Market Overview: Big Time/Tether (BIGTIMEUSDT) on 2025-12-31

Wednesday, Dec 31, 2025 5:51 am ET1min read
Aime RobotAime Summary

- BIGTIMEUSDT tested key support at $0.02020 and resistance at $0.02071 during 2025-12-31 trading.

- Volume spiked near $0.02071 and $0.02033–$0.02045, confirming real trading activity.

- RSI signaled overbought (72) early and oversold (<30) near close, suggesting potential short-term bounce.

- Bollinger Bands showed moderate contraction during consolidation, with price rebounding near the lower band.

- A bullish engulfing pattern at 22:45 ET and 61.8% Fibonacci support at $0.01998 indicate possible reversal or deeper correction.

Summary
• Price action formed key support at $0.02020 and tested resistance at $0.02071 during the session.
• Volume spiked significantly near $0.02071 and during a late afternoon pullback at $0.02033–$0.02045.
• RSI signaled overbought conditions at 70+ early, then oversold at 30–25 near session close.
• Bollinger Bands showed a moderate contraction during consolidation phases and a price rebound near the lower band.
• A bullish engulfing pattern emerged at 22:45 ET as price rebounded sharply on rising volume.

Big Time/Tether (BIGTIMEUSDT) opened at $0.02043 at 12:00 ET-1 and traded between $0.02020 and $0.02071, closing at $0.02002 at 12:00 ET. Total volume over the 24-hour window was 6.65 million, with a turnover of $136,813.35.

Structure & Formations


The price found key support at $0.02020 during the early morning and showed a strong rejection at the upper end of the range with a high of $0.02071 at 19:45 ET. A notable bullish engulfing pattern emerged at 22:45 ET, indicating a possible short-term reversal. A morning doji at $0.02034 suggested indecision and potential for consolidation or reversal.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages trended downward throughout the session, indicating bearish momentum. The 200-period daily MA is near $0.02040, suggesting that the recent move below that level could signal bearish pressure continuing into the next 24 hours.

MACD & RSI


MACD showed bearish divergence as the price formed a higher low at $0.02042 while the MACD line continued to trend lower. RSI briefly hit overbought territory at 72 early in the session but then fell into oversold territory below 30 near 06:00 ET, suggesting a potential short-term bounce may be due.

Bollinger Bands


Bollinger Bands exhibited a moderate contraction during a late-night consolidation phase and expanded as price tested the upper and lower bands. Price closed near the lower band, hinting at potential for a bounce or a test of support below $0.02020.

Volume & Turnover


Volume surged near $0.02071 and again during a late afternoon pullback at $0.02033–$0.02045, indicating key areas of accumulation or distribution. Notional turnover confirmed the volume spikes, suggesting real trading activity rather than wash trading. Price and turnover aligned during key pivots, offering confirmation for potential trend continuation.

Fibonacci Retracements


On the 5-minute chart, the price tested the 61.8% retracement level at $0.02044 after a morning rally. On the daily chart, the 61.8% retracement is near $0.01998, which now serves as key support. A break below that level could trigger further downside to $0.01990–$0.01985.

The next 24 hours could see a test of the $0.02020 support or a rebound from the lower Bollinger Band. Traders should watch for a breakout of $0.02071 to indicate renewed bullish momentum, but a sustained close below $0.02020 could trigger a deeper correction. As always, volatility remains high, and sharp reversals are possible.