Market Overview for Blur/Tether (BLURUSDT)

Thursday, Jan 1, 2026 7:21 am ET1min read
Aime RobotAime Summary

- BLURUSDT traded in 0.02748–0.02786 range, failing to break above 0.02804 despite sharp 0.02816 high.

- 20:15–20:30 ET saw 2.16M volume spike but no directional confirmation, while RSI hit overbought twice.

- Bollinger Bands tightened overnight, forming bullish engulfing pattern at 0.02821 close.

- 61.8% Fibonacci level at 0.02776 tested repeatedly, with 0.02816–0.02822 zone critical for next breakout.

Summary
• Price action showed consolidation near 0.02748–0.02786, with failed attempts to break above 0.02804.
• Volume and turnover surged during the 20:15–20:30 ET session, but failed to confirm a strong directional move.
• RSI indicated overbought conditions twice during the 24-hour window, suggesting temporary exhaustion.
• Bollinger Bands tightened in the early hours, signaling a potential breakout or reversal.
• A bullish engulfing pattern formed in the final 5-minute candle, hinting at short-term reversal potential.

Blur/Tether (BLURUSDT) opened at 0.02792 on 2025-12-31 at 12:00 ET, touched a high of 0.02816, a low of 0.02735, and closed at 0.02821 by 12:00 ET on 2026-01-01. Total volume was 11,659,843.7, with a notional turnover of 319,403.51 USD.

Structure and Candlestick Patterns


The 5-minute chart showed a key consolidation between 0.02748 and 0.02786, with a brief but sharp move to 0.02816 before consolidating again. A bullish engulfing pattern appeared in the final 5-minute candle, indicating a potential reversal from bearish to bullish momentum. The session also featured a few doji near 0.0277 and 0.0280, suggesting indecision among traders.

Moving Averages and Trends


On the 5-minute chart, the 20-period and 50-period moving averages were closely aligned around 0.0277–0.0278, showing a tight range-bound structure. On the daily timeframe, a longer 200-period MA was not visible in the 5-minute data, but the 50-period MA appeared to act as a dynamic support level during the early morning.

Momentum and Volatility


MACD lines showed divergence during the late evening and early morning, suggesting potential weakening of the downward trend. RSI hit overbought levels above 70 twice, signaling temporary exhaustion, but failed to trigger a strong reversal. Bollinger Bands narrowed significantly overnight, pointing to a potential expansion or breakout in the near term.

Volume and Turnover

Volume and turnover spiked sharply during the 20:15–20:30 ET session, with a large volume bar reaching 2,163,787.0 units and a turnover of 59,664.64 USD. However, the price failed to close higher after the spike, suggesting a lack of follow-through. Later, a smaller but significant volume bar at 10:00–10:15 ET confirmed a minor pullback.

Fibonacci Levels


Applying Fibonacci retracement to the prior 5-minute swing from 0.02735 to 0.02816, the 61.8% level was at approximately 0.02776 and was tested several times during the session. The daily chart showed a larger move from 0.02748 to 0.02816, with a 38.2% retracement at around 0.02773, which held as a minor support during the consolidation phase.

Looking ahead, price appears to be in a key range-bound phase, with potential to break either direction. Traders should monitor the 0.02816–0.02822 zone for a potential breakout and watch for divergence in RSI or volume to confirm direction. As always, market volatility remains a risk, and a sudden drop in momentum could lead to consolidation or reversal.