ETC Rises 285.3% in 24 Hours Amid Sharp Volatility Shifts

On SEP 1 2025, ETC surged by 285.3% in 24 hours to reach $21.07. Over the past week, however, the token has declined by 111.58%. In a broader time frame, the monthly gain stands at 285.3%, while the annual drop remains pronounced at 1512.37%. The recent price movement appears to reflect a sharp reversal after a period of sustained decline, suggesting a potential bottoming pattern amid heightened volatility.

ETC’s dramatic daily increase comes in the wake of a prolonged downward trend. This 285.3% gain within a single day is one of the most notable moves in recent memory, contrasting sharply with the 111.58% loss recorded over the previous seven days. Such rapid price swings underscore the token’s sensitivity to market sentiment and liquidity shifts.

The monthly performance reinforces the token’s volatility. After a month-long rally of 285.3%, the token has managed to reverse much of the recent losses. Analysts project that the current price movement could be an early sign of stabilization, but emphasize that a longer-term recovery remains uncertain given the steep annual loss.

The token’s price behavior is closely tied to technical indicators. Notably, ETC’s recent surge coincided with a potential reversal pattern on key charts. Moving average convergence divergence (MACD) and relative strength index (RSI) readings have shown signs of a bottoming process. The RSI has moved out of oversold territory, while the MACD histogram has begun to show positive divergence. These signals may indicate a potential shift in momentum, though further confirmation is required.

Backtest Hypothesis

A backtesting strategy was applied to analyze ETC’s price behavior around significant daily price changes. The event-based backtest focused on trading days where ETC’s closing price moved either +5% or more (a surge) or -10% or more (a sharp drop). The sample spanned from January 1, 2022, to September 1, 2025, capturing a total of 150 qualifying events.

The objective was to assess how the token performed over a 30-day period following each event, relative to a benchmark. The analysis included win-rate metrics and cumulative excess returns. The results aim to provide insights into how investors might historically have fared by acting on such volatility signals.

The data highlights the potential of using sharp price changes as entry or exit signals, particularly for short-term strategies. However, it also underscores the high volatility and risk involved. The strategy’s effectiveness is contingent on liquidity, market conditions, and timing, all of which remain subject to real-time market dynamics.