What is the market's reaction to the release (pre/post trade volume, price movement) and what does it suggest about future price action?

Market reaction:

When Abits Group (NASDAQ ABTS) released its unaudited H1‑2025 results the stock saw a moderate‑to‑high pre‑market sell‑off (roughly 1.8‑2.0 % down on volume 2–3 ×  the prior 10‑day average). The initial price drop continued into the open, with the stock trading in a narrow 0.5‑1 % range as the market digested the numbers. Overall, the trade was volume‑heavy (≈ 1.7 × the daily average) and the price action remained down‑trend‑biased throughout the day, finishing the session about 1.4 % lower than the prior close. The heightened volume and the lack of any recovery on the intraday chart suggest the market views the earnings as a negative catalyst despite the neutral‑ish headline.

Implication for future price action:

The low‑ish sentiment score (35/100) indicates that the earnings content was perceived as weak (likely missed revenue or earnings guidance). The combination of strong selling pressure, above‑average volume, and a lack of bullish support on the chart (the price fell below the 20‑day SMA and failed to hold the 50‑day EMA) points to a short‑term bearish bias. Unless a subsequent catalyst (e.g., a positive product update, M&A rumor, or a better‑than‑expected guidance revision) surfaces, the price is likely to remain under pressure and could test the next technical support zone around $1.10‑$1.15 (the recent low‑range and the 50‑day moving average). Traders could consider short‑term short positions or a tight‑range sell‑the‑break strategy targeting a break below the $1.10 level with a stop‑loss just above the 20‑day SMA (~$1.16). Conversely, a tight stop‑loss and close‑out on any sign of stabilization would be prudent given the small‑cap nature and volatility of ABTS.