Market Overview: APTBTC on 2025-09-25

• APTBTC declined 2.3% over 24 hours, closing near the session low at 3.672e-05.
• Volatility expanded with a 15-minute range of up to 3.795e-05 to 3.629e-05.
• Volume surged after 5 AM ET, aligning with price declines.
• RSI and MACD signaled weakening momentum, with RSI dipping below 40.
• A bearish engulfing pattern appeared at 00:30 ET as price dropped from 3.735e-05 to 3.719e-05.

Aptos/Bitcoin (APTBTC) opened at 3.794e-05 on 2025-09-24 at 12:00 ET and closed at 3.672e-05 the following day at the same time. The 24-hour range was between 3.795e-05 and 3.629e-05, with a total trading volume of 13,594.43 and notional turnover of 0.497 BTC. The pair showed consistent bearish momentum, especially in the early hours of the session.

The structure of the candlestick pattern indicates strong bearish control. A notable bearish engulfing pattern appeared at 00:30 ET, confirming a reversal from a prior consolidation phase. The price then broke below a key support level at 3.719e-05 and continued lower. A doji formed at 04:00 ET, indicating indecision, followed by another bearish decline. Key support levels emerged at 3.719e-05 and 3.688e-05, with 3.644e-05 acting as a critical level after a large bearish candle at 12:30 ET.

The 15-minute moving averages (20 and 50-period) crossed below price early in the session, reinforcing the bearish trend. The 50-period line dipped below the 20-period line, confirming a short-term bearish crossover. The 50-period MA ended the session at 3.706e-05, while the 20-period MA was at 3.696e-05. On the daily chart, the 50/100/200 MA lines were not provided, but the 15-minute averages suggest continued bearish momentum.

MACD crossed into negative territory in the early hours of the session, with the histogram showing expanding bearish momentum. The RSI line dropped below 40 and approached oversold territory at 27.3, suggesting potential for a short-term bounce but not a reversal. Bollinger Bands widened as the price dropped, with the low of 3.629e-05 falling below the lower band, indicating increased volatility and bearish pressure.

Fibonacci retracements from the key high at 3.795e-05 to the low at 3.629e-05 show price testing the 61.8% level (3.678e-05) and closing slightly below it. On the 15-minute chart, the price has tested the 38.2% retracement (3.743e-05) multiple times, indicating a confluence of resistance and support levels.

Volume spiked significantly between 5 AM and 7 AM ET, particularly around the large bearish candle at 05:00 ET with a volume of 5,999.01. This suggests strong seller participation during the key breakdown phase. Notional turnover also increased during this time, confirming the bearish pressure. However, a divergence between price and volume after 9 AM ET suggests some exhaustion in the bearish move.

Backtest Hypothesis: A strategy entering short positions on bearish engulfing patterns confirmed by RSI below 40 and MACD in negative territory could have captured the decline from 3.735e-05 to 3.719e-05 and the subsequent drop to 3.629e-05. Stop-loss placement above key resistance at 3.743e-05 and 3.757e-05 would have managed risk effectively. This aligns well with the observed candlestick behavior and technical indicators.