Market Overview: Bitcoin/Dai (BTCDAI) 24-Hour Review

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Monday, Dec 15, 2025 11:06 am ET1min read
DAI
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BTC
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Aime RobotAime Summary

- BTCDAI opened at 89,035.79 and closed at 87,022.5, hitting a 24-hour low of 86,712.56.

- A bearish engulfing pattern formed at 19:30 ET, confirming a shift below key support at 88,075.61.

- Volume spiked during the decline, with RSI entering oversold territory near 30, suggesting potential short-term bounce.

- MACD crossed below the signal line while Bollinger Bands widened, indicating increased volatility and bearish momentum.

- Fibonacci retracement levels at 88,005.72 and 88,739.43 highlight critical resistance, with further consolidation below 88,005.72 risking a test of 87,000 support.

Summary
• Price opened at 89035.79 and closed at 87022.5, with a 24-hour low of 86712.56 and high of 89960.11.
• Key support appears near 87022.5, with resistance forming around 88208.5 and 89382.47.
• A large bearish engulfing pattern formed during early trading hours.
• Volume surged during the late afternoon session, confirming downward pressure.
• RSI suggests oversold conditions, hinting at potential short-term bounce.

Bitcoin/Dai (BTCDAI) opened at 89035.79, reached a high of 89960.11, a low of 86712.56, and closed at 87022.5 at 12:00 ET. Total volume was 1.318 BTC, and turnover amounted to approximately 116,047,323

DAI
over 24 hours.

Structure & Formations


A bearish engulfing candle formed just after 19:30 ET, confirming a shift in sentiment. The price then fell below key support at 88075.61 and continued to 86712.56. A strong resistance level at 88208.5 is now in play, which has been retested multiple times.

Moving Averages


On the 5-minute chart, the 20-period and 50-period moving averages are both bearish, with the price trending below both. On the daily chart, BTCDAI closed below its 50-period and 200-period moving averages, reinforcing the short-term bearish bias.

MACD & RSI


The MACD crossed below the signal line, indicating weakening momentum in the bullish direction. RSI has moved into oversold territory, near 30, which may signal a potential short-term rebound, though a sustained recovery is not yet confirmed.

Bollinger Bands


Price volatility increased during the late afternoon session, with the bands widening and BTCDAI trading near the lower band at one point. The current position of BTCDAI within the bands suggests moderate volatility, with the potential for a retest of the midline.

Volume & Turnover


Volume spiked during the drop to the 24-hour low, confirming bearish conviction. Turnover was also elevated, with no significant divergence between price and volume. The largest single volume spike occurred near 15:00 ET as the price broke below the 88075.61 support level.

Fibonacci Retracements


The 61.8% Fibonacci retracement of the recent 5-minute bullish swing (from 86712.56 to 89960.11) is now at 88005.72, which BTCDAI has tested twice. On the daily chart, the 38.2% level at 88739.43 appears to be a key short-term resistance.

While BTCDAI may find temporary relief near current oversold RSI conditions, the dominant trend remains bearish, and further consolidation below 88005.72 could lead to a test of the next support zone around 87000. Investors should be mindful of increased volatility and potential bearish follow-through in the next 24 hours.