Market Overview: ZKsync/Bitcoin (ZKBTC) on 2025-12-14

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Dec 14, 2025 10:36 pm ET1min read
ZK
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BTC
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Aime RobotAime Summary

- ZKBTC traded in a 3.3e-07 to 3.5e-07 range for 24 hours, closing at 3.4e-07 with low volatility.

- A bearish engulfing pattern at 02:15 ET confirmed a breakdown below 3.4e-07, though volume remained subdued afterward.

- RSI and MACD showed neutral momentum, while Bollinger Bands reflected contraction followed by modest expansion.

- Price hovered near 38.2%-50% Fibonacci levels without clear support/resistance triggers, suggesting potential downside risk.

Summary
• Price action remained range-bound between 3.3e-07 and 3.5e-07 on ZKBTC for most of the 24-hour window.
• A small breakdown below 3.4e-07 occurred in early hours, confirmed by a bearish engulfing pattern at 02:15 ET.
• Volume spiked during the breakdown but remained muted throughout the majority of the session.
• RSI hovered near neutral territory, with no clear overbought or oversold signals observed.
• Bollinger Bands showed low volatility contraction earlier, followed by a modest expansion in the final 6 hours.

The ZKsync/Bitcoin (ZKBTC) pair opened at 3.5e-07 at 12:00 ET − 1 and ranged between 3.3e-07 and 3.5e-07 during the 24-hour window. It closed at 3.4e-07 at 12:00 ET. Total volume reached 375,190.5, while notional turnover was minimal due to the extremely low price levels.

Structure & Formations


A bearish engulfing pattern formed at 02:15 ET, signaling potential downward bias. The price remained in a tight consolidation channel between 3.3e-07 and 3.5e-07 for most of the session, lacking clear direction. No significant bullish or bearish candlestick formations appeared in the final hours.

Moving Averages


Short-term moving averages (20/50) on the 5-minute chart showed little movement, reflecting the low volatility. Price frequently tested the 50-period moving average, but did not break below it in a sustained way. No clear alignment with daily moving averages was observed.

MACD & RSI


The MACD histogram remained near the zero line, reflecting neutral momentum. RSI oscillated between 45 and 55, suggesting a lack of conviction in either direction. No overbought or oversold conditions were recorded, though a bearish divergence appeared during the initial breakdown.

Bollinger Bands


Bollinger Bands showed a period of contraction in the early hours, followed by a moderate expansion in the final six hours. Price action remained within the bands for the entire period, with no breakouts or test of outer boundaries that signaled increased volatility.

Volume & Turnover


Volume was generally subdued throughout the session, with a notable spike of 7,018.7 at 02:15 ET and a larger spike of 355,098.2 at 12:30 ET. These spikes coincided with price movements but lacked follow-through. Notional turnover remained low due to the minimal price level, despite volume increases.

Fibonacci Retracements


Fibonacci retracement levels applied to the recent 5-minute swing from 3.5e-07 to 3.3e-07 showed price hovering around the 38.2% and 50% levels. No clear support or resistance was triggered, and price action remained indecisive at key Fibonacci levels.

Price may consolidate near 3.4e-07 in the near term, but traders should remain cautious of a potential breakdown if volume and momentum confirm further bearish bias. Risk remains on the downside in the next 24 hours, especially if key Fibonacci and moving average levels are tested.