Market Overview for Quant/Bitcoin (QNTBTC): September 25, 2025

• QNTBTC declined 1.09% in 24 hours amid bearish momentum and declining volume.
• A large bearish engulfing pattern formed overnight near 0.0008681–0.0008421.
• Volatility expanded as price dropped below the 20-period MA and into the Bollinger Band lower channel.
• RSI entered oversold territory below 30, while MACD showed bearish divergence.
• Turnover surged at 0.0008421, indicating a potential short-term pivot or exhaustion level.

24-Hour Price Action

Quant/Bitcoin (QNTBTC) opened at 0.0008569 on September 24 at 12:00 ET and closed at 0.0008088 on September 25 at 12:00 ET, marking a 1.09% decline. The pair reached a high of 0.0008689 during the session and a low of 0.0007985, with total volume of 99.01 and turnover of 80.96. The price action reflected a clear bearish bias, particularly after 01:00 ET when a sharp drop accelerated.

Structure & Formations

The session featured a notable bearish engulfing pattern from 0.0008681 to 0.0008421, suggesting a shift in momentum. A key support level emerged near 0.0008107–0.0008102, where price found a temporary floor. The 0.0008421 level appears as a critical psychological and technical pivot point, with price revisiting the level multiple times. A doji formed near 0.0008102, hinting at indecision or potential exhaustion on the short side.

Moving Averages & Bollinger Bands

On the 15-minute chart, the 20-period and 50-period MAs were both bearish, with price below both. The 20-period MA crossed below the 50-period MA, signaling a potential continuation of the downward trend. Bollinger Bands widened in the late hours, indicating rising volatility. Price closed near the lower band, reinforcing bearish pressure and hinting at potential oversold conditions.

MACD & RSI

The MACD line crossed below the signal line early in the session and remained bearish throughout, with a negative histogram. RSI dropped below 30 by the end of the session, suggesting oversold conditions, but without a clear rebound in price. This divergence could signal either a potential reversal or a continuation of bearish sentiment, depending on volume confirmation and follow-through buying.

Volume & Turnover

Volume and turnover surged at the 0.0008421 level, with a sharp increase in selling pressure during the early hours. The largest candle by volume occurred at 0.0008373–0.0008353, where price dropped nearly 0.4%. A divergence was observed between volume and price movement during the final hours—price showed minor recovery, but volume remained subdued, suggesting limited buyer participation. This may indicate a lack of conviction in the short-term recovery.

Fibonacci Retracements

Applying Fibonacci to the 15-minute swing from 0.0008689 to 0.0007985, price found support at the 61.8% level near 0.0008107–0.0008102. The 38.2% level at 0.0008306 was tested multiple times but failed to hold. Daily Fibonacci levels from prior swing highs and lows suggest further support at 0.0008000 and resistance at 0.0008450–0.0008470. These levels could serve as key decision points in the next 24 hours.

Backtest Hypothesis

The backtesting strategy in focus involves identifying bearish engulfing patterns on the 15-minute chart combined with a RSI crossing below 30 and a volume spike at key support levels. A long-term backtest would assess whether such a setup reliably predicts short-term price stabilization or reversal. Given the current context of QNTBTC, where these signals coalesced at 0.0008421 and 0.0008102, the hypothesis is that this confluence may offer a high-probability trading zone for short-term reversals. However, without a strong follow-through in volume, the outcome remains uncertain.