Market Overview for AdEx/Bitcoin (ADXBTC) on 2025-12-15

Summary
• Price declined 3.5% over 24 hours with a bearish breakdown below key 5-minute support.
• Low volume in early session; sharp 5-minute sell-off at 23:45 ET drove 0.9% drop.
• RSI in oversold territory, but no clear reversal signs—potential for further downside.

AdEx/Bitcoin (ADXBTC) opened at 1.13e-06 on 2025-12-14 at 12:00 ET and closed at 1.08e-06 on 2025-12-15 at 12:00 ET. The pair reached a high of 1.13e-06 and a low of 1.07e-06. Total volume was approximately 268,475 BTC, with a turnover of roughly $292.

Structure & Formations

ADXBTC broke below a key 5-minute support at 1.11e-06 during the late ET hours, confirmed by a bearish engulfing pattern at 23:45 ET. A doji formed at 01:15 ET as the price briefly recovered before resuming the decline. The 20- and 50-period moving averages on the 5-minute chart were bearishly aligned, with the price well below both, reinforcing the downward bias.

MACD & RSI

The 12/26 MACD showed a bearish crossover early in the session, with the line trending below the signal line. RSI fell into oversold territory below 30 by late morning ET but failed to show a bullish divergence, suggesting the downtrend may persist. Momentum appears to have been sustained by consistent bearish momentum throughout the session.

Bollinger Bands

Price remained near the lower Bollinger Band for most of the session, with a volatility contraction evident in the narrowing of the bands during mid-ET hours. The final 2–3 hours saw the bands widening slightly, indicating a potential shift in sentiment, though the direction remained bearish.

Volume & Turnover

Volume was unusually low in the first 3 hours, with nearly zero activity. A sharp spike occurred at 23:45 ET and again at 00:00 ET, corresponding to the two largest price drops. Turnover confirmed the volume spikes, showing strong bearish conviction during those intervals.

Fibonacci Retracements

On the 5-minute chart, the 61.8% retracement level of the prior bullish swing sat at 1.11e-06, which was pierced during the 23:45 ET candle. On the daily chart, the 50% retracement of the larger bearish trend is currently at 1.08e-06, which ADXBTC has just tested. Further movement below this level could trigger deeper bearish moves toward the 61.8% level at ~1.06e-06.

ADXBTC may continue to test lower support levels in the next 24 hours if short-term bearish momentum holds. Investors should be cautious about entering longs without a confirmed reversal above 1.09e-06 and a breakout above the 5-minute 20 EMA. Volatility may increase if the price breaks below the recent 5-minute low at 1.07e-06.