ZKC -1066.37% in 24 Hours Amid Sharp Downturn

On SEP 22 2025, ZKC dropped by 1066.37% within 24 hours to reach $0.7628, ZKC dropped by 133.16% within 7 days, dropped by 1877.39% within 1 month, and dropped by 1877.39% within 1 year.

The dramatic decline in ZKC reflects an intense bearish trend across multiple timeframes, with no signs of stabilization. The 24-hour drop of over 1000% is among the most severe in recent history, indicating significant sell pressure and market panic. The 7-day drop of 133.16% underscores a sustained period of weakness, while the 1-month and 1-year drops of 1877.39% reveal a long-term trend of depreciation with no identifiable recovery points in the recent past.

Technical indicators show ZKC has been trading in a deep bear market. The Relative Strength Index (RSI) is at historic lows, suggesting the token is extremely oversold. Meanwhile, the Moving Average Convergence Divergence (MACD) remains deeply negative, reinforcing the bearish momentum. These signals, however, do not guarantee an immediate reversal, as they typically indicate a continuation of the current trend until a significant external catalyst occurs.

The extended period of decline has drawn attention from market observers, many of whom are analyzing the structural factors behind ZKC's performance. Analysts project that the token is facing challenges related to its fundamental value proposition, liquidity, and investor sentiment. With no major product launches or governance changes reported in the recent news, the market appears to be reacting to broader macroeconomic factors or internal governance concerns.

Backtest Hypothesis

A backtesting strategy has been proposed to assess whether a mechanical trading approach could have mitigated the losses or identified exit points during the recent downturn. The strategy is based on a combination of moving averages and momentum indicators. Specifically, it uses a 50-day and 200-day moving average crossover to signal trend direction and a stop-loss mechanism triggered by a 10% pullback from the highest closing price.

The strategy aims to enter a long position when the 50-day MA crosses above the 200-day MA and exit when the opposite occurs. In highly volatile scenarios like ZKC’s recent plunge, the stop-loss would activate early, potentially limiting exposure to deep drawdowns. While this approach may not have prevented the majority of the losses during the 1066.37% decline, it could have provided a structured way to manage risk and reduce emotional decision-making during the crisis.