Market Overview for ZKsync/Bitcoin (ZKBTC)

Summary
• Price remained flat at 0.00000037 throughout most of the 24-hour window.
• Volume picked up significantly around 04:00–04:45 ET, with increased notional turnover.
• No meaningful candlestick patterns or trend formation evident in 5-minute charting.

The ZKsync/Bitcoin (ZKBTC) pair opened at 0.00000037 on 2026-01-12 at 12:00 ET and closed at the same level on 2026-01-13 at 12:00 ET. The high and low for the period were both 0.00000037, reflecting a nearly flat session. Total volume amounted to 11,407.8 and turnover reached 0.00422083.

Structure & Formations

The 5-minute chart displayed no discernible candlestick patterns or clear trend formation. All candles were doji-like with identical open and close prices. Key support and resistance levels remained indiscernible due to minimal price movement.

Moving Averages

The 20 and 50-period moving averages on the 5-minute chart aligned closely, reflecting the range-bound nature of the price. On the daily chart, the 50/100/200-period MAs are also likely in close proximity, indicating no clear directional bias.

MACD & RSI

The RSI remained flat around a neutral level, showing no overbought or oversold conditions. The MACD histogram and line did not register any momentum shifts, reinforcing the notion of a consolidation phase.

Bollinger Bands

Price sat tightly within the Bollinger Bands with no notable contraction or expansion in volatility. The flat price movement limited the utility of the bands in forecasting potential breakouts.

Volume & Turnover

Volume and turnover surged between 04:00 and 04:45 ET with two notable spikes at 04:15 and 04:45. These spikes did not translate into meaningful price movement, suggesting potential order accumulation or liquidity testing.

Fibonacci Retracements

As the price did not fluctuate, Fibonacci levels based on the 5-minute and daily charts remain unactionable. No retracement levels were triggered or tested within the 24-hour window.

Given the flat price and minimal movement, ZKBTC could remain range-bound or experience a liquidity-driven test of the same level in the next 24 hours. Investors should remain cautious about entering positions without a clear directional catalyst.