LINKJPY - +995.12% in 7 Days Amid Volatile Market Reactions

On SEP 11 2025, LINKJPY dropped by 16.63% within 24 hours to reach $3608. Over the past seven days, however, the pair surged by 995.12%, reflecting a dramatic reversal in sentiment. This sharp movement follows a broader trend that has seen the currency pair climb by 532.16% over the last month and 3325.93% year-to-date.

The recent price action has drawn attention from traders and analysts, many of whom are examining the catalysts behind the sudden shift. While the 24-hour decline triggered concerns about market stability, the subsequent rally suggests a strong underlying demand for the asset. Notably, the upward trajectory has continued despite the sharp correction, indicating that the market may be consolidating key support levels and repositioning for further gains.

Technical analysis has highlighted several key patterns. The pair tested critical Fibonacci retracement levels during the 24-hour drop, stabilizing near a key support zone before launching its recovery. Analysts project that a successful retest of this area could reinforce the bullish outlook. Meanwhile, the monthly and yearly gains underscore the sustained upward momentum that has characterized the pair for much of 2025.

Backtest Hypothesis

A proposed backtesting strategy focuses on leveraging the technical indicators identified during the recent price action. The approach uses a combination of moving averages and Fibonacci retracement levels to identify entry and exit points. The strategy assumes long positions are initiated after the price stabilizes at key support areas, with stop-loss levels set just below these zones to manage risk. Take-profit targets are aligned with major resistance levels identified in recent price patterns.

The backtest aims to validate whether consistent use of these signals would have captured a significant portion of the recent rally. By applying this methodology retroactively, the goal is to assess its effectiveness in a real-world trading context and determine its potential as a repeatable system for future trades.