Market Overview for ether.fi/Tether (ETHFIUSDT): 2025-09-14 12:00 ET

• Ether.fi/Tether surged past 1.560 amid a sharp volume expansion, forming bullish engulfing patterns.
• Volatility spiked with a 1.567 high, followed by a consolidation near 1.565, suggesting a potential range-bound phase.
• RSI indicates overbought conditions, while MACD shows waning momentum with a near-zero crossover.
• Bollinger Bands show a recent contraction, hinting at potential breakout or breakdown potential.
• Turnover surged with a 15-minute candle at 12:30 AM ET, signaling key price action and sentiment shift.

Ether.fi/Tether opened at 1.483 on 2025-09-13 12:00 ET and climbed to an intraday high of 1.609 before consolidating near 1.565 at 12:00 ET. The total volume over 24 hours was 11,012,309.7, with a notional turnover of approximately $16.63 million, reflecting significant interest and participation.

Structure & Formations

The price formed a strong bullish engulfing pattern between 19:45 and 20:00 ET, followed by a sharp 15-minute rally to 1.609. A key support appears to be forming around 1.556, which was tested multiple times. A doji formed near 1.569 on 09:15 ET, indicating indecision and potential reversal.

Moving Averages

On the 15-minute chart, the price has stayed above both the 20 and 50 EMA lines, suggesting continued bullish momentum. On the daily chart, the price remains above the 50 and 100-day EMA lines but near the 200-day line, indicating a potential consolidation phase ahead.

MACD & RSI

The MACD crossed above the signal line and is now flattening, indicating waning bullish momentum. RSI reached overbought levels (70+), suggesting a potential pullback may be due. However, RSI has not yet rolled over decisively, which means further upside could still materialize.

Bollinger Bands

The price recently broke above the upper Bollinger Band, indicating high volatility and strong buying pressure. However, the bands have since contracted, suggesting a potential lull before the next move. The current price is near the middle band, indicating a possible pivot point.

Volume & Turnover

Volume spiked significantly during the 22:15–22:30 ET timeframe, with a notional turnover of over $1.2 million in a single 15-minute period. Price and turnover aligned during the 00:30–00:45 ET period, confirming the bullish breakout. However, volume has since moderated, suggesting the rally may be entering a digestion phase.

Fibonacci Retracements

Applying Fibonacci to the 15-minute swing from 1.454 (2025-09-13 16:45 ET) to 1.609 (2025-09-14 00:30 ET), the price currently hovers near the 61.8% retracement level at 1.557. This level could act as a key support or trigger a pullback. Daily Fibonacci levels from the previous swing suggest that 1.550–1.555 is a critical support zone.

Backtest Hypothesis

A potential backtesting strategy could involve buying on a bullish engulfing pattern confirmation, with a stop loss placed below the 1.550–1.555 support zone. A take-profit target could be set at the 1.620–1.625 Fibonacci extension level. The MACD crossover and RSI divergence could be used as additional confirmation signals. The strategy would likely be most effective during high-volume consolidation phases or before a major breakout from a Bollinger Band contraction.