Secret/Bitcoin Market Overview for 2025-10-19

• Price traded in a narrow range with limited volatility throughout the 24-hour period.
• A small but notable buying interest emerged during the late ET session, forming a bullish reversal pattern.
• Turnover remained low for most of the day, with occasional spikes during periods of price movement.
• No clear breakout occurred from key resistance or support levels, keeping the market in consolidation.
• Momentum indicators showed no overbought or oversold signals, suggesting a neutral sentiment.

Secret/Bitcoin (SCRTBTC) 24-Hour Summary

Secret/Bitcoin (SCRTBTC) opened at 1.51e-06 on 2025-10-18 at 12:00 ET and closed at 1.53e-06 on 2025-10-19 at 12:00 ET. The pair reached a high of 1.55e-06 and a low of 1.48e-06 over the 24-hour period. Total volume was 145,802.6, and notional turnover was approximately 145,802.6 * average price (approx. 219,336.5).

Structure & Formations

The candlestick pattern over the 24-hour period showed a relatively tight trading range with minimal volatility. A key bullish reversal pattern formed near the close of the day, as price dipped slightly below the 1.52e-06 level before bouncing back. This pattern may suggest a short-term buying interest. There was no clear break of a defined support or resistance level, indicating ongoing consolidation. A potential support level at 1.51e-06 and a resistance at 1.53e-06 were clearly visible.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages were closely aligned, both hovering around the 1.52e-06 to 1.53e-06 range. This tight alignment suggested a lack of directional bias and continued consolidation. On the daily chart, the 50-period, 100-period, and 200-period moving averages were aligned as well, supporting a neutral market sentiment with no strong trend forming.

MACD & RSI

The MACD showed no clear divergence, with the histogram fluctuating around the zero line and the signal line staying close to it. This indicated no strong momentum in either direction. The RSI indicator remained in the mid-50 range throughout the day, showing no signs of overbought or oversold conditions. The combination of these indicators suggested a continuation of the current sideways movement without a clear breakout in sight.

Bollinger Bands

The Bollinger Bands were relatively narrow, indicating a period of low volatility. Price remained within the upper and lower bands throughout the session, showing no signs of a breakout. The middle band hovered around 1.52e-06, aligning with the 20-period moving average. There were no significant contractions or expansions observed, reinforcing the idea of a consolidating market.

Volume & Turnover

Volume was generally low throughout most of the day, with only a few spikes during key price movements, particularly during the late ET hours. The largest volume spike occurred at 2025-10-18 18:00 ET, where a significant 9147.4 volume helped drive the price up from 1.52e-06 to 1.53e-06. The notional turnover closely followed the volume pattern, with most of the activity concentrated during the late ET and overnight sessions.

Fibonacci Retracements

Applying Fibonacci retracement levels to the 24-hour swing, key retracement levels at 38.2% (~1.518e-06) and 61.8% (~1.533e-06) were observed. Price briefly approached the 61.8% level but failed to break through it, suggesting a possible upper boundary for the current consolidation phase.

Backtest Hypothesis

In the context of the SCRTBTC pair, a backtest strategy based on “resistance break” signals could be evaluated using a one-day-hold approach. The goal is to identify instances where price breaks above a prior resistance level and holds above it for a full 24-hour period. Unfortunately, due to an internal service error, automated retrieval of historical daily OHLC data for SCRTBTC was unsuccessful. Possible next steps include:

1. Retry data download via an alternate source or with adjusted parameters (e.g., different exchange symbol).
2. If you already have SCRTBTC daily price data (in CSV, Excel, or JSON format), you can upload it for analysis.
3. Alternatively, you can provide a list of manually identified resistance break dates, and I can run the event/strategy back-test directly.