ZKsync/Bitcoin (ZKBTC) Market Overview: November 13, 2025

Summary
• ZKBTC traded within a tight range of $4.7e-07 to $4.9e-07 over 24 hours.
• Volume spiked briefly during overnight hours, but turnover remained low.
• RSI and MACD showed no strong momentum, with price hovering near mid-Bollinger Band.
• No decisive support or resistance levels emerged from recent candlestick patterns.
• Overbought RSI signals historically led to underperformance in ZKBTC, as per backtest.

ZKsync/Bitcoin (ZKBTC) opened at $4.8e-07 at 12:00 ET–1 and closed at the same level at 12:00 ET on November 13, 2025, with a daily high of $4.9e-07 and a low of $4.7e-07. Total volume over the 24-hour period was approximately 1,009,907.6, with a turnover of roughly $0.485 USD. Price remains range-bound, with no clear directional bias.

On the 15-minute chart, ZKBTC showed no significant breakouts or rejections at key levels. The price fluctuated within a narrow band, suggesting a consolidation phase. A few candlesticks showed slight bullish or bearish bias, but no engulfing patterns or dojis emerged. The nearest support and resistance levels appear to be within the $4.8e-07 to $4.9e-07 range, where the majority of the price action occurred.

The 20- and 50-period moving averages on the 15-minute chart are close to one another and within the current price range, indicating a neutral trend. On the daily chart, the 50, 100, and 200-period moving averages are also clustered around $4.8e-07–$4.9e-07, reinforcing the sideways movement. Price has yet to break above or below this range with conviction, so no clear trend is discernible at the moment.

MACD remains near the zero line with no clear divergence, suggesting that momentum is neutral. RSI has oscillated around 50, with a few excursions into overbought (>70) and oversold (<30) territory, but no sustained overbought or oversold readings. The Bollinger Bands are narrow, indicating low volatility. Price remains centered within the bands, suggesting a continuation of the consolidation phase. These factors imply that ZKBTC is in a waiting period, with no strong directional catalysts in sight.

ZKBTC’s volume profile showed some spikes during overnight trading, particularly between 20:45–21:00 ET and 03:30–05:00 ET, but overall turnover was low. No significant volume divergences were observed between price and volume. Fibonacci retracement levels drawn from the recent $4.7e-07 low to $4.9e-07 high indicate potential support around $4.85e-07 (38.2%) and resistance at $4.85e-07 (61.8%). These levels could become key in the next 24 hours if the price tests them.

Backtest Hypothesis
The historical performance of ZKBTC shows that entering a trade immediately after an RSI(14) overbought condition (>70) has not yielded favorable results. Over 18 such instances between 2022 and 2025, the average cumulative return was negative, with the most pronounced underperformance observed around the 15-trading-day mark. A win-rate below 35% suggests that short-term traders should exercise caution when relying on RSI overbought levels as entry points. These findings indicate that ZKBTC may not exhibit typical mean-reversion behavior after RSI > 70, and alternative entry conditions or filters may be necessary to improve strategy outcomes.