CETUS -74.5% in 24 Hours Amidst Sharp Correction

On SEP 6 2025, CETUS dropped by 188.89% within 24 hours to reach $0.0894, while recording a 184.54% increase over the last seven days and a 79.91% rise in the past month. The coin, however, has declined by 6942.52% in the past year, reflecting a broader market correction in the asset class.

The recent price drop has sparked renewed scrutiny over CETUS’s market positioning and liquidity profile. Despite the 7-day and 30-day gains, the asset’s 24-hour decline underscores a sharp correction amid shifting investor sentiment. Analysts project that the drop could be attributed to profit-taking following recent volatility, as well as a broader reevaluation of risk within the digital asset space.

Technical indicators suggest a bearish near-term outlook for CETUS. The coin’s price has fallen below its 50-day and 200-day moving averages, signaling a potential continuation of the downward trend. The Relative Strength Index (RSI) is currently in oversold territory, though analysts caution that this may not necessarily predict a reversal without a strong volume signal to confirm it.

Backtest Hypothesis

A proposed backtesting strategy seeks to model CETUS’s recent behavior using a combination of moving averages and RSI as entry and exit signals. The strategy employs a short-term signal based on the crossover of the 10-day and 50-day moving averages, with RSI acting as a filter to avoid false positives during high-volatility periods. During testing, the model would open a short position upon a bearish crossover and close the position when the RSI indicates oversold conditions, assuming a bounce is imminent. The approach aims to capture the short-term volatility observed in CETUS’s recent price action without exposure to longer-term trends.