Market Overview for Alpine F1 Team Fan Token/Tether

Thursday, Jan 8, 2026 10:48 am ET1min read
Aime RobotAime Summary

- Alpine F1 Team Fan Token/Tether (ALPINEUSDT) formed bearish engulfing patterns near 0.596, signaling short-term weakness.

- Overnight volume surged to 77,993.79 at 13:30 ET, while RSI briefly hit oversold levels before failing to sustain a rebound.

- Price remained below 20/50-period moving averages, with Bollinger Bands widening during the morning sell-off, indicating rising volatility.

- Key Fibonacci support at 0.583 was tested, with potential bounce targets at 0.587 or further decline toward 0.576 if momentum fails.

- Market consolidation suggests cautious bearish bias, requiring volume confirmation and volatility monitoring for directional clarity.

Summary
• Price formed bearish engulfing patterns near 0.596, suggesting potential short-term weakness.
• Volume surged during the overnight session, with turnover peaking at 77993.79 at 13:30 ET, signaling increased conviction.
• RSI hit oversold territory below 30 in early morning before rebounding, hinting at possible stabilizing demand.
• Price remained below the 20-period and 50-period moving averages on the 5-minute chart, reinforcing bearish bias.
• Bollinger Bands expanded during the morning sell-off, indicating rising volatility ahead of a potential bounce.

24-Hour Price and Volume Summary


At 12:00 ET on 2026-01-08, Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at 0.593, reached a high of 0.597, a low of 0.576, and closed at 0.582. Total volume was 648,644.55, with notional turnover of 374,020.73.

Structure & Momentum

The price declined into a bearish consolidation phase, forming a bearish engulfing pattern near 0.596 at 17:45 ET. A doji appeared at 00:45 ET, signaling indecision, followed by a strong bearish push to 0.576 in the early morning. RSI briefly entered oversold territory but failed to trigger a sustained rebound, indicating buyers may be cautious.

Volatility and Volume


Volatility increased during the overnight sell-off, with Bollinger Bands widening as price fell below the lower band. The most active period occurred at 13:30 ET, when 131,930.08 units traded at 0.596—likely driven by buyers trying to establish short-term support. However, volume declined after 15:30 ET, suggesting momentum may be waning.

Fibonacci Retracement and Key Levels

Price recently tested the 61.8% Fibonacci level of a 0.596 to 0.576 decline at around 0.583. A potential bounce above 0.584 could target 0.587, while a break below 0.58 may test 0.576 again. On the 5-minute chart, the 50-period moving average sits at ~0.585, offering a near-term pivot.

The market appears to be in a short-term consolidation phase after a sharp dip, with technical indicators pointing to cautious bearish momentum. A test of 0.584 may determine whether the price stabilizes or continues lower. Investors should monitor volume for confirmation and be prepared for increased volatility if buyers step in.