Market Overview for Ether.fi/Tether (ETHFIUSDT): January 12, 2026

Summary
• Price declined from 0.758 to 0.733 over 24 hours amid bearish momentum and heavy selling pressure.
• Key support at 0.730-0.735 appears to hold, with a potential 61.8% Fibonacci level near 0.740 as resistance.
• RSI remains oversold, signaling possible near-term reversal, though volume shows continued bearish bias.
• Bollinger Bands show increasing width, reflecting rising volatility in the final 8 hours of the period.

At 12:00 ET-1 on January 11, 2026, ETHFIUSDT opened at 0.758, peaked at 0.766, and bottomed at 0.724 before closing at 0.733 by 12:00 ET on January 12. Total volume for the 24-hour window was 1,489,153.3 units, with notional turnover of 1,073,353.69 USD.

Structure & Formations

The price action formed a bearish broadening pattern over the 24-hour period, with support at 0.730-0.735 and a critical 61.8% Fibonacci retracement at ~0.740 likely to act as resistance. A long lower shadow near the session high at 0.766 hints at rejection and potential exhaustion of buyers.

Moving Averages

On the 5-minute chart, the 20-period and 50-period moving averages remained bearish, with the 50-period line below the 20-period line and trending downward. On the daily chart, the 50-period MA crossed below the 200-period MA, reinforcing a bearish bias.

Momentum Indicators

RSI dropped into oversold territory near 28 by the end of the session, hinting at a potential rebound, though bearish MACD readings with negative histogram expansion suggest continued downward pressure. Divergences between price and momentum were limited, with price and momentum largely aligned.

Bollinger Bands

Bollinger Bands expanded significantly in the last 8 hours of the session, reflecting heightened volatility. ETHFIUSDT closed near the lower band at 0.733, signaling potential oversold conditions and possible bounce activity.

Volume and Turnover

Volume surged during the late-night to early-morning hours, coinciding with a sharp drop to 0.724. Notional turnover was strong during the bearish leg, with a clear price–turnover alignment. A divergence between price and turnover occurred briefly in the 0700–0800 ET timeframe, suggesting a pause in selling pressure.

Fibonacci Retracements

On the 5-minute chart, key Fibonacci levels from the 0.766 high to 0.724 low showed the 38.2% and 61.8% retracements at ~0.750 and ~0.740, respectively. The 61.8% level appears to be a key threshold for near-term buyers.

The path of least resistance appears to be sideways consolidation near 0.730–0.740, with a test of the 61.8% Fibonacci level possible if buyers step in. Traders should remain cautious of a potential breakdown below 0.730, which could trigger further downside toward 0.720–0.725.