Market Overview for Request/Bitcoin (REQBTC) on 2026-01-08

Summary
• Price remained range-bound near 1.17e-06 with minimal directional bias.
• Volume and turnover were near zero until a brief increase during the 19:00–20:15 ET window.
• No significant candlestick patterns or divergence observed.

Request/Bitcoin (REQBTC) opened at 1.17e-06 on 2026-01-07 at 12:00 ET, reaching a high of 1.18e-06 and a low of 1.16e-06 before closing at 1.16e-06 on 2026-01-08 at 12:00 ET. Total volume traded in the 24-hour window was 4,051.0 units, with a notional turnover of approximately 0.00457346 BTC.

Structure and Formations

The price action remained flat with minimal movement between 1.16e-06 and 1.18e-06, indicating a lack of conviction. No distinct candlestick formations, such as dojis or engulfing patterns, emerged during the day, suggesting indecision among traders.

Technical Indicators

The RSI remained near the 50 level, reflecting neutral momentum. MACD showed no clear divergence or convergence. Bollinger Bands were tightly compressed for most of the period, signaling low volatility.

Volume and Turnover

Trading volume was largely flat, with minimal activity until a brief uptick at 19:00 ET and again at 20:15 ET. Notional turnover was also low but increased slightly during the same periods. No significant price-volume divergences were observed.

Volatility and Fibonacci Levels

There were no meaningful volatility expansions or contractions. Fibonacci retracement levels for the recent swing from 1.16e-06 to 1.18e-06 would suggest potential support at 1.172e-06 (38.2%) and 1.176e-06 (61.8%), though these are not currently active.

Over the next 24 hours, REQBTC may continue to trade within a narrow range or see a small breakout if volume increases. Investors should remain cautious of low liquidity, which could lead to sharp but shallow price swings.