WAN +19.32% in 24 Hours Amid Volatile Short-Term Price Fluctuations

On SEP 1 2025, WAN rose by 19.32% within 24 hours to reach $0.1044, while experiencing a 335.51% drop over the previous seven days. Over the past month, the asset rebounded with a 19.32% gain. However, its annual performance has been severely negative, with a decline of 5151.94%.

The sharp 24-hour increase follows a prolonged period of bearish movement, indicating a sudden short-term reversal. The asset’s performance underscores extreme market sensitivity, likely influenced by a combination of speculative trading and news events affecting digital assets more broadly. Despite this daily gain, the broader 7-day and annual figures suggest that the asset remains in a significant bear market, with long-term holders experiencing substantial losses.

Technical analysis of the asset's price action reveals highly volatile behavior. The 24-hour surge stands in contrast to a 7-day performance that saw a dramatic drop, highlighting the asset’s susceptibility to rapid shifts in sentiment. Analysts project that such volatility may persist in the near term due to ongoing uncertainty in the digital asset space, though the short-term rebound has reignited attention from traders and investors.

The recent movement is being closely examined by traders looking for potential entry points or short-term trading opportunities. The asset’s behavior reflects a pattern often seen in digital assets characterized by high leverage and speculative activity, where small catalysts can trigger large price swings.

Backtest Hypothesis

Given the observed volatility and sharp daily swings, a backtesting approach was proposed to evaluate the potential profitability of trading around 5% daily price surges. This involved identifying historical instances where WAN’s close-to-close return exceeded 5%. The objective of the backtest is to determine whether such movements could be systematically capitalized on, either by entering long positions on surge days or by evaluating the subsequent price behavior after such events.

To proceed with this analysis, access to a recognized trading symbol for WAN is required. Current data constraints prevent the automatic detection of such price movements without a valid dataset or exchange-specific ticker (e.g., “WANUSDT” on Binance, “WAN-USD” on Coinbase). Once the correct data source is identified, a detailed backtest can be conducted to explore the consistency and reliability of these price events.