Summary
• Price consolidated around 3.4e-07 to 3.5e-07 with minimal volatility.
• A single sharp sell-off in early ET hours drove a temporary pullback.
• Volume surged during the pullback but remained muted in the final 12 hours.
• No clear reversal patterns formed, but price appears to be testing a 3.4e-07 support.
• RSI and MACD show no strong momentum, suggesting indecision among traders.
24-Hour Summary
ZKsync/Bitcoin (ZKBTC) traded between 3.4e-07 and 3.5e-07 over the past 24 hours, opening at 3.5e-07 on 2025-12-12 12:00 ET and closing at 3.5e-07 on 2025-12-13 12:00 ET. Total volume amounted to 107,060.1, with a notional turnover of approximately $0.0374 (based on
price assumption).
Structure & Moving Averages
The pair remained tightly compressed between 3.4e-07 and 3.5e-07, with no breakout attempts. On the 5-minute chart, the 20 and 50-period moving averages remained tightly aligned, reinforcing the sideways consolidation.
Daily moving averages are not applicable due to lack of daily OHLCV data, but the 5-minute 20SMA slightly dipped below 3.5e-07 following the early ET sell-off.
Momentum and Volatility Indicators
MACD remained near zero, with no bullish or bearish divergence. RSI hovered around the 50 level, reflecting neutral sentiment. Bollinger Bands constricted through most of the day, with price only briefly breaching the lower band during the early ET volume spike. Volatility remains extremely low, with no signs of an impending breakout.
Volume and Turnover Analysis
The most significant volume occurred during the 19:15–20:45 ET window, during which price moved from 3.5e-07 to 3.4e-07. This period accounted for the majority of the 24-hour volume, while turnover remained subdued afterward. No divergence between price and volume was observed, suggesting the pullback was relatively orderly.
Key Levels and Fibonacci Retracements
3.4e-07 appears to act as a strong short-term support, with price rebounding off it multiple times. Applying Fibonacci retracements to the early ET dip, the 50% and 61.8% levels align with the 3.4e-07–3.44e-07 range, suggesting it could hold for the next 24–48 hours.
ZKBTC appears to be in a phase of consolidation, with no strong directional bias. A break above 3.5e-07 could signal renewed bullish momentum, while a drop below 3.4e-07 may test the next key support. Investors should monitor volume and order flow for signs of a breakout or further range-bound behavior.
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