Flux/Bitcoin (FLUXBTC) Market Overview for 2025-09-10

• Price surged from 1.87e-06 to 2.10e-06 before consolidating at 1.92e-06.
• Strong volume spikes occurred during the 00:00–00:30 ET and 23:30–23:45 ET window.
• RSI showed overbought conditions before retracing, signaling potential bearish reversal.
• Bollinger Bands expanded mid-day, indicating rising volatility.
• Final 15-minute candle closed near the lower band, suggesting possible support at 1.92e-06.

At 12:00 ET, Flux/Bitcoin (FLUXBTC) opened at 1.87e-06, surged to a high of 2.10e-06, and closed at 1.92e-06, having traded a low of 1.87e-06 over the past 24 hours. Total volume reached 464,029.19 units, with notional turnover hitting $895.39.

Structure & Formations

The 24-hour OHLCV data reveals a distinct bearish reversal pattern following an aggressive 13% rally from 1.87e-06 to 2.10e-06. A sharp retracement began at 00:00 ET with a high of 2.10e-06, followed by a bearish engulfing pattern at 01:45 ET, which confirmed downward momentum. A key support level appears to form near 1.92e-06, where price has repeatedly closed in the last four hours.

Moving Averages

On the 15-minute chart, a bullish crossover occurred between the 20-period and 50-period moving averages during the late evening hours, aligning with the initial breakout. However, this has since reversed, with the 50-period MA now above the 20-period MA, signaling a potential bearish trend. For the daily chart, the 50-period MA appears above the 100 and 200-period MAs, suggesting mixed momentum.

MACD & RSI

MACD showed a bullish divergence early in the session, but the histogram turned bearish after 01:00 ET as bear volume picked up. RSI hit overbought territory at 75 near the top of the rally but has since retraced to a bearish level of ~46, suggesting a possible short-term bottom near 1.92e-06.

Backtest Hypothesis

A potential backtest strategy could involve entering long positions on a bullish crossover of the 20/50 MA line, with a stop-loss placed 3% below entry and a take-profit at 61.8% Fibonacci retracement of the prior 15-minute move. Given the current bearish divergence and RSI levels, a short bias could be tested by entering on a bearish engulfing candle and exiting on a bullish reversal.

Bollinger Bands

Volatility spiked during the initial breakout as Bollinger Bands expanded from 1.93e-06 to 2.10e-06. This expansion signaled increased uncertainty. The current price of 1.92e-06 sits near the lower Bollinger Band, suggesting a potential bounce or a test of support.

Volume & Turnover

The highest volume of 78,494.99 units occurred during the 00:00–00:15 ET window, coinciding with the price peak. This suggests strong short-term selling pressure following the overbought move. A divergence in volume and price appears in the last two hours, with declining volume despite a lower close, indicating weakening bearish momentum.

Fibonacci Retracements

Applying Fibonacci retracements to the 1.87e-06 to 2.10e-06 move, 61.8% (1.96e-06) appears to have acted as resistance, followed by a 38.2% retrace at 1.99e-06. The price is currently consolidating near the 50% level (1.985e-06), which could become a key decision point for the next 24 hours.

Over the next 24 hours, FLUXBTC could test the 1.92e-06 support level, with a potential rebound toward the 1.96e-06–1.98e-06 range. Traders should remain cautious of any further bearish momentum but watch for signs of reversal in RSI and volume.