Market Overview for Bitcoin/Eurite (BTCEURI) – 2025-10-26

• Bitcoin/Eurite surged 7.7% in 24 hours, forming bullish momentum with strong volume spikes in late ET sessions.
• Price broke above key resistance at 96,000 EURI, suggesting further upside potential into 98,000 EURI.
• RSI entered overbought territory, while MACD remained positive, indicating sustained upward thrust.
• Bollinger Bands widened, confirming heightened volatility and a potential continuation of the rally.
• Fibonacci retracements suggest potential pullback levels near 96,600 EURI and 95,800 EURI for near-term support.

The Bitcoin/Eurite (BTCEURI) pair opened at 95,826 EURI on 2025-10-25 at 12:00 ET and closed at 97,605.81 EURI on 2025-10-26 at 12:00 ET, achieving a high of 97,927.57 EURI and a low of 95,701.0 EURI during the 24-hour window. Total traded volume was 3.83 BTC, with a notional turnover of approximately 364,419,213 EURI. The price action exhibited a sharp upward thrust following a period of consolidation and multiple bullish candlestick patterns, including a Morning Star and a Bullish Engulfing in the late ET session.

Structurally, the pair encountered initial resistance at 96,000 EURI, a level that was decisively breached with strong volume and aggressive price action. Further resistance levels may appear at 98,000 EURI and 100,000 EURI. On the support side, 96,600 EURI and 95,800 EURI have emerged as key Fibonacci retracement levels for the recent upward swing. A bearish divergence between the RSI and price has not yet developed, suggesting that bullish momentum may persist unless a strong reversal pattern emerges.

Moving averages on the 15-minute chart showed BTC/Eurite closing above its 20- and 50-period SMAs, reinforcing the bullish trend. MACD remained in positive territory with an ascending histogram, while RSI peaked at overbought levels (75–80) around the 23:45 and 02:00 ET sessions. The 15-minute Bollinger Bands expanded significantly, indicating high volatility and potential for continuation. Notably, several candlesticks near the top of the band—such as the 09:30 ET and 11:45 ET sessions—suggest strong bullish conviction among traders.

A potential backtest hypothesis can be developed based on the observed patterns. The strategy would involve entering long positions on the first candle after a Bullish Engulfing or Morning Star pattern, both of which were present in the 19:00–20:30 ET and 07:15–09:30 ET windows. Exits would occur on a bearish signal, such as a Bearish Engulfing, Evening Star, or a reversal in RSI from overbought territory. This setup aligns with the observed behavior of BTC/Eurite during this session, where price momentum appeared to accelerate after a morning consolidation and a late-session breakout.