ZKC -2202% in 1 Year Due to Prolonged Downtrend

On SEP 19 2025, ZKC dropped by 549.46% within 24 hours to reach $0.7348, ZKC dropped by 2202% within 7 days, dropped by 2202% within 1 month, and dropped by 2202% within 1 year.

The extended decline in ZKC has drawn attention from traders and investors due to its rapid and severe nature. Over the past year, the asset has lost 2202% of its value, indicating a deep bearish sentiment in the market. This trend has persisted across multiple timeframes, with losses compounding significantly in the last 7 days and 1 month. The recent 549.46% drop in a 24-hour period signals a sharp acceleration in the downward trajectory, raising questions about the asset’s short-term viability and underlying fundamentals.

Technical indicators have been widely consulted in an attempt to identify potential reversal points or confirm the continuation of the downtrend. However, most indicators remain in bearish territory, with RSI and MACD showing no signs of overextension or bullish momentum. These patterns reinforce the narrative of a sustained sell-off, with price action continuing to break key support levels. Analysts project that without a major shift in market conditions or significant news events, the bearish trend is likely to persist, at least in the near term.

Backtest Hypothesis

A backtesting strategy has been designed to evaluate the potential profitability of trading ZKC under the current bearish conditions. The strategy is based on a short-term selling approach, triggered by specific technical signals such as the crossing of moving averages and RSI divergence. The core assumption is that the current downtrend is not only strong but also likely to continue. The strategy employs tight stop-loss and take-profit levels to capture short-term price movements while minimizing risk exposure. The hypothesis is that by aligning trades with the dominant trend and exiting early, traders may be able to extract consistent, albeit modest, gains from the falling price action.