In addition, one must also mention the arbitrage bots here. Even if there are differences in the different trading windows, this type of bots immediately takes advantage of the price difference, which leads to the prices being aligned again in the shortest possible time, especially for high-traffic coins like BTC.
So I also don't think that there is such a thing as a trading window in cryptos at all.
Arbitrage bots are making insane amount of money, they are making so much money on defi that it is basically not even real at this point. I have seen a bot working so fast that, as soon as someone trades on one pair, they handle all the other pairs and make that profit. It is really getting crazy at this point and that is why I think it is quite important to realize bots are what the real danger to the market and people are forgetting that.
We talk about Elon Musk, we talk about Tesla or amazon or Biden or paypal or whatever we want to talk about but the automatic parts of the crypto world are the real problem. Like for example people who get a loan from USDT collateral end up with losing all their money so their bitcoins are turned into USDT which causes bitcoin price to drop, billions of dollars with the same thing causes it to go down as well, all automatic.