Asian participants are less reactive to short-term weakness, helping contain follow-through selling during their hours. However, those gains are incremental — stabilising price action rather than sparking aggressive dip-buying. On-chain context - Glassnode’s Bitcoin Accumulation Trend Score has shifted from clear accumulation earlier in the year to neutral or mild distribution more recently. That indicates both large and small holders are not materially increasing exposure at current prices. - Combined with the session data, the picture is one of selective dip absorption by regional flows rather than a broad-based return of conviction among holders. What it means for the market - Asia’s relative resilience is acting as a stabiliser, preventing sharper breakdowns, but it’s not driving a sustained recovery. - Western sessions are contributing to choppy price action by trimming risk exposure amid lingering uncertainty. - Until accumulation metrics improve and participation broadens, Bitcoin’s near-term structure looks likely to remain range-bound, with regional trading hours smoothing moves rather than creating a clear trend. Sources: Velo (session return tracking), Glassnode (Accumulation Trend Score). Disclaimer: This content is informational and not investment advice. Cryptocurrency trading carries high risk — do your own research before making decisions. © 2025 AMBCrypto Read more AI-generated news on: undefined/news