In this commentary, the speaker examines Bitcoin’s intraday price action by comparing the London session (the “London kill zone” from 2 am to 5 am) to the preceding Asia session. The key metric is the proportion of London trading volume that occurs above or below the Asia session’s mid‑range (the line drawn at the halfway point between Asia’s high and low). If most London volume trades below the Asia mid‑range, it signals a potential London breakout followed by a retrace and a New York continuation, suggesting a neutral‑to‑bullish daily bias. Conversely, if London volume trades above the Asia high, it reinforces a bullish bias; if it trades below the Asia low, it reinforces a bearish bias. The speaker notes that in the current market, the majority of London volume is below the Asia mid‑range, indicating a possible accumulation phase and the classic pattern of London breakout, retrace, and New York continuation. The analysis cautions against labeling the move as “manipulation” and instead emphasizes volume distribution as the primary diagnostic tool.
