CKB +638.53% in 24 Hours Amid Volatile Short-Term Price Surge

On SEP 2 2025, CKB rose by 638.53% within 24 hours to reach $0.004565, while recording a 424.7% drop over seven days. The token also gained 237.45% in one month, despite a 5684.43% decline over the past year. The rapid one-day rally has triggered heightened attention among traders and analysts, who are examining potential catalysts for the sharp upward movement.

The short-term volatility highlights the unpredictable nature of CKB's price behavior. Although the token remains significantly lower than its historical levels, the recent surge suggests a potential shift in sentiment or activity within the market. Analysts project that the rapid price movement could be attributed to algorithmic trading patterns or a sudden influx of liquidity into the token’s market pair.

The 24-hour gain contrasts sharply with the broader negative trend seen in the past year. Despite the recent positive movement, long-term holders have not seen a return to pre-2025 levels. The market appears to be in a state of flux, with daily price swings offering limited directional clarity. Traders are focusing on key resistance and support levels to identify potential turning points in the asset’s trajectory.

Backtest Hypothesis

A proposed backtesting strategy aims to identify optimal entry and exit points by leveraging the same technical indicators used in the recent volatility analysis. The strategy uses a combination of moving averages and RSI levels to detect overbought and oversold conditions. It is designed to simulate trading decisions based on predefined thresholds for signal confirmation. By applying historical price data, the strategy seeks to test whether such a rule-based approach could have captured the recent 24-hour surge while avoiding the significant losses seen over the prior year.