Market Overview for Astar/Bitcoin (ASTRBTC) - 24-Hour Analysis as of 2025-10-03

• Astar/Bitcoin (ASTRBTC) traded in a narrow range, with minimal price movement and low volatility.• No clear candlestick patterns emerged due to flat price action and minimal volume participation.• On-balance volume and turnover suggest a lack of conviction in either bullish or bearish direction.• RSI and MACD show no momentum, indicating a consolidation phase in the pair.• A large-volume spike near 19:15 ET did not drive a breakout, reinforcing the current range-bound profile.

12:00 ET – 1 Day Summary

Astar/Bitcoin (ASTRBTC) opened at $0.00000019 on 2025-10-02 at 16:00 ET and closed at the same price on 2025-10-03 at 12:00 ET. The pair reached a high of $0.00000019 and a low of $0.00000018 during the 24-hour period. Total volume traded was 299,000.6, with a turnover of approximately $56.8 (notional value in USD equivalent).

Structure & Formations

The price action remained tightly consolidated throughout the 24-hour window, forming a narrow trading range between $0.00000018 and $0.00000019. No distinct candlestick patterns, such as engulfing or doji, were observed due to the minimal movement in both price and volume. The only notable event was a volume spike at 19:15 ET, which failed to trigger a breakout, suggesting indecision among traders.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages are nearly overlapping and sit just above the current price, indicating a neutral trend. On the daily chart, the 50-period MA is flat at $0.00000019, while the 200-period MA is also unchanged, reflecting no directional bias. This reinforces the idea that ASTRBTC is currently in a low-momentum, sideways phase.

MACD & RSI

The MACD histogram is centered around the zero line, with no clear divergence from the price, indicating no significant momentum. The RSI remains flat at around 50, suggesting a neutral zone without overbought or oversold conditions. This reinforces the lack of directional bias and the ongoing consolidation pattern.

Bollinger Bands

Bollinger Bands show a tight contraction, with the upper and lower bands only 0.00000001 apart. Price action remains near the center of the bands, indicating low volatility and no signs of an imminent expansion or breakout. The current contraction could signal a potential for increased volatility in the near future but has yet to materialize.

Volume & Turnover

Volume distribution is uneven, with a large spike at 19:15 ET (71,071.0 volume) and a massive turnover of 113,221.0 at 09:00 ET. Despite these spikes, the price did not break out of its range, which may indicate that liquidity or order book depth is shallow at current levels. The lack of sustained volume in follow-through periods suggests limited conviction in price direction.

Fibonacci Retracements

Fibonacci retracements drawn from the recent swing high of $0.00000019 to the swing low of $0.00000018 show that the price remains flat near the 50% level. There is no clear indication of a retest of key Fibonacci levels in the past 24 hours, and no immediate support or resistance appears to influence the price movement.

Backtest Hypothesis

Given the low momentum and lack of clear directional bias, a potential backtesting strategy could focus on breakout trades following a volume spike in a range-bound environment. The idea would involve entering a long or short position after a large-volume bar that breaks a defined range boundary, with a stop-loss just beyond the opposite range boundary. This approach relies on the assumption that volume spikes indicate genuine order flow and a higher probability of continuation. Since ASTRBTC has shown a few such volume spikes without breakouts in the last 24 hours, this could serve as a test for such a strategy in this market.