Market Overview for Hashflow/Bitcoin (HFTBTC) – 2025-11-07

• Price unchanged at $0.00000041 throughout most of the 24-hour window.
• Volatility extremely low with minimal price range between $0.00000041 and $0.00000041.
• Volume dropped significantly in the latter half of the day with multiple 15-minute intervals showing zero trading activity.
• Turnover remains subdued, with no clear signs of accumulation or distribution.
• No strong candlestick patterns observed, and momentum appears directionless.

Hashflow/Bitcoin (HFTBTC) opened at $0.00000041 on 2025-11-06 at 12:00 ET, and traded in a narrow range of $0.00000041 to $0.00000041, closing at $0.00000041 on 2025-11-07 at 12:00 ET. The 24-hour total volume was 305,334.3 and total turnover was approximately $123.46. Price activity remains flat, with no notable directional bias or momentum observed.

Structure & Formations

Price remained tightly compressed around $0.00000041 for the majority of the 24-hour period. No significant support or resistance levels were broken. A few candles showed a slight rejection from $0.00000041, but without follow-through. No meaningful candlestick patterns such as engulfing or doji were observed, suggesting a lack of conviction from market participants.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages closely align with the price, which remained flat. On a daily chart, the 50, 100, and 200-period MAs appear to form a tight cluster around $0.00000041, reinforcing the idea of consolidation and indecision in the market. Price has not moved above or below the 200-day MA, indicating a potential lack of directional signal.

MACD & RSI

The MACD histogram remains near neutral, with no clear divergence from price action. RSI values hover around 50 for much of the period, indicating balanced buying and selling pressure. Neither overbought nor oversold conditions were observed. The market appears to be in a low-activity, low-momentum state.

Backtest Hypothesis

To develop a backtest strategy for this pair, the exact ticker symbol is required. If the HFTBTC pair is not available on the data source, a closely related pair such as HFT/USDT could be used as an alternative. Once the correct ticker is confirmed, historical RSI data can be retrieved, overbought conditions can be identified, and a short-side strategy can be evaluated using the 1-day timeframe from 2022-01-01 to 2025-11-07. This would allow for a robust assessment of the strategy’s potential performance in both high and low volatility environments.