ID Dips 87.83% in 24 Hours Amid Sharp Decline in Volatility and Market Exposure

On SEP 3 2025, ID dropped by 87.83% within 24 hours to reach $0.1502, ID dropped by 808.61% within 7 days, dropped by 306.75% within 1 month, and dropped by 6377.81% within 1 year.

The sharp price movement of ID over the last 24 hours has underscored a dramatic shift in investor sentiment and market dynamics. The near 88% drop in value within such a short period suggests a significant selloff triggered by a combination of factors, including reduced liquidity and potential profit-taking from prior positions. Analysts project that the recent volatility is atypical but aligns with a broader pattern of declining market confidence observed over the past several months. While no direct catalyst was identified, the move signals a heightened sensitivity to underlying market conditions.

Technical indicators highlight an increasing divergence between price action and key support levels, suggesting the potential for further downward pressure. The asset failed to find a stabilizing level in the immediate term, with the 200-day moving average acting as a distant reference point rather than a support mechanism. The RSI has moved into oversold territory, which typically signals a potential reversal or consolidation phase. However, given the extreme nature of the drop, such readings may reflect exhaustion rather than a turning point.

Backtest Hypothesis

A backtesting strategy was devised to evaluate the efficacy of a trailing stop-loss approach in managing exposure to ID during periods of high volatility. The strategy involves setting a stop-loss at a fixed percentage below the entry price, adjusting dynamically based on daily price swings. The aim is to limit downside risk while preserving the upside potential during brief rebounds. The hypothesis posits that such a mechanism could have mitigated a portion of the 24-hour loss by exiting the position before the most severe phase of the selloff. Further, the strategy incorporates a trailing take-profit trigger at a defined threshold above the entry point to capture short-term gains during market corrections. The performance of this strategy will be evaluated using historical price data to determine its viability under similar volatility conditions.