Market Overview for Big Time/Tether (BIGTIMEUSDT)

Summary
• Price surged to 0.02555 before consolidating near 0.0228–0.0230 support.
• Volume spiked during early ET rally but has since declined with price.
• RSI and MACD show weakening momentum with mixed divergence signals.
• Bollinger Bands expanded during the rally, now narrowing with consolidation.

Big Time/Tether (BIGTIMEUSDT) opened at 0.02217 on 2026-01-08 12:00 ET and closed at 0.02277 on 2026-01-09 12:00 ET, hitting a high of 0.02555 and a low of 0.02188. Total volume was 154,334,641.0, with notional turnover of 3,560,772.59 USDT.

Structure & Formations

The price formed a bullish 5-minute engulfing pattern near 0.0228–0.0230 as volume surged during the early ET rally. This level appears to be a short-term support zone. Later in the day, the market attempted to retest this range with mixed success, suggesting a possible consolidation before a directional break. A doji formed near 0.02285 in the midday session, signaling indecision among buyers and sellers.

Moving Averages

On the 5-minute chart, the 20-period MA crossed above the 50-period MA in the early hours, confirming a short-term bullish bias before the price pulled back. On the daily chart, the 50-period MA remains above the 200-period MA, indicating a longer-term positive trend. The 100-period MA is approaching the 200-period MA, hinting at a potential flattening of the trend if the price does not continue higher.

MACD & RSI

MACD lines showed a sharp bullish crossover during the early morning rally but have since converged with the signal line as the price consolidated. The RSI peaked above 65 during the high at 0.02555 and has since fallen below 50, indicating weakening momentum. A bearish divergence is emerging between RSI and price as the price attempts to retest support without a clear RSI confirmation.

Bollinger Bands

Bollinger Bands expanded significantly during the rally, reaching a width of nearly 0.0025. As the price consolidated, the bands began to contract, suggesting a period of consolidation before the next directional move. The price currently sits near the middle band, with no clear indication of a breakout direction.

Volume & Turnover

Volume spiked during the early morning rally, with a single 5-minute bar reaching 23,312,928 volume at 2026-01-09 03:15 ET, supporting the move to the high of 0.02555. However, volume has since declined significantly, with the most recent 5-minute bars showing volume below 500,000. Notional turnover mirrored this pattern, peaking at $573,706.63 before retreating. A divergence is forming between price and volume as the price struggles to reclaim the 0.0230–0.0232 range.

Fibonacci Retracements

Fibonacci retracement levels applied to the 5-minute swing from 0.02188 to 0.02555 show the current price near the 50% and 61.8% levels, suggesting a possible pause in the short-term trend. On the daily chart, the price is approaching the 38.2% retracement level from a prior bearish move, which could offer support or trigger a short-term pullback.

Looking ahead, the market may need a strong volume confirmation above 0.0232 to regain bullish momentum or a decisive breakdown below 0.0227 to trigger a short-term correction. Investors should monitor the 0.0228–0.0230 range closely, as it could serve as a key pivot area in the next 24 hours.