Price Position and Structural State
Qtum (QTUM) closed at 0.8227 USDT on August 29, 2026, up 0.80%. The asset now sits in a bullish structure. Price entered this structure after closing above 55-day resistance at 0.7418 USDT on August 20, 2026. Current 55-day support is near 0.6217 USDT, with resistance near 0.9272 USDT. A daily close below MA14 at 0.80375 USDT would weaken the regime and shift price back into sideways.
Breakout Context: 64-Session Compression
Qtum spent about 64 sessions consolidating below the 0.7418 USDT resistance level before a breakout closed above it. This confirmed the bullish structural transition. The extended compression period shows sustained pressure at the resistance level, where repeated attempts failed until buyers took control and pushed the price higher.
Moving Averages and Trend Context
QTUM is trading between key moving averages. MA200 at 0.820752 USDT stands as moving-average support, while MA9 at 0.855456 USDT stands as moving-average resistance. This creates a clear decision zone. A sustained hold above MA200 at 0.820752 USDT keeps the structure constructive, while a rejection near MA9 at 0.855456 USDT leaves the trend unresolved.
Trading Friction and Price Efficiency
QTUM shows moderate trading friction, with a 3-day friction score of 39.0. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -7.26% in one day, showing clear position reduction. OI sits near the middle of its 60-day range, so the move reduces leverage from a normal base rather than clearing an already crowded leverage base.
Funding is positive on the 24-hour average at +0.010000%, with the 7-day average also positive at +0.009927%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 1.24, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.
Correlation, Beta, and Index Relationship
QTUM shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important. Over the 30-day window, the relationship is weakening. Over the 60-day window, the relationship is weakening. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.567 | 0.72 | 0.322 | Moderate linkage |
| 60D | 0.58 | 0.705 | 0.336 | Moderate linkage |
| 180D | 0.705 | 0.879 | 0.498 | Strong linkage |
Momentum, Volatility, and Indicator Pressure
QTUM is showing wider movement, but participation is not fully backing it. ATR% reads 6.12, close to the bottom of its full historical range, while Bollinger Band width% reads 48.83, close to the top of its 180-day range. 20-day Volume Z-score is -0.59, showing slightly below-normal participation.
Momentum is stronger. RSI is 59.42, ROC14 is +21.81%, and MACD histogram is positive. These readings point in the same direction: upside pressure is active across momentum and multi-day acceleration.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. QTUM has a moderate link to that market condition, so market strength can still influence price behavior, while asset specific factors also matter.
Key Levels for the Next State Change
For QTUM, the next structural shift depends on key levels. Staying above MA14 at 0.80375 USDT keeps the current trend intact. A daily close below MA14 would weaken the structure and push price back into a range, while a confirmed break below 55-day support at 0.6217 USDT would establish a bearish regime.