HOLO -1025.39% in 24 Hours Amid Sharp Sell-off

On SEP 25 2025, HOLO dropped by 1025.39% within 24 hours to reach $0.2813, HOLO dropped by 2413.04% within 7 days, dropped by 3995.7% within 1 month, and dropped by 3995.7% within 1 year.

A sharp liquidity crunch has accelerated the sell-off in HOLO, with no major project updates or strategic partnerships announced in the prior quarter. Institutional outflows have been persistent, as reflected in the sustained downward price trend across multiple timeframes. Analysts project further volatility in the near term, noting that the absence of a clear roadmap or governance reform has dampened investor sentiment.

Technical indicators have shown a continued bearish bias, with key support levels being breached repeatedly. The RSI has remained in oversold territory for over two weeks, while the MACD has shown no signs of forming a bullish crossover. These conditions point to a lack of buying pressure and a dominant short-term bearish narrative.

HOLO’s decline has also been exacerbated by broader market sentiment, though the coin has underperformed even relative to its sector peers. With on-chain activity indicating a decline in active wallets and transaction volume, the ecosystem shows signs of retrenchment. No new funding rounds, major development milestones, or regulatory clarity have emerged to stabilize or reverse the trend.

Backtest Hypothesis

A proposed backtesting strategy suggests a short-term bearish setup using a combination of moving averages and RSI levels. The strategy assumes an entry point when the 20-period moving average crosses below the 50-period line (a death cross), and the RSI is above 70, indicating overbought conditions. A stop-loss is placed at the nearest swing high, while the take-profit is set at the previous key support level. This approach aims to capture short-term momentum during continuation phases of a downtrend. Given the recent price action, this backtesting model could be used to assess the viability of a systematic short strategy in HOLO.