Market Overview for Aptos/Bitcoin (APTBTC) as of 2025-10-29 12:00 ET

• APTBTC declined 0.54% over 24 hours, with bearish momentum evident in oversold RSI and declining volume.
• Key resistance appears at 3.027e-5, with support likely at 2.946e-5, based on Fibonacci and candlestick structure.
• Volatility increased mid-day, but volume failed to confirm key breaks, suggesting indecision among traders.
• Bollinger Bands expanded during a mid-day sell-off, with price retesting the lower band as a potential floor.
• MACD turned negative, aligning with bearish price action, though divergence was not observed in volume or turnover.

Aptos/Bitcoin (APTBTC) opened at 3.01e-5 on 2025-10-28 at 12:00 ET and closed at 3.027e-5 at 12:00 ET on 2025-10-29. The pair touched an intraday high of 3.027e-5 and a low of 2.946e-5. Total volume for the 24-hour window was 44,319.49 units, with a notional turnover of approximately $1,335 (based on BTC price).

Structure on the 15-minute chart showed a bearish bias, with a key intraday low at 2.946e-5 acting as a strong support level. A potential resistance is forming around 3.027e-5, marked by prior rejection and a Fibonacci 61.8% retracement level from a recent downswing. A morning bearish engulfing pattern followed by indecisive doji and a long lower wick in the afternoon suggested a potential bottoming process.

MACD turned negative as bearish momentum took over, and RSI reached oversold territory (below 30), hinting at a possible near-term rebound. However, volume failed to confirm the morning sell-off, and subsequent retests of the 3.015e-5–3.027e-5 range showed signs of exhaustion. Bollinger Bands expanded during the mid-day selloff and later contracted, signaling a possible range-bound setup.

A 24-hour MACD chart would show the line dipping below the signal line, confirming bearish momentum. RSI would display a bounce off the 30-level, potentially suggesting a short-term buying opportunity. A Bollinger Bands chart would highlight the expansion during the mid-day low and contraction following the retest of 3.015e-5.

Backtest Hypothesis

The proposed RSI-based backtesting strategy—buying on oversold levels (RSI < 30) and selling on overbought (RSI > 70)—could have provided a reasonable framework for trading APTBTC, particularly in a range-bound environment. However, due to the data error encountered in retrieving the RSI for this pair, an accurate backtest could not be executed.

As a workaround, using an alternative pricing leg (e.g., APTUSDT) or confirming the correct ticker format (e.g., APTBTC-BINANCE) would allow for a more robust backtest. This is especially relevant given the observed technical conditions: APTBTC may continue to trade between 2.946e-5 and 3.027e-5 in the near term, with RSI as a key indicator to watch for potential reversals.