Market Overview for Aevo/Bitcoin (AEVOBTC) – September 14, 2025

• Price remained in a narrow range around 8.8e-07 with minimal directional bias.
• Volume spiked at 21:15 ET and 04:15 ET, coinciding with key price movements.
• MACD and RSI showed no significant momentum or overbought/oversold signals.
• Bollinger Bands constricted during quieter hours, indicating low volatility.
• Turnover and volume aligned with price moves but lacked confirmation of trend strength.

Aevo/Bitcoin (AEVOBTC) opened at 8.9e-07 on September 13 at 12:00 ET, reaching a high of 8.9e-07 and a low of 8.7e-07 before closing at 8.7e-07 on September 14 at 12:00 ET. Total volume traded over the 24-hour period was 22,645.23, with a notional turnover of ~$20.38 (assuming a $63,000 Bitcoin price for conversion purposes).

Structure & Formations

Price action remained confined between 8.7e-07 and 8.9e-07 for most of the period. A small bearish breakout occurred at 04:15 ET with a candle that formed a dark cloud cover pattern on the 15-minute chart, suggesting a potential reversal. However, this was not followed through, and the pair reconsolidated. No significant doji, engulfing, or hammer patterns emerged that would signal a high-probability reversal. Key support levels were identified near 8.8e-07 and 8.7e-07, while resistance was seen at 8.9e-07.

Moving Averages

The 20- and 50-period moving averages on the 15-minute chart remained closely aligned, with price fluctuating within a narrow band. On the daily timeframe, the 50/100/200-period MA lines were all closely grouped around 8.8e-07–8.9e-07, reflecting a neutral trend.

MACD & RSI

The MACD (12, 26, 9) oscillator showed minimal divergence, with the histogram hovering near zero and no clear bullish or bearish momentum. The RSI (14) hovered in the 40–60 range for most of the period, indicating neutral momentum. There were no overbought (>70) or oversold (<30) conditions, reinforcing the sideways consolidation.

Bollinger Bands

Bollinger Bands displayed a period of contraction during the quieter trading hours from 19:00 to 04:00 ET, suggesting low volatility. A mild expansion occurred around 21:15 ET and 04:15 ET when volume and turnover increased. Price remained within the bands for most of the day, indicating a lack of strong directional bias.

Volume & Turnover

Volume was mostly subdued, with spikes recorded at 21:15 ET (~6,342.62) and 04:15 ET (~1,916.47), matching notable price moves. Notional turnover was aligned with volume, showing no signs of divergence. The highest turnover occurred during the 21:15 ET and 00:45 ET candles, both of which marked the upper end of the range.

Fibonacci Retracements

Applying Fibonacci retracement levels to the 24-hour range (8.9e-07–8.7e-07), the 50% level is at 8.8e-07, where price consolidated for much of the period. The 61.8% level at 8.7e-07 was briefly tested and held on the final 15-minute candle. This level could act as a potential support or trigger further retests of the 8.8e-07–8.9e-07 range.

Backtest Hypothesis

A potential backtest strategy would involve entering long positions on a breakout above 8.9e-07 with a stop-loss below 8.8e-07, and short positions on a breakdown below 8.8e-07 with a stop above 8.9e-07. This strategy could be refined using MACD and RSI to filter false breakouts—only initiating trades when the MACD turns positive (for longs) or negative (for shorts) and RSI is above 50 for longs or below 50 for shorts.