Market Overview for Peanut the Squirrel/Bitcoin (PNUTBTC): October 25, 2025

• Price action on PNUTBTC remained tightly consolidated within a narrow range of 1.21–1.25 × 10⁻⁶ BTC over the 24-hour period.
• No decisive bullish or bearish momentum was observed, with both RSI and MACD remaining neutral and within baseline thresholds.
• Volume activity was muted for most of the session, with a single large trade at 174500 ET contributing to a temporary upward tick.
• Price briefly tested 1.25 × 10⁻⁶ BTC on October 24 at 224500 ET but quickly retraced without confirmation.
• Volatility remained subdued, with Bollinger Bands exhibiting a slight contraction near the end of the session.

Peanut the Squirrel/Bitcoin (PNUTBTC) opened at 1.22 × 10⁻⁶ BTC on October 24 at 12:00 ET and traded in a narrow range throughout the 24-hour period, reaching a high of 1.25 × 10⁻⁶ BTC and a low of 1.21 × 10⁻⁶ BTC. The pair closed at 1.22 × 10⁻⁶ BTC at 12:00 ET on October 25. Total trading volume amounted to approximately 35,929.1 PNUT, with notional turnover indicating limited activity. The price action remains in a tight consolidation phase, with no clear breakout attempt.

Structure on the 15-minute chart shows several instances of doji and spinning tops, especially around 174500 ET and 224500 ET, signaling indecision. A minor bullish candle with a long lower wick formed at 174500 ET after a large-volume trade, suggesting a temporary rejection of lower levels. The 1.21 × 10⁻⁶ BTC level acted as a recurring support, and the 1.25 × 10⁻⁶ BTC level served as a resistance, both of which appear to be psychological or institutional barriers. No clear trend formation has emerged, and Fibonacci retracements suggest the 1.23 × 10⁻⁶ BTC level could serve as a potential pivot point for near-term direction.

The 20-period and 50-period moving averages on the 15-minute chart remain closely aligned, indicating no significant divergence or acceleration in price. RSI oscillated between 48 and 55, confirming a neutral momentum profile without signs of overbought or oversold conditions. MACD remained flat, with the histogram showing no widening divergence from the signal line. This suggests that neither buyers nor sellers have taken control of the price action, and the market appears to be in a waiting mode for new catalysts. Bollinger Bands showed a slight contraction in the final hours of the session, implying a potential buildup in volatility ahead.

Volume and turnover remained low for most of the session, with the notable exception of a spike at 174500 ET, where 10,877.7 PNUT changed hands. This activity temporarily pushed the price upward but failed to hold above the 1.22 × 10⁻⁶ BTC level. The lack of sustained volume spikes, paired with a neutral MACD and RSI, suggests that the market remains range-bound with no clear directional bias.

Backtest Hypothesis

The proposed backtest strategy aims to evaluate the impact of key resistance levels on price action by analyzing historical instances in which PNUTBTC touched or crossed the 1.25 × 10⁻⁶ BTC resistance level. This strategy would seek to determine whether price behavior after reaching this level—such as retesting, breaking through, or failing—can be used to derive a probabilistic directional signal. In this 24-hour period, a single instance of this level being tested occurred at 224500 ET on October 24, with a brief close at 1.25 × 10⁻⁶ BTC. Given the absence of a valid ticker symbol for PNUTBTC in the historical database, the backtest cannot proceed without additional input.

To proceed, either the correct ticker symbol (including exchange prefix) or a user-supplied dataset of price events should be provided. For instance, if PNUTBTC traded under a different symbol (e.g., PNUT/USDT, PNUT/BNB), or if historical data in CSV or JSON format is available, the strategy can be implemented with those details. Once the necessary data is secured, the backtest can be conducted over the period 2022-01-01 to present to assess how frequently and under what conditions the 1.25 × 10⁻⁶ BTC level influenced price direction.