Market Overview for Siacoin/Ethereum (SCETH): Consolidation and Low Turnover

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Jan 3, 2026 3:53 am ET1min read
ETH
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Aime RobotAime Summary

- SCETH consolidates near 4.9e-07 with minimal price movement and fragmented volume across 5-minute intervals.

- A late ET breakout attempt to 5e-07 failed, reflecting weak conviction and flat momentum in technical indicators.

- Bollinger Bands contract, MACD remains flat, and RSI hovers near 50, confirming sideways indecision in the market.

- Largest 03:15 ET volume candle (748,773 units) showed no lasting price impact, suggesting liquidity provider activity.

- Market awaits directional catalysts as consolidation near 61.8% Fibonacci level increases false breakout risks.

Summary
• SCETH consolidates near 4.9e-07, with minimal price movement and no clear momentum.
• Volume is highly fragmented, with most 5-minute intervals showing no trades.
• A small breakout attempt to 5e-07 in late ET hours failed to sustain interest.

Siacoin/Ethereum (SCETH) opened at 5e-07 on 2026-01-02 12:00 ET, and closed at 4.9e-07 the following day. The 24-hour high and low were both 5e-07. Total volume traded was 1,356,692.0, with a notional turnover of approximately $0.68.

Structure & Formations


The 5-minute chart shows minimal directional movement, with most candles forming doji or near-doji patterns. Price hovered tightly between 4.9e-07 and 5e-07, with no clear support or resistance levels emerging due to the flat range.
The only minor breakout attempt occurred in the late ET hours, when price briefly reached 5e-07 but immediately collapsed back to 4.9e-07, indicating a lack of conviction in either direction.

Volatility and Momentum


Bollinger Bands show a clear contraction in volatility, with price clustering around the mid-band. MACD remains flat, and RSI oscillates around the 50 level, suggesting a lack of momentum on either side. The absence of meaningful overbought or oversold signals reinforces the sideways, indecisive nature of the market.

Volume and Turnover


Trading activity was extremely fragmented, with most 5-minute intervals showing no volume. The largest single-volume candle occurred at 03:15 ET, where 748,773.0 units were traded. Notional turnover spiked slightly in that candle as well, reaching $0.374. However, this failed to trigger any lasting price movement, suggesting the volume was likely from liquidity providers or automated rebalancing rather than speculative buying or selling.

Fibonacci Retracements and Moving Averages


Fibonacci retracements on the 5-minute chart align with the key levels of 4.9e-07 (61.8%) and 5e-07 (100%), with price currently consolidating near the 61.8% level. Short-term moving averages (20 and 50-period on 5-minute) are aligned closely, reinforcing the lack of trend.

SCETH appears to be in a period of consolidation with no clear drivers. While the low turnover and flat volume suggest a market in wait, a small breakout attempt to 5e-07 could test the upper boundary of the range in the next 24 hours. Investors should remain cautious as the absence of directional momentum increases the risk of false breakouts or continued range-bound behavior.