Market Overview for Horizen/Bitcoin (ZENBTC) – 24-Hour Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byShunan Liu
Thursday, Dec 18, 2025 2:00 am ET1min read
BTC
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ZEN
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Aime RobotAime Summary

- ZENBTC fell 1.78% to 0.00008517 amid rising volume and a bearish engulfing pattern.

- Volatility spiked 500x during 17:45–19:45 ET as RSI approached oversold levels.

- Price consolidates near 61.8% Fibonacci support, with MACD divergence signaling continued downward pressure.

- Traders warned of potential breakdown below 0.00008517, which could trigger renewed bearish momentum.

Summary
• Price declined from 0.00008772 to 0.00008517, with a bearish 1.78% move on rising volume.
• A bearish engulfing pattern formed at 0.00008772–0.00008748, signaling short-term bearish momentum.
• Volatility spiked during the 17:45–19:45 ET window, with RSI near oversold levels at 0.00008587.

Market Overview

The Horizen/Bitcoin (ZENBTC) pair opened at 0.00008772 and closed at 0.00008517 after hitting a high of 0.00008772 and a low of 0.00008517. Total volume reached 3,334.89 ZEN, with a notional turnover of approximately 0.286 BTC.

Structure & Formations


Price action revealed multiple bearish signals, including a bearish engulfing pattern at 0.00008772 and a key support level forming around 0.00008517–0.00008542.
No clear bullish reversal patterns emerged, though consolidation near 0.00008517 suggests potential for a short-term bounce.

Moving Averages


On the 5-minute chart, price is below both the 20 and 50-period moving averages, confirming a short-term downtrend. Daily 50/100/200 MA analysis shows no immediate reversal signals, with price maintaining a downward drift.

Momentum & RSI


The RSI dipped below 30 during the session, indicating oversold conditions, though it failed to close near that level, suggesting cautious optimism for a pullback. MACD remained negative with bearish divergence, reinforcing downward pressure.

Volatility & Volume


Volatility surged between 17:45–19:45 ET, with ZENBTC experiencing a 500x increase in volume. A divergence between falling price and rising turnover during that window suggests a potential reversal.

Fibonacci Retracements


The move from 0.00008772 to 0.00008517 places price near the 61.8% Fibonacci level, indicating a possible short-term floor for further support.

ZENBTC appears to be consolidating near key support, with the possibility of a small retracement in the next 24 hours. Traders should remain cautious of further breakdowns below 0.00008517, which may trigger renewed bearish momentum.