Market Overview for Astar/Bitcoin (ASTRBTC) on 2026-01-11

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 11, 2026 12:09 am ET1min read
BTC
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Aime RobotAime Summary

- ASTRBTC broke below 1.2e-07 support with bearish engulfing patterns, confirming short-term downside bias.

- RSI oversold conditions and Bollinger Band contraction suggest potential for temporary rebound or consolidation.

- Two volume spikes failed to sustain momentum, indicating weak conviction in both bullish and bearish directions.

- Price remains below key SMAs with Fibonacci levels pointing to continued pressure near 1.2e-07 support zone.

Summary
• Astar/Bitcoin traded in a narrow range, with a small bearish break below prior consolidation.
• Volume spiked twice, but no strong follow-through momentum was observed.
• RSI and Bollinger Bands suggest potential for a short-term bounce or consolidation.

Astar/Bitcoin (ASTRBTC) opened at 1.3e-07 on 2026-01-10 at 12:00 ET, reached a high of 1.3e-07, and a low of 1.2e-07, closing at 1.2e-07 at 12:00 ET on 2026-01-11. Total volume was 45,167.5, and turnover amounted to 0.00567867 BTC.

Structure & Formations


ASTRBTC formed a bearish breakdown from a tight consolidation range during the evening hours, confirming a potential short-term bearish bias. A key support level appears to be forming around 1.2e-07, while the upper boundary near 1.3e-07 acted as resistance. A doji formed early in the consolidation, suggesting indecision, followed by a bearish engulfing pattern as the price broke below support.

Moving Averages


On the 5-minute chart, ASTRBTC closed below both 20-period and 50-period SMAs, reinforcing the bearish bias in the short term. The daily chart shows the price sitting slightly below the 50-period SMA, indicating a continuation of the broader downtrend.

MACD & RSI



The MACD crossed below the signal line with bearish divergence, suggesting a potential continuation of the downward move. RSI moved into oversold territory, indicating a possible short-term rebound or consolidation could occur.

Bollinger Bands


Price action remained within a narrow range for most of the 24-hour window, indicating low volatility. A contraction of the bands was observed before the bearish breakout, hinting at an increase in volatility. The breakdown occurred below the lower band, signaling a potential short-term bearish continuation.

Volume & Turnover


Two distinct volume spikes were observed during the evening and early morning hours, aligning with the bearish breakdown and a temporary rally. However, the lack of sustained volume during the rally suggests weak conviction in the upward direction. The overall turnover remained muted, consistent with low trading interest in the pair.

Fibonacci Retracements


On the 5-minute chart, the price moved below the 61.8% retracement level of the recent bullish swing, indicating a potential target for further bearish movement. On the daily chart, the 38.2% level is now acting as resistance, which may limit upward moves in the near term.

It appears ASTRBTC may continue testing the 1.2e-07 level in the next 24 hours, with potential for a bounce if volume increases. However, risks remain on the downside should this support fail to hold, particularly if volume picks up and confirms a breakdown.