Market Overview for Bitcoin Cash/Tether (BCHUSDT)

Sunday, Dec 28, 2025 11:24 am ET1min read
Aime RobotAime Summary

- BCH/USDT dipped to 610.5 before rebounding to 620.6, with a sharp 01:30 ET selloff driving 2,637 BCH volume.

- RSI near 50 and Bollinger Bands showed neutral momentum with moderate volatility, price lingering near lower band.

- Key support at 613.5-619.1 and resistance at 622.3-625.6 identified, with 627.3 Fibonacci level as potential ceiling.

- Mixed MACD signals and weak volume confirmation suggest cautious outlook, with 622.3 pivot point critical for next 24 hours.

Summary
• Price dipped to 613.5 before rebounding to close near 620.6.
• Strong volume spike at 01:30 ET suggests bearish pressure.
• RSI near 50 hints at neutral momentum with no clear overbought/oversold signals.
• Bollinger Bands show moderate volatility with price lingering near lower band.

Bitcoin Cash/Tether (BCHUSDT) opened at 623.3 at 12:00 ET-1, reached a high of 638.0, a low of 610.5, and closed at 620.6 at 12:00 ET. The 24-hour volume was 13,914.73, and notional turnover was approximately $8.85 million.

Structure & Formations


Price experienced a sharp decline to 613.5 following a large bearish candle at 01:30 ET, followed by a consolidation phase and a modest recovery. A bullish engulfing pattern emerged near 613.5–615.0, hinting at potential support. A bearish reversal pattern was observed near 623.3 during the early morning dip.

Volatility & Indicators


Bollinger Bands showed a moderate expansion during the 01:30 ET selloff, with price dipping below the lower band before returning. RSI remained around the 50 level, suggesting neutral momentum with no immediate overbought or oversold conditions. MACD crossed the signal line twice, indicating mixed directional signals.

Volume & Turnover


The most notable volume spike occurred at 01:30 ET (2,637.914 BCH), coinciding with a sharp price drop. Notional turnover increased significantly during the late afternoon, particularly between 15:00–16:30 ET, suggesting renewed buying interest. However, volume failed to confirm the morning rally, pointing to potential uncertainty.

Key Levels and Projections


Key support levels appear at 613.5 and 619.1, with resistance at 622.3 and 625.6. Fibonacci retracements from the 610.5 to 638.0 move indicate a 61.8% level at 627.3 as a potential near-term ceiling.

Looking ahead, price may test 622.3 as a pivot point in the next 24 hours. A break above 625.6 could signal renewed bullish momentum, but a drop below 619.1 would likely reignite bearish sentiment. Investors should remain cautious due to moderate volatility and mixed momentum signals.