ZKC -1012.53% in 24 Hours Amid Sharp Correction

ZKC experienced a dramatic price correction on SEP 17 2025, with a 1012.53% decline in the last 24 hours, bringing the token to a current price of $0.7268. This follows a broader selloff that has persisted for the past week, month, and year, with identical 2291.4% drops recorded across all timeframes. The movement has raised concerns among investors and analysts, who are now examining the underlying factors and market conditions contributing to the sharp depreciation.

The price drop has been attributed to a combination of market sentiment shifts and broader macroeconomic pressures affecting the digital asset space. ZKC had previously seen volatility driven by speculative trading and exposure to cross-chain protocols, but recent activity suggests a reversal in confidence. The token’s movement aligns with broader sector trends, where many assets have seen rapid corrections following a period of extended optimism.

Technical indicators have also signaled bearish momentum, with key support levels being broken and trading patterns suggesting a continuation of downward pressure. Analysts project that ZKC will remain under pressure until a clear reversal signal is observed in the form of sustained buying interest or a stabilization in broader market conditions. There is no consensus on a near-term bottom, but the technical structure indicates that the decline could persist unless a strong catalyst emerges.

Backtest Hypothesis

A proposed backtesting strategy aims to evaluate the performance of ZKC under a defined set of technical conditions. The approach involves entering long positions when the token breaks above a 50-period moving average, while short positions are initiated when ZKC falls below a 200-period moving average. Stop-loss and take-profit levels are calculated using daily volatility. The strategy is designed to capture directional momentum and is intended for use in both trending and range-bound conditions.

The hypothesis is that this strategy could have provided early exits or entries during the recent selloff, especially in the context of ZKC’s sharp decline. By analyzing historical price behavior against these criteria, it may be possible to assess whether a similar framework could have mitigated risk or enhanced returns during the current correction. Further testing is required to validate the effectiveness of the approach in real-world market conditions.