BTC drops after Asian session fails to provide its usual support

BTC crashed below $91,000 on Thursday, losing the usual support from the Asian session. Since October, Asian trading hours were the biggest source of buying and bullish sentiment. 

BTC crashed to $90,084.21 on Thursday, showing unusual weakness during the Asian trading session. The downturn arrived just after BTC had recovered quickly above $94,000, although the gains once again proved to be fragile. 

The recent downturn did not see panic or unusual volumes, but showed the Bitcoin climb to $100K may be fraught with short-term volatility. The recent price move kept the Fear and Greed index low at 29 points, while the volatility index remained near its yearly high at 2.47%. 

BTC peaked with an intraday high of $94,490 the day before, later dipping by 2.7% during the Singapore trading session. Bitcoin’s dominance dipped to 59.6%, while ETH and SOL also retreated to a lower range just after a brief breakout. 

Asian session supported BTC in the past months

Tracking the BTC gains in the past months revealed a pattern where most of the bearish trades and volatility reflected the European and US sessions. At the same time, trading in Asia usually added more gains, before they were wiped out by other traders. 

Asian trading hours are also one of the busiest for crypto as a whole, used to reposition funds for multiple coins and tokens. 

Since August 2025, Asian trading sessions provided the most gains, while US and European markets mostly logged daily drawdowns with active selling. 

Asian session gains dominated the market for most of 2025, though the US market also caused an occasional breakout. Yet during the past three months, US and European sessions caused a downturn most of the time. The pattern is also shifting trader sentiment, as they anticipate weakness during a part of the trading day. 

Will BTC hold above $90,000? 

The Asian session weakness caused a brief dip for Bitcoin below $90,000. The coin recovered later, but remained at a lower range. The next few hours will show if other markets will extend the gains, or shift the price direction. 

The narratives driving the US market are opposite of the sentiment during Asian sessions. The regional flow is seen as a key to BTC price support, although a shift to bullish attitudes in the US can also sway the price. 

The recent price drop followed the Fed’s decision to cut interest rates. However, the day’s big move did not come during US trading hours, but instead reflected the reaction of Asian traders. 

This trading setup has caused warnings that Bitcoin may start sliding unexpectedly, causing another wave of liquidations. The latest downturn caused $175M in long liquidations from BTC traders, with $377M in total long liquidations for other major assets. 

Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program