CTK -66.6% in 1 Month as Bearish Indicators Intensify

On SEP 6 2025, CTK dropped by 206.98% within 24 hours to reach $0.3214, CTK rose by 57.11% within 7 days, dropped by 285.01% within 1 month, and dropped by 5830.04% within 1 year.

The recent collapse in CTK’s price has triggered heightened scrutiny in the market, with traders and analysts monitoring key technical indicators for further signals. Over the past month, the asset has experienced a 285.01% decline, reflecting a sharp bearish trend. The 7-day rebound of 57.11% failed to reverse the overall downward trajectory, as the 24-hour plunge of 206.98% on SEP 6 further accelerated the sell-off. This volatility has placed CTK under significant pressure, with its year-to-date performance showing an alarming drop of 5830.04%, highlighting the deepening bear market sentiment.

Technical indicators suggest a continuation of the bearish momentum. The 50-day and 200-day moving averages are both trending downward, with the 50-day line now below the 200-day line, signaling a potential long-term bear market phase. The Relative Strength Index (RSI) has fallen into oversold territory, which is often a precursor to short-term corrections, though not a definitive sign of trend reversal. The MACD (Moving Average Convergence Divergence) has also turned negative, reinforcing the bearish sentiment among traders.