Market Overview for Quant/Bitcoin (QNTBTC) – 2025-09-06

• Price opened at 0.0009177 and closed at 0.0009208, with a 1.21% increase over 24 hours.
• A bearish pullback appears near 0.0009176, but bullish momentum has reasserted around 0.0009202–0.0009208.
• RSI remains neutral, while MACD shows a bullish crossover late in the session.
• Volume spiked during late-night trading, confirming strength near key resistance.
• Bollinger Bands indicate moderate volatility, with price hovering near the upper band in the final hours.

Quant/Bitcoin (QNTBTC) opened at 0.0009177 on 2025-09-05 at 12:00 ET and closed at 0.0009208 by 12:00 ET on 2025-09-06. The pair traded between a high of 0.000932 and a low of 0.0009141, posting a 1.21% gain. Total volume over the 24-hour period was 141.96 units, with notional turnover amounting to $130.00 (based on BTC prices).

Structure & Formations

The past 24 hours displayed a bullish bias with a key support level consolidating around 0.0009176–0.0009182. A strong rally emerged from this level, reaching as high as 0.000932 before retracing slightly. On the 15-minute chart, a morning doji at 0.0009189 hinted at indecision, followed by a bullish engulfing pattern late in the session, reinforcing the bullish case.

Moving Averages

Short-term moving averages (20/50) have crossed above key support, with the 50-period line acting as a dynamic floor around 0.000919. On the daily chart, the 50/100/200 SMAs remain broadly aligned, with the 100-period line acting as a resistance-turned-support at 0.000919.

Backtest Hypothesis

A potential strategy could involve entering long positions on a bullish engulfing pattern or a break above the 20-period SMA, with stop-loss placed below the 50-period SMA. A close above 0.000922 may trigger a move toward 0.000925, while a drop below 0.0009182 would suggest a short-term reversal.

MACD & RSI

The MACD line crossed above the signal line during the early hours of the morning, forming a bullish crossover that coincided with a price break above the 20-period SMA. The histogram remains positive, indicating sustained momentum. The RSI has moved into neutral territory, hovering around 55–57, suggesting no immediate overbought conditions.

Bollinger Bands

Volatility has expanded slightly during the rally, with Bollinger Bands widening from a contraction early in the session. Price has tested the upper band multiple times, most recently at 0.000932, and closed near it, indicating strength. A retest of the upper band in the next 24 hours could signal either consolidation or a breakout.

Volume & Turnover

Trading activity surged between 02:15 and 05:30 ET, with a peak volume of 5.245 units at 02:15 ET and 3.903 units at 05:30 ET. The notional turnover during these hours was significant, aligning with the price push toward 0.000932. Volume and price action moved in tandem, validating the rally. However, volume has tailed off in the afternoon, hinting at a possible consolidation phase.

Fibonacci Retracements

Applying Fibonacci to the recent 15-minute swing from 0.0009141 to 0.000932, the 50% retracement level sits at 0.0009230, which was tested briefly. The 61.8% level at 0.0009257 appears as a near-term target, with a possible retest expected if bullish momentum continues.

Looking ahead, QNTBTC appears poised for a continuation of its rally, with a key focus on 0.000922 as the next psychological level and 0.0009257 as a Fibonacci target. However, traders should remain cautious of a potential pullback to test the 0.0009182 support level if volume fails to confirm further upside.