Market Overview: APTBTC Faces Bearish Pressure Amid Volatility Shift

Summary
• Price tested key resistance at 2.007e-05 and pulled back, forming a bearish harami.
• RSI approached overbought territory mid-day but closed with declining momentum.
• Volatility expanded in the morning before contracting toward the close.
• Volume spiked during the 20:30–21:00 ET range, confirming a pullback.
• A 61.8% Fibonacci retracement level at 1.91e-05 appears to be holding as support.

Aptos/Bitcoin (APTBTC) opened at 1.957e-05, reached a high of 2.027e-05, and a low of 1.88e-05, closing at 1.896e-05 by 12:00 ET. Total volume over 24 hours was 33,331.96 BTC, with a notional turnover of approximately $10,398,000, based on Bitcoin's average price over the same period.

Structure & Moving Averages

The 5-minute chart showed a bullish move from 19:15–20:30 ET, with price surpassing 2.007e-05 before rolling back. This tested the 20- and 50-period moving averages, which acted as dynamic resistance during the retracement. On the daily chart, the pair has been consolidating near the 50-day MA, indicating a potential pause in trend direction.

Momentum and Volatility Indicators

The RSI peaked near 65 mid-day but dropped to 52 by the close, indicating a pullback in buying momentum. MACD crossed bearishly in the afternoon, confirming the downward shift. Volatility, as seen in Bollinger Bands, expanded early in the session before narrowing, suggesting a period of consolidation. Price remained above the 20-period Bollinger Band lower bound but below the mean.

Volume and Fibonacci Levels

Volume spiked during the 20:30–21:00 ET time frame, coinciding with a sharp pullback from 2.027e-05. This volume confirmed the bearish reversal. Fibonacci retracement levels from the 19:15–20:30 ET rally show a 61.8% level at 1.91e-05, which coincided with a volume spike and price pause.

Looking ahead, APTBTC appears to be consolidating within a defined range. A break below 1.91e-05 may trigger a retest of earlier support levels near 1.89e-05. Investors should watch for volume confirmation during such a move, as divergence could indicate a false break.