Market Overview for Secret/Bitcoin (SCRTBTC): Consolidation and Caution

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Wednesday, Dec 10, 2025 9:13 am ET1min read
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- SCRTBTC price declined to $1.44e-06 amid bearish consolidation patterns and weak momentum.

- RSI signaled oversold conditions near 30, but low volume limited potential for short-term rebounds.

- Bollinger Bands showed price clustering near lower band, indicating continued downtrend bias with moderate volatility.

- Key support at $1.44e-06 and resistance near $1.49e-06 identified as critical levels for near-term directional clues.

Summary
• Price drifted lower on mixed volume, with SCRTBTC forming bearish consolidation patterns.
• RSI signaled oversold conditions, but momentum remains weak.
• Bollinger Bands showed mild volatility contraction, with price near lower band.

Secret/Bitcoin (SCRTBTC) opened at $1.51e-06 (12:00 ET - 1), reached a high of $1.51e-06, and a low of $1.44e-06, closing at $1.44e-06 (12:00 ET). Total volume for the 24-hour window was 61,562.1, with turnover approximately $89.6.

Structure & Formations


Price action on the 5-minute chart showed a bearish trend with several small-bodied candles and a morning session pullback followed by a retest and further decline. Key support appears near $1.44e-06, where price found a short-term floor. A potential resistance level is forming around $1.49e-06, which may become a pivotal point for near-term buyers.

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Moving Averages and Momentum


On the 5-minute chart, the 20-period and 50-period moving averages indicate downward bias, with price consistently below both. The RSI dipped into oversold territory near 30, signaling potential for a short-term bounce, but momentum remains muted due to low volume and mixed price action.

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Bollinger Bands and Volatility


Volatility remained moderate, with price hovering near the lower band of Bollinger Bands for most of the session, indicating a potential continuation of the current downtrend. No significant contractions or expansions were observed, suggesting a continuation of consolidation.

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Volume and Turnover


Volume was uneven, with spikes in activity during price corrections but weak follow-through on downward moves. Turnover and volume diverged slightly on the decline, suggesting limited conviction from sellers. The most notable volume spikes occurred during the price dip to $1.44e-06, where accumulation may be occurring.

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Fibonacci Retracements

Applying Fibonacci to recent 5-minute swings, price may find near-term support at 38.2% retracement (~$1.46e-06) and 61.8% (~$1.49e-06), which could offer potential entry or reversal points.

The market appears to be in a consolidation phase, with bearish pressure prevailing for now. A retest of $1.44e-06 or a rejection at $1.49e-06 could offer directional clues in the next 24 hours. Investors should watch for volume confirmation on any potential breakouts or breakdowns.