APT Price Analysis

Market Overview

Aptos boasts a circulating supply of 701379499.9093225, contributing to a robust overall market footprint. Trading volume has been dynamic, evidenced by a 24-hour turnover of $707.18M, and average activity remains steady over both the short and intermediate term, as reflected in the hourly and daily averages. Despite these signs of solid participation, overall sentiment is being weighed down by a fear/greed index reading of 24, classified in the 'Extreme Fear' category. This anxiety in the market is translating into hesitant capital inflows, even though the asset's fundamentals—such as market cap at $3.23B—are far from insignificant. As such, the coin sits at the intersection of solid structural metrics and wavering investor confidence.

Technical Analysis

Aptos is currently demonstrating a pronounced bearish trend, with all major simple moving averages—short-term, mid-term, and long-term—pointing downward. The 7-day, 30-day, 90-day, and 200-day SMAs are each indicating sustained downside momentum. Volatility remains present, as shown by the 24-hour price swings of 0.20%, and the recent hourly shift suggests some intra-day pressure. While 4.59% reflects the current market movement within the day, the prevailing technical landscape is one of cautious pessimism, as price action continues to struggle against resistance traced by longer SMAs. Until a bullish crossover emerges with an uptick in moving averages, short-term technical sentiment will likely remain negative.