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Summary
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ETHFIUSDT) formed a bullish engulfing pattern near 0.676, signaling a potential reversal.Ether.fi/Tether (ETHFIUSDT) opened at 0.689 on 2025-12-31 12:00 ET, reached a high of 0.722, and closed at 0.721 on 2026-01-01 12:00 ET. Total volume was 1.39 million, with turnover of 943,580.68 USD.
Structure and Key Levels
The price formed a bullish engulfing pattern at 0.676 during the early hours of 2025-12-31, followed by a consolidation phase until a breakout above 0.690. The 0.690–0.693 range acted as a psychological pivot and later as support, while the 0.703–0.722 level became the new resistance cluster.

Momentum and RSI Behavior
RSI climbed steadily throughout the session, peaking near 65, reflecting strong upward momentum but not yet overbought conditions. MACD turned positive with a bullish crossover, suggesting continued strength in the next 24 hours, provided volume remains supportive.
Volatility and Bollinger Band Expansion
Price action expanded well beyond the upper Bollinger Band after 05:00 ET, with volatility increasing as a result of strong buying pressure. This divergence from the 20-period MA suggests potential consolidation or a pullback could follow.
Volume and Turnover Dynamics
Volume remained elevated after 09:00 ET, with a notable spike at 09:15 ET as price surged from 0.695 to 0.703. Turnover rose in tandem, confirming the strength of the breakout and reinforcing the likelihood of continued bullish sentiment.
Looking ahead, the 0.706–0.722 range could see some profit-taking pressure, especially if RSI approaches overbought territory. Investors should monitor the 0.715–0.718 level as a critical pivot, with a potential test of 0.730 if bullish momentum persists. As always, sudden news or exchange-level events could disrupt current trends.
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