WCT -148.05% 24H Drop Amid Sharp Volatility and Year-Long Gains

On SEP 1 2025, WCT dropped by 148.05% within 24 hours to reach $0.307, marking the largest 24-hour drop in its recent history. Over the past seven days, the asset plummeted by 371.59%, and it has fallen by 148.05% over the last month. Despite these steep declines, WCT has experienced a dramatic long-term recovery, rising by 4640% over the past year. This sharp drop highlights the extreme volatility that has become a recurring feature of WCT’s price action.

The sudden price collapse has drawn attention to WCT’s technical indicators and broader market sentiment. Analysts note that the 24-hour drop to $0.307 may have been triggered by a combination of profit-taking from year-long gains and potentially weak positioning from long-term holders. The rapid sell-off has pushed WCT into what appears to be an oversold territory, though no clear reversal signals have emerged yet. Given the magnitude of the decline, some observers have speculated about the role of liquidity pressures or algorithmic trading strategies in amplifying the move.

Technical analysts have also pointed to the broader context of WCT’s 4640% gain over the last year, suggesting that the recent drop may be part of a correction phase rather than a bearish reversal. However, the lack of a clear support level being tested and the absence of stabilizing buying interest have left the market uncertain about WCT’s near-term direction.

Before implementing a backtesting strategy, clarification is needed on several key parameters. First, the specific stock or list of stocks to be analyzed must be defined. Second, the reported “-148.05%” decline appears to exceed the physical limit of a 100% price drop, raising the possibility that this figure may refer to an alternative metric such as a cumulative decline over multiple periods or a reverse split scenario. Finally, the backtesting window should be confirmed—should the analysis start from 2022-01-01 and extend through 2025-09-01?