• Price consolidation near 6.1e-07 with minimal directional bias observed over 24 hours.
• Low volume and turnover suggest limited participation or liquidity.
• Minor intraday dip to 6.0e-07 in late ET hours was quickly reversed.
Opening and Closing Summary
On 2025-11-10 at 12:00 ET, Sleepless AI/Bitcoin (AIBTC) opened at 6.2e-07, reached a high of 6.2e-07, and a low of 6.0e-07, closing at 6.1e-07. Total volume over 24 hours was 33,821.5, with a notional turnover of approximately 20.33 BTC-equivalent. The asset appears to be in a range-bound state with little conviction in either direction.
Structure & Formations
The 24-hour chart shows a tight consolidation pattern with limited price swings. A key support level appears at 6.0e-07, where price found buyers late in the day. No strong bullish or bearish candlestick formations were identified, with most candles showing near-identical open and close levels. A single 15-minute candle on the afternoon of 2025-11-09 saw a small bearish move from 6.2e-07 to 6.1e-07, representing the only intraday shift of significance.
Indicators and Momentum
Short-term
appears flat, with RSI hovering near mid-range levels. MACD showed no clear divergence, remaining centered without significant positive or negative bars. Bollinger Bands were narrow, indicating low volatility and potential for a breakout, though current price action does not show signs of one. Fibonacci retracements on the 6.0e-07 to 6.2e-07 swing suggest 6.1e-07 is a key psychological level for traders.
Volume and Turnover
Volume was predominantly concentrated in the mid to late ET hours, with two notable spikes in turnover at 00:45 ET and 14:15 ET. These corresponded to small price moves but were not strong enough to break out of the consolidation range. No clear divergence between price and volume was observed, suggesting that the limited price movement was broadly supported by buyers and sellers in proportion.
Forward-Looking View and Risk
In the coming 24 hours, a break above 6.2e-07 or a sustained move below 6.0e-07 could signal the start of a new trend. Traders should watch for volume confirmation on any directional move. Given the low volatility, unexpected news or order flows could trigger sharp, choppy price swings.
Backtest Hypothesis
The backtest strategy described in the input involves a signal-based approach triggered by a "Bullish Engulfing" pattern, with a holding period of 1–3 days. Given the minimal directional movement in AIBTC's 24-hour data, identifying such a pattern would likely be challenging without clearer price divergence. A successful backtest would depend on the frequency of such signals and volume confirmation during their formation. Integrating this strategy into future analysis will require a more robust price series and higher volatility context.
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