Beefy/Tether Market Overview (2025-09-26 12:00 ET)

• Price declined from 166.0 to 161.0, closing at 162.5 after a 12-hour consolidation phase.
• High volume spikes occurred at 163.5 and 161.5, with mixed directional bias.
• Volatility expanded in early hours, followed by a consolidation into a narrow range.
• RSI hit oversold territory, suggesting potential near-term rebound.
• Bollinger Bands tightened mid-day, indicating a potential breakout ahead.

24-Hour Summary

Beefy/Tether (BIFIUSDT) opened at 166.0 on 2025-09-25 at 12:00 ET and closed at 162.5 at 12:00 ET the next day. The price fluctuated between 161.0 and 166.0 during the session. Total volume traded was 374.459 units with a notional turnover of 60,048.00 USD.

Structure & Formations

The price formed a bearish engulfing pattern at 166.0 to 165.2, followed by a series of lower highs and a bearish consolidation phase between 163.2 and 161.8. A bullish doji appeared at 162.0–162.0, indicating a potential pause in the bearish move. Key support levels are forming at 161.8 and 161.0, while resistance is visible near 163.2 and 164.3.

Moving Averages

On the 15-minute chart, the 20- and 50-period moving averages are both bearish, sloping downward from 165.0 to 162.8. The daily 50- and 200-period moving averages are not available for full 24-hour analysis due to insufficient data, but the trend remains neutral to bearish based on the most recent hourly data.

MACD & RSI

The MACD turned negative in the early morning hours and has remained in the lower negative territory, indicating bearish momentum. The RSI dipped into oversold territory near 30–35, suggesting potential short-term reversal. However, no strong overbought conditions were recorded, indicating the price may remain in a consolidation phase unless a breakout occurs above 164.3.

Bollinger Bands

Volatility expanded in the first six hours, with the price moving from 166.0 to 161.0 within the bands. A contraction occurred between 162.0 and 162.5, narrowing the bands and suggesting an upcoming breakout. The price is currently hovering near the lower band, reinforcing the case for a potential bounce.

Volume & Turnover

Volume spiked at key price levels, notably at 163.5 and 161.5, but failed to push the price beyond these thresholds, indicating indecision. Notional turnover was highest around 163.5 and 161.0, with a divergence noted between volume and price action during the 162.0–162.5 range, where price stabilized despite increased volume.

Fibonacci Retracements

Applying Fibonacci retracements to the 166.0–161.0 swing, key levels at 38.2% (163.9) and 61.8% (162.6) are now key watchpoints. Price recently bounced off the 61.8% level at 162.6, suggesting the 163.9 level could be the next target for short-term bulls.

Backtest Hypothesis

A backtesting strategy could be built around a breakout of the 163.9 Fibonacci level, with a stop loss placed below 161.0 and a target of 164.3. This setup would use the 50-period moving average as a confirmation filter to ensure momentum aligns with the breakout. Given the RSI’s current oversold condition, the probability of a short-term rebound may be elevated, but traders should remain cautious of a potential bearish continuation if volume fails to confirm a break above 163.9.