Market Overview for APTBTC on 2025-11-01

• APTBTC closed lower at 2.994e-05 after testing a 3.032e-05 intraday high, with volume surging post-noon ET.
• RSI dipped into oversold territory in the early session before a late recovery attempt failed.
• Bollinger Bands show a moderate expansion, with price closing near the upper band in the final hours.
• A bearish engulfing pattern emerged in the 16:45–17:00 ET 15-minute candle, suggesting bearish momentum.
• Fibonacci retracement levels at 3.005e-05 and 2.983e-05 appear to act as key psychological resistance and support.

Aptos/Bitcoin (APTBTC) opened at 2.985e-05 at 12:00 ET–1, reaching a high of 3.032e-05 and a low of 2.942e-05 before settling at 2.994e-05 at 12:00 ET. Total volume amounted to 16,525.29 and notional turnover stood at 4.87, based on the 24-hour dataset. Price action showed moderate volatility with a late push higher that ultimately failed to hold.

On the 15-minute chart, APTBTC formed a bearish engulfing pattern in the 16:45–17:00 ET candle, confirming a shift in momentum to the downside. A 20-period moving average crossed below the 50-period line near the session low, reinforcing the bearish bias. Meanwhile, the 50-period daily MA remains above the 200-period line, suggesting medium-term bullish potential despite the short-term weakness.

The RSI indicator bottomed in the 25–30 range early in the session, suggesting oversold conditions, but failed to break the 50 threshold as bears regained control. MACD remained negative for most of the session, with the histogram showing a moderate divergence from price in the final hours. Bollinger Bands widened midday as volatility increased, and the closing price near the upper band at 12:00 ET suggests a potential pullback may be due.

Fibonacci retracement levels drawn from the session’s high to low show that the 38.2% level at 3.005e-05 and the 61.8% level at 2.983e-05 acted as key resistance and support during the final hours. A failure to break above 3.005e-05 in the next 24 hours could increase the likelihood of a retest of the session’s low. Traders should remain cautious of volume divergence in the 09:45–10:00 ET period, where high volume failed to push price higher, suggesting waning bullish conviction.

The backtest hypothesis involves a 5-day holding strategy based on closing prices and 20/50-period moving average crossovers. This aligns with the observed bearish MA crossover in the 15-minute chart and the RSI divergence discussed earlier. The strategy assumes no stop-loss or take-profit parameters, which fits the observed price pattern where APTBTC declined after a brief recovery in the final hours. The backtest results, including equity curve and performance metrics, can provide further insight into the viability of such a system under recent volatility conditions.