FF -5048.72% Year-to-Date Amid Liquidity Concerns and Governance Overhaul

On OCT 7 2025, FF dropped by 1068.93% within 24 hours to reach $0.00013664, FF dropped by 1925.69% within 7 days, dropped by 2812.6% within 1 month, and dropped by 5048.72% within 1 year.

A governance overhaul at FF is underway, initiated by the board following a shareholder vote in early September. The changes involve restructuring the board and implementing new voting mechanisms to increase transparency and stakeholder participation. These moves aim to address governance concerns that have persisted for months, though the market reaction has been sharply negative, as liquidity issues continue to plague the asset.

The technical indicators used in the backtest strategy include the 50-period and 200-period moving averages and the relative strength index (RSI). These tools are designed to identify overbought and oversold conditions while tracking broader trend direction. The backtest evaluates long entry points based on the convergence of RSI and moving average crossovers, with a strict exit strategy once a predefined price threshold is met.

Backtest Hypothesis

The proposed backtesting strategy is rooted in identifying potential trend reversals in FF by monitoring key technical indicators. The hypothesis assumes that the market will exhibit a measurable reaction to the governance changes over the coming weeks and months. The strategy is designed to enter long positions when the 50-period moving average crosses above the 200-period moving average—known as a “golden cross”—while the RSI is below 30, signaling oversold conditions. The exit condition is set at a 10% gain or a 5% loss, whichever occurs first, to limit downside risk while capturing potential upward momentum.

The strategy does not account for the current extreme volatility or liquidity challenges but is intended for historical validation. Analysts project that this approach could provide insight into how market psychology might evolve post-governance reform, assuming stability in the broader economic environment.