Market Overview for VulcanForged/Bitcoin (PYRBTC) – 2026-01-04
Summary
• Price consolidates between $5.53e-06 and $5.63e-06 on 5-min chart.
• Volume surges late in the session, especially at 22:45 and 05:30 ET.
• RSI near neutral territory suggests no immediate overbought/oversold conditions.
• Bollinger Bands show slight contraction in volatility during quiet hours.
• No decisive candlestick patterns formed during the 24-hour period.
VulcanForged/Bitcoin (PYRBTC) opened at $5.54e-06 on 2026-01-03 at 12:00 ET, reaching a high of $5.67e-06 and a low of $5.51e-06, closing at $5.56e-06 on 2026-01-04 at 12:00 ET. Total 24-hour volume was 4,037.84 and turnover was $0.0225.
Structure & Formations
Price remained within a $5.51e-06 to $5.67e-06 range, with key support at $5.53e-06 and resistance at $5.58e-06. A bearish engulfing pattern emerged at 22:45 ET, but it failed to hold as price reversed back into the range. A long-bodied bullish candle at 21:15 ET showed upward pressure but was followed by sideways consolidation.
MACD & RSI
The RSI hovered around 50, indicating no immediate overbought or oversold conditions. MACD remained flat with no clear divergence, suggesting that momentum has not yet broken out of a range-bound pattern.
Bollinger Bands
Volatility slightly contracted during the overnight hours, with price hovering close to the middle band. A minor expansion occurred during the late ET session, particularly around 05:30 and 22:45, as volume spiked.
Volume & Turnover
Volume spiked significantly in the 22:45–05:30 ET window, with the largest single candle at 22:45 ET showing 692.533 units traded. Notional turnover rose in tandem with volume, indicating price action was confirmed rather than diverging.
Fibonacci Retracements
Recent 5-minute swings from $5.53e-06 to $5.67e-06 showed a 61.8% retracement at $5.58e-06, which acted as a short-term resistance. Daily Fibonacci levels showed no strong influence on price action over the last 24 hours.
Looking ahead, price may test the $5.58e-06 resistance again if volume picks up. A break above $5.63e-06 could signal a short-term reversal, while a pullback below $5.53e-06 may trigger further consolidation. Investors should remain cautious of liquidity gaps during low-volume hours.
Decoding market patterns and unlocking profitable trading strategies in the crypto space
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet