USDC -1.12% 24H Amid 38.66% 7D Gains, Sharp Long-Term Decline

On SEP 20 2025, USDC dropped by 1.12% within 24 hours to reach $5.3482, USDC rose by 38.66% within 7 days, dropped by 219.07% within 1 month, and dropped by 130.82% within 1 year.

The recent 24-hour decline in USDC has drawn attention to the ongoing volatility in the stablecoin’s price, despite a notable 38.66% gain over the past week. This short-term rebound contrasts with a longer-term bearish trend, as the asset has fallen by over 200% within a month and more than 130% in the past year. Market participants are closely monitoring whether this weekly recovery is a sustainable reversal or a temporary rebound in a broader downtrend.

Despite the recent drop, the weekly increase suggests a potential shift in sentiment or a correction in overbought conditions from previous weeks. However, the sharp long-term drop underscores structural challenges or shifts in demand that have weighed on USDC’s value. Analysts are watching for signs of stabilization in order books and liquidity metrics, which could signal whether the 38.66% weekly gain is a turning point or an anomaly.

The price action over the past seven days appears to have attracted a wave of tactical traders and algorithmic strategies, as the move suggests a possible exhaustion of short-term selling pressure. Technical indicators suggest that the recent uptick may have created a short-term floor, though it remains unclear whether buyers are positioned to maintain this momentum beyond the immediate horizon.

Backtest Hypothesis

Given the recent price action, a backtesting strategy has been proposed to evaluate the efficacy of trading signals derived from the same technical indicators that suggest a potential short-term bottom. The strategy involves identifying key price levels and volume patterns that occurred during the 38.66% weekly gain and testing their predictive value in historical data. This approach aims to isolate whether the market behavior observed in the past week is an isolated event or a pattern that can be reliably exploited.

The backtest will use historical entries and exits based on the same conditions that emerged from the recent 7-day rally. By applying these signals across a broader historical data set, the strategy aims to assess the probability of similar outcomes occurring in past cycles, thereby offering insight into whether the current market behavior is unique or part of a recurring trend.