Market Overview for ether.fi/Tether (ETHFIUSDT): October 13, 2025 (12:00 ET)

• ETHFIUSDT opened at 1.202 and traded between 1.199 and 1.314, closing at 1.273.
• Price surged to a 24-hour high of 1.314 before retracing toward 1.273, suggesting bearish momentum.
• Volatility expanded, with volume peaking at 1.42M near 13:45 ET, while turnover confirmed strength in the higher range.
• RSI indicates overbought conditions in the high range, while Bollinger Bands signal a potential reversal near 1.25–1.28.
• MACD divergence near 1.26–1.27 suggests a possible pullback; 50-period MA currently at 1.253 could act as a pivot.

The ether.fi/Tether (ETHFIUSDT) pair opened at 1.202 on October 12 at 12:00 ET and closed at 1.273 on October 13 at the same time, trading as high as 1.314 and as low as 1.199 over the 24-hour period. Total traded volume amounted to approximately 14.22 million units, while notional turnover reached $18.54 million (based on 1.273 average close). Price exhibited a sharp rally to 1.314 followed by a consolidation phase near 1.27–1.28, with mixed volume flow indicating indecision.

Structure & Formations

The 15-minute OHLC data reveals a strong bullish impulse from 1.202 to 1.314 over five hours, followed by a bearish correction. A potential bearish engulfing pattern formed around 1.314 as price closed below the prior candle’s body, suggesting short-term exhaustion. Notable support levels include 1.25–1.26 and 1.23–1.24, while resistance is now at 1.28–1.29 and 1.314. A doji-like formation at 1.305-1.310 indicates hesitation and could signal a pause in the current trend.

Moving Averages

ETHFIUSDT is currently above its 20-period and 50-period moving averages (1.253 and 1.268 respectively), suggesting short-term bullish momentum. On a daily chart, the 50/100/200-period MAs are aligned in a bullish configuration, reinforcing the likelihood of a continuation of the recent high range. However, a pullback below 1.253 could see the 50-period MA acting as a pivot to test support at 1.23–1.24.

MACD & RSI

The MACD line turned negative near 1.30, signaling a bearish shift in momentum. RSI reached overbought territory above 70 during the 1.314 high and has since declined to around 55, suggesting exhaustion and a potential correction. Divergence between price and RSI near 1.26–1.27 is a cautionary signal that a short-term reversal is likely. A RSI fall below 50 could confirm bearish sentiment.

Bollinger Bands

Volatility expanded significantly during the 1.314 high, with price reaching the upper band before retreating to the mid-band and then testing the lower band at 1.236. The current price of 1.273 sits near the mid-band, indicating a consolidation phase. A retest of the upper band could indicate renewed bullish momentum, whereas a drop below the lower band would suggest a deeper correction is in play.

Volume & Turnover

Volume surged to over 1.42 million units at 13:45 ET following the high of 1.314, confirming short-term strength. However, volume declined afterward, with lower turnover volumes during the consolidation phase, signaling weakening momentum. A divergence between price and volume in the 1.25–1.28 range suggests caution for buyers. Higher volumes on a break below 1.243 would confirm bearish conditions.

Fibonacci Retracements

Applying Fibonacci to the recent 1.199–1.314 swing, the 38.2% retracement level is at approximately 1.266, which aligns with the current price range. The 61.8% level is at 1.249, and the 50% level at 1.256. Price appears to have found resistance at 1.266 and is now consolidating near the 50% retracement level. A break below 1.249 would signal a deeper pullback into key support.

Backtest Hypothesis

The technical indicators—particularly the MACD divergence and RSI overbought readings—suggest a possible bearish reversal in the ETHFIUSDT pair. A backtest using a MACD Golden-Cross strategy on a daily timeframe, combined with a 5-day-hold rule, could offer insights into the potential effectiveness of a bearish position during consolidation. A 15-minute chart-based strategy, however, would need to account for the high volatility and short-lived signals seen in the 1.314 high and subsequent pullback. Testing the performance of ETHFIUSDT using this approach from 2022–2025 would clarify whether such a strategy could have profited from similar patterns in the past.