Market Overview for APTBTC (Aptos/Bitcoin) on 2025-09-18

• Price action showed a bullish bias in the first half of the day followed by consolidation.
• RSI indicated overbought conditions in the afternoon but pulled back into neutral territory.
• High trading volume was concentrated during the price rise from 19:00 to 22:30 ET.
• Volatility increased with a 0.4% range between daily highs and lows.
• No strong reversal patterns emerged, suggesting trend continuation remains likely.

At 12:00 ET−1, APTBTC opened at 3.79e−05, reaching a high of 3.945e−05 and a low of 3.772e−05 before closing at 3.931e−05 as of 12:00 ET today. Total volume over 24 hours was 10,367.57, with notional turnover at 4.098.

Structure & Formations

Price action revealed a strong bullish impulse during the late afternoon and evening hours (19:00–22:30 ET), with a 0.9% upward move from 3.804e−05 to 3.945e−05. A notable bearish reversal pattern emerged at 23:30 ET, where a long upper wick and indecision signaled potential consolidation. A 15-minute doji at 23:45 ET further confirmed a temporary pause in momentum. Key support levels identified include 3.921e−05 and 3.876e−05, while resistance is currently at 3.945e−05 and 3.951e−05.

Moving Averages

On the 15-minute chart, price briefly crossed above the 20-period SMA during the late evening rally, confirming short-term bullish momentum. However, the 50-period SMA remained a barrier, with price failing to hold above it after 00:30 ET. On the daily chart, the 50-period SMA sits at ~3.895e−05 and acts as a dynamic support. The 200-period SMA is a major hurdle at ~3.850e−05, suggesting long-term buyers have control.

MACD & RSI

The 15-minute MACD showed a bullish divergence with price during the 20:00–22:30 ET rally, with both lines moving higher in tandem. However, after 23:30 ET, the MACD histogram began to contract, hinting at weakening bullish momentum. RSI reached overbought territory (70+) during the late-night rally but pulled back to 55 by 05:30 ET, suggesting a possible neutral phase ahead.

Bollinger Bands expanded during the 19:00–22:30 ET bullish surge, with price touching the upper band multiple times. The recent pullback has seen price consolidate within the bands, indicating reduced volatility and potential for a breakout.

Volume & Turnover

Volume spiked during the late afternoon and early evening, with a 15-minute bar at 19:00 ET showing over 1,000 units traded. Notional turnover mirrored this, peaking at 3.945e−05. However, volume began to wane after 23:00 ET, with several bars showing less than 50 units traded. A divergence between price and volume after 23:30 ET indicates a possible exhaustion of bullish momentum.

Fibonacci Retracements

Applying Fibonacci to the 19:00–22:30 ET bullish leg, the 38.2% retracement level sits at ~3.926e−05 and has been tested twice, once at 23:30 ET and again at 03:00 ET. The 61.8% level is at ~3.903e−05 and remains untested but could act as support if the current pullback continues. Daily Fibonacci levels show a key 50% retracement at ~3.885e−05, which may offer a floor in case of a broader correction.

Backtest Hypothesis

A potential backtesting strategy could use the 15-minute RSI and volume to identify overbought conditions followed by a volume contraction as a sell signal. For example, when RSI > 70 and volume begins to decrease after a bullish rally, it may indicate a bearish reversal is near. This would align with the observed behavior after 23:30 ET, where RSI declined from 75 to 60 while volume dropped below 100 units. A long entry could be considered when price retests key support levels with a bullish candlestick confirmation. This approach could be refined by incorporating a trailing stop at the 50-period SMA on the 15-minute chart to manage risk.