Market Overview for Secret/Bitcoin (SCRTBTC)

Summary
• Price formed a bullish engulfing pattern at 1.25e-06 following a consolidation phase.
• Volume spiked 11,162.8 at 20:15 ET, confirming breakout attempts.
• RSI neutral at ~53, suggesting no immediate overbought/oversold conditions.
• Price remained compressed between 1.24e-06 and 1.27e-06, indicating range-bound volatility.
• Turnover remained muted despite volume increases, signaling potential distribution.

At 12:00 ET Dec 21, 2025, Secret/Bitcoin (SCRTBTC) opened at 1.25e-06, reaching a high of 1.27e-06 and a low of 1.24e-06 before closing at 1.24e-06. Total volume over 24 hours was 59,339.9 and turnover amounted to 74.6.

Structure & Formations

The 24-hour candlestick pattern showed a consolidation into a tight range, with a bullish engulfing pattern emerging just above 1.25e-06. A bearish reversal occurred at 1.24e-06, suggesting a potential test of 1.23e-06 as support. A doji formed at 1.24e-06 near the end of the day, signaling indecision. Key resistances appear at 1.26e-06 and 1.27e-06, while support is likely at 1.24e-06 and 1.23e-06.

Moving Averages

On the 5-minute chart, 20 and 50 SMA lines converged closely around the 1.25e-06–1.26e-06 range. On the daily chart, price remained below the 200 SMA, indicating a continuation of the bearish bias. The 50 SMA crossed below the 100 SMA, reinforcing a potential short-term bearish setup.

MACD & RSI

MACD remained near neutral, with no clear histogram expansion, suggesting limited momentum. . RSI stabilized around 53, indicating a balanced market with no immediate overbought or oversold conditions.

Bollinger Bands

Price action remained tightly compressed within the Bollinger Bands, with volatility showing signs of contraction. A breakout above 1.27e-06 or below 1.23e-06 may trigger a directional move, but for now, the market remains in a low-volatility state.

Volume & Turnover

Volume spiked sharply at 20:15 ET, with 11,162.8 volume, yet turnover remained relatively low, indicating potential distribution. Later in the session, volume faded, suggesting weakening conviction. Price and turnover moved in alignment during the 01:45–02:00 ET period, but a divergence appeared near the close.

Fibonacci Retracements

Fibonacci levels on the recent 5-minute swing from 1.24e-06 to 1.27e-06 showed 38.2% at 1.256e-06 and 61.8% at 1.259e-06. These levels may serve as psychological barriers. On the daily chart, the 61.8% retracement of the larger downtrend is at 1.24e-06, coinciding with recent support.

Price may consolidate near 1.24e-06 in the short term, with potential for a test of 1.23e-06. Investors should watch for a breakout above 1.27e-06, though high volume with low turnover may signal uncertainty. Volatility may rise if key support or resistance levels are breached.