Market Overview for StaFi/Bitcoin (FISBTC) – 24-Hour Summary

Summary
• Price formed a bearish engulfing pattern near a prior high, signaling potential reversal.
• Volatility expanded after midday ET with volume surging to $373,522, confirming downward pressure.
• RSI entered oversold territory, but price failed to bounce, suggesting bearish momentum remains intact.
• Bollinger Bands showed contraction early, followed by a sharp price break below the lower band.
• Fibonacci retracement at 61.8% aligned with key support, currently under test.

StaFi/Bitcoin (FISBTC) opened at 3.2e-07 on 2025-12-12 12:00 ET, reached a high of 3.4e-07, and closed at 2.8e-07 by 2025-12-13 12:00 ET, with a low of 2.8e-07. Total volume across the 24-hour period was 1,143,794.0, with a notional turnover of approximately $331,302.

Structure & Formations

A bearish engulfing pattern formed at 3.4e-07 on 2025-12-12 18:15 ET, suggesting a reversal in upward momentum. The price failed to reclaim that level, confirming a bearish shift. A long bearish candle at 3.1e-07 to 3e-07 on 2025-12-12 20:30 ET reinforced the downtrend. Key support at 2.8e-07 has been tested multiple times and appears to be the immediate floor.

Volume & Turnover

The largest volume spike occurred on 2025-12-12 18:15 ET with 373,522.0 units traded, coinciding with a drop from 3.4e-07 to 3.1e-07. A second major volume event on 2025-12-12 20:45 ET saw 413,717.0 units traded, as the price consolidated below 3e-07. Turnover increased steadily after midday ET, indicating higher participation in the sell-off.

Momentum & Volatility

RSI dipped into oversold territory late in the 24-hour window, but price failed to respond with a bullish bounce, suggesting continued bearish bias. Bollinger Bands showed a narrow contraction early in the period, followed by a sharp expansion as price broke below the lower band. The 20-period moving average remained above price, indicating bearish momentum.

Fibonacci Retracements

The most recent 5-minute swing from 3.2e-07 to 2.8e-07 saw price stall near the 61.8% retracement level, currently at 2.9e-07. This level has been a magnet for price and appears to be the immediate pivot point. A break below 2.8e-07 would target the next support at 2.7e-07, based on the prior swing.

FISBTC may consolidate near 2.8e-07 for the next 24 hours, testing its ability to hold the support level. However, without a clear reversal sign or volume confirmation, a further pullback into 2.7e-07 territory could be likely. Investors should monitor the 2.9e-07 pivot level and divergence in RSI for early reversal signals.