Market Overview: Secret/Bitcoin (SCRTBTC) on 2026-01-18

Summary
• Secret/Bitcoin declined 2.4% over 24 hours, forming a bearish engulfing pattern near resistance at 1.47e-06.
• Volume surged in the 18:00–05:00 ET range, but price failed to confirm strength above 1.45e-06.
• RSI suggests oversold conditions, but bearish momentum remains intact below 1.44e-06.
• Bollinger Bands show contraction in early trading, followed by a widening sell-off.

At 12:00 ET–1, Secret/Bitcoin (SCRTBTC) opened at 1.46e-06 and peaked at 1.47e-06 before closing at 1.42e-06 after hitting a low of 1.35e-06. Total volume was 356,394.9, with turnover of 0.4949 BTC.

Structure & Formations

The price moved between 1.35e-06 and 1.47e-06, forming a bearish engulfing pattern as 1.46e-06 failed to hold. A doji at 1.45e-06 around 00:00 ET suggested indecision. Key resistance appears at 1.47e-06, with support likely at 1.42e-06 and 1.39e-06.

MACD & RSI

MACD turned negative after 02:00 ET, confirming bearish momentum. RSI dipped below 30, signaling potential oversold conditions but failed to produce a strong rebound, suggesting further consolidation or weakness is likely.

Bollinger Bands

Volatility tightened early in the session, but the 22-hour sell-off pushed price to the lower band, indicating distribution pressure. A reversal may require a retest of the 1.44e-06 level.

Volume & Turnover

Volume spiked sharply between 18:00–23:45 ET as price dropped from 1.46e-06 to 1.41e-06, showing significant selling pressure. Turnover increased disproportionately during this period, suggesting strong participation from larger players.

Fibonacci Retracements

The 61.8% retracement of the 1.35e-06 to 1.47e-06 swing is at 1.41e-06, where price found support. A break below this level could target 1.36e-06.

In the next 24 hours, a retest of 1.44e-06 may test buying interest, but bearish momentum remains intact. Investors should watch for a breakdown of the 1.41e-06 support as a sign of deeper weakness.