OPEN -139.62% in 24 Hours Amid Sharp Long-Term Downtrend

On SEP 18 2025, OPEN dropped by 139.62% within 24 hours to reach $0.8534, with a cumulative decline of 1521.76% over seven days, 4096.01% over one month, and an identical 4096.01% over the past year. The asset has experienced a protracted and severe bearish trend, marked by a sharp acceleration in price deterioration over the last week.

The 24-hour plunge marks one of the most dramatic single-day declines in recent market history. The drop occurred against the backdrop of a broader market selloff, though specific triggers for the move have not been officially attributed. Analysts project the decline reflects a combination of deteriorating sentiment, regulatory uncertainty, and a lack of major market catalysts. The extended timeframe of the drop—spanning weeks and months—suggests a broader structural realignment in the asset’s value proposition and market perception.

Technical indicators reinforce the severity of the downturn. Key support levels have been broken with little sign of immediate reversal. Moving averages across multiple timeframes have diverged sharply, indicating a loss of directional momentum. The Relative Strength Index (RSI) and MACD have both registered readings consistent with a deep bearish phase, signaling exhaustion in the asset’s short-term price action.