C -3881.34% Y/Y on Sharp Devaluation Amid Volatile Market Activity

On SEP 12 2025, C dropped by 153.06% within 24 hours to reach $9.46, C dropped by 1113.51% within 7 days, dropped by 166.37% within 1 month, and dropped by 3881.34% within 1 year.

The devaluation reflects a sharp and sustained sell-off across all major exchanges tracking C, with the asset collapsing in value over the course of a year. The 3881.34% annual decline is among the most severe in recent digital asset history, signaling a dramatic shift in sentiment and liquidity dynamics. The drop, while primarily attributed to broader macroeconomic factors, has intensified scrutiny over the asset’s long-term viability and structural weaknesses.

Technical indicators highlight a bearish divergence between price action and momentum oscillators, suggesting the market may be oversold or trapped in a prolonged downward spiral. On the daily chart, the RSI remains below 20 for an extended period, a sign typically associated with exhausted bearish momentum. However, due to the prolonged nature of the decline, the indicator’s usual predictive power is muted, and traders are advised to look for confirmatory signals from on-chain metrics and macroeconomic releases.

Backtest Hypothesis

The backtesting strategy focuses on a combination of moving averages and volatility thresholds to identify potential entry and exit points amid the extended downtrend. The core of the strategy involves a 50-day and 200-day moving average crossover, complemented by a volatility filter based on a 20-day standard deviation. When the 50-day MA crosses below the 200-day MA and the price falls below a volatility-adjusted support level, a sell signal is triggered.

The hypothesis is that these signals would have captured key inflection points during the 12-month period, enabling traders to mitigate exposure before the most severe declines. The strategy also includes a trailing stop-loss mechanism to lock in gains or limit losses as the trend persists. While the indicators are not designed to reverse the price trajectory, they aim to provide a structured and disciplined approach in navigating the extended bear market.