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On OCT 30 2025, ETC dropped by 0.06% within 24 hours to reach $15.42, ETC dropped by 3.57% within 7 days, dropped by 16.43% within 1 month, and dropped by 38.51% within 1 year. The recent decline marks a continued downward trajectory for the asset, raising questions about its long-term stability and potential recovery.
The price action over the last year has been notably volatile, with sharp corrections occurring in the context of broader market uncertainty. Despite some short-term stabilizations, ETC has remained under pressure, failing to regain the momentum seen earlier in the year. Analysts project that macroeconomic factors and sector-specific dynamics will continue to shape its trajectory.
Technical indicators have also shown mixed signals. While some short-term patterns suggest a potential bottoming process, the overall trend remains bearish. The absence of strong bullish catalysts has left the market exposed to further downside risks. In particular, the asset has struggled to maintain its position above key moving averages, signaling that institutional selling pressure may still be a factor.
The technical profile of ETC also shows a significant widening of the bearish bias, with RSI and MACD lines reflecting a lack of conviction in near-term rallies. This has led to a defensive positioning among traders, with increased activity in put options and hedging strategies. Market participants are closely watching for a breakout from the current consolidation pattern, which could serve as a catalyst for a broader directional move.
Backtest Hypothesis
A backtest strategy could be constructed to evaluate historical price behavior in similar market conditions. By identifying instances in which the asset fell by at least -10% over a 1-year period (from 2022-01-01 to the current date), one could analyze the subsequent performance across various time horizons. For example, a backtest could determine the average 1-, 3-, and 6-month returns following such declines, as well as the optimal holding period for profit capture. This approach would help quantify the probability of recovery and assess whether a structured trading strategy could have mitigated losses or captured gains in these scenarios. Given the current technical environment, the results could offer insights into potential entry or exit points for traders or investors.
Delivering real-time analysis and insights on unexpected cryptocurrency price movements to keep traders ahead of the curve.

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