Market Overview for Dusk/Bitcoin (DUSKBTC) — 24-Hour Action as of 2025-10-04

• Dusk/Bitcoin traded within a narrow range, fluctuating between $5.1e-07 and $5.2e-07 over the last 24 hours.
• Momentum indicators suggest a lack of directional bias, with RSI hovering near the 50-level.
• Volatility remained subdued, with low trade volumes and limited price deviations from the mean.
• A minor bearish candle appeared at 20:00 ET, signaling potential short-term bear pressure but without confirmation from volume.
• Total turnover remained low, with price consolidating near prior support levels without breakout attempts.

The Dusk/Bitcoin (DUSKBTC) pair opened at 5.1e-07 on 2025-10-03 at 12:00 ET and closed at 5.0e-07 on 2025-10-04 at the same time, with a high of 5.3e-07 and a low of 4.9e-07. Total volume for the 24-hour period was 365,108.0, and total turnover, calculated from OHLCV data, remains minimal, consistent with the pair’s low liquidity.

Structure & Formations

The price action for DUSKBTC has been range-bound throughout the 24-hour period, with price oscillating within a tight $5.1e-07 to $5.2e-07 channel. A notable bearish candle at 20:00 ET (15-minute chart) showed a slight downward drift, with the close near the low. This candle, however, failed to confirm bearish strength due to minimal volume. A doji-like candle at 01:45 ET signaled indecision, while a minor bearish gap at 04:15 ET may have attempted a breakout to the downside, but price quickly reverted to consolidation.

Moving Averages

On the 15-minute chart, the 20- and 50-period moving averages are closely aligned near 5.1e-07–5.15e-07, with the 50-period line slightly above the 20-period. No clear divergence has occurred, suggesting the pair is in consolidation mode. On the daily chart, the 50-period MA is above the 100- and 200-period MAs, which is bearish in a longer-term context but does not impact the recent 24-hour range.

MACD & RSI

MACD lines oscillated narrowly around the zero line, with no clear histogram divergence over the past 24 hours. RSI, at 48–52, indicates a neutral to slightly bearish market sentiment, with no overbought or oversold conditions being reached. This reinforces the idea of market indecision and a lack of conviction in either direction.

Bollinger Bands

Bollinger Bands showed no significant expansion, remaining narrow in line with the low volatility. Price action remained within the bands for most of the period, with the exception of the 20:00 ET bearish candle that closed near the lower band. This could indicate a test of a potential support level but failed to break through with conviction.

Volume & Turnover

Volume was largely suppressed, with most 15-minute candles showing no or minimal activity. The notable exceptions were the 17:00 ET (high of 5.3e-07) and 02:00 ET (high volume of 33,787.0) candles. Despite these, price did not move meaningfully afterward, pointing to a lack of follow-through. Turnover remained low throughout the period, with no divergences noted between price and volume.

Fibonacci Retracements

Applying Fibonacci retracements to the minor 17:00–20:00 ET swing (5.3e-07 to 5.0e-07), the 61.8% level aligns with the 5.12e-07 mark. The price briefly tested this level during the 04:15–05:00 ET range but failed to hold. On a broader scale, the 61.8% retracement of the larger daily range could be key for future bearish confirmation if the consolidation breaks.

Backtest Hypothesis

The backtesting strategy described emphasizes using a combination of RSI and volume to identify low-liquidity breakouts. In this case, the 20:00 ET bearish candle with moderate volume and a close near the low aligns with the criteria for a potential bearish breakout attempt. However, the lack of volume confirmation and immediate price reversion suggest that the strategy would need to include a time-based filter (e.g., holding for 1–2 hours) to avoid false signals. When integrated with a moving average crossover (e.g., 20 over 50) as a filter, the strategy could potentially improve its success rate by avoiding choppy range-bound periods like the one observed here.