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If it doesn't it sure feel that way. Around 12am to 2am Japan time there will be a period of time where I simply cannot access Reddit.

That's likely to be a routing problem, related to your ISP or something in between. Reddit really is not down that much.

If it is because of that it sure isn't just me because Downdetector and RedditStatus also show blips in outage during those time.

Might be something unique to your own setup or location. Never noticed this myself in years.