Market Overview: Astar/Bitcoin (ASTRBTC) 24-Hour Summary as of 2025-11-11

Summary
• Price remained range-bound, oscillating between $1.4e-07 and $1.5e-07.
• Strong consolidation at $1.5e-07 observed in the latter half of the period.
• Notable volume spikes occurred at $1.5e-07 after initial indecision.
• No bullish breakouts or bearish breakdowns observed.

Astar/Bitcoin (ASTRBTC) 24-Hour Market Overview

Astar/Bitcoin (ASTRBTC) opened at $1.4e-07 (12:00 ET – 1), reached a high of $1.5e-07, a low of $1.4e-07, and closed at $1.5e-07 (12:00 ET). Total trading volume over the 24-hour period was 3,155,143.9 BTC, while notional turnover amounted to $0.0473271.

Price action remained constrained within a narrow range for most of the session, with the price consolidating near $1.5e-07 after a small breakout in late ET hours. While early price action was characterized by low volume and indecision, volume surged after the first 6–8 hours, suggesting accumulation or distribution activity around key levels. The absence of significant directional movement implies a waiting pattern among traders ahead of a potential catalyst.

Structure & Moving Averages

On the 15-minute chart, ASTRBTC formed a tight range with no clear candlestick patterns emerging. A cluster of doji and small bodies reflected uncertainty, especially before the spike in volume. The 20-period and 50-period moving averages remained flat, with price hovering just above the 20SMA. No clear trend formation is apparent, and the market appears to be in a neutral consolidation phase.

Momentum & Volatility

Momentum indicators suggest a neutral bias. The MACD line flattened, reflecting a lack of directional strength. While RSI could not be computed due to an internal error in the data provider, the low price volatility and lack of divergences imply that overbought or oversold conditions have not yet emerged. Bollinger Bands showed a slight contraction in the morning, followed by a modest expansion in the afternoon as volume picked up. Price remained within the 1–standard deviation range of the bands, suggesting no extreme volatility.

Fibonacci & Volume Profile

Fibonacci retracements from the previous 15-minute swing revealed that $1.5e-07 aligned with the 61.8% retracement level. This suggests a potential psychological level of interest for buyers. Volume distribution shows a clear concentration of activity around $1.5e-07, with the largest single-volume candle occurring at this level. This may indicate that sellers are being tested or buyers are stepping in at this key support-turned-resistance.

Backtest Hypothesis

Given the inability to retrieve the 14-day RSI series for ASTRBTC due to a symbol recognition issue, alternative approaches are necessary. A viable next step is to confirm the correct symbol format with the data provider, as ASTRBTC may be recognized differently (e.g., ASTR_BTC, ASTR-BTC). Alternatively, using ASTRUSDT—being a more liquid pair—could provide similar insights and support a momentum-based backtest. If the symbol format is confirmed or a liquid proxy is used, the RSI-based strategy can proceed, with a focus on overbought (>70) and oversold (<30) levels to generate trade signals.