Market Overview for Big Time/Tether

Summary
• Price surged from $0.0201 to $0.02198, forming a bullish breakout above key resistance.
• RSI hit overbought levels, while volume spiked sharply during the upward thrust.
• Volatility expanded as price extended beyond Bollinger Bands after midday ET.
• A large bullish engulfing pattern emerged late in the session, signaling strong buying pressure.
• Fibonacci retracement levels suggest potential pullback support near $0.0212–0.0214.

24-Hour Performance

Big Time/Tether (BIGTIMEUSDT) opened at $0.0201 on 2025-12-20 at 12:00 ET, surged to $0.02209, and closed at $0.02113 on 2025-12-21 at 12:00 ET. Total volume reached 94,883,444.0, with notional turnover estimated at $1,983,129.40.

Structure & Momentum

Price formed a bullish engulfing pattern around 07:00 ET, confirming a strong shift in sentiment. . RSI peaked above 70 during the afternoon, suggesting overbought conditions, but failed to show bearish divergence. The move pushed past the 0.618 Fibonacci retracement of the prior downward leg, which had acted as a psychological ceiling.

Volatility and Bollinger Bands

Bollinger Bands showed a noticeable expansion after 05:00 ET, as price moved decisively above the upper band. This suggests increased buying pressure and potential continuation of the trend.

Volume and Turnover Analysis

Volume surged sharply during the late ET hours, especially between 07:00 and 08:00 ET, coinciding with a key price breakout. Notional turnover confirmed the strength of the rally, with no signs of divergence between volume and price.

Forward Outlook

The pair appears to be in a high-momentum rally, supported by strong volume and key Fibonacci levels. A test of $0.0220 could confirm the breakout, though overbought RSI and tightening volume suggest a potential consolidation phase may emerge. Investors should monitor for a pullback to $0.0214–0.0212 as a potential entry or risk management level.