ZKC -2707.54% in 1 Year Amid Market Downturn

On SEP 24 2025, ZKC dropped by 534.6% within 24 hours to reach $0.6849, ZKC dropped by 1162.13% within 7 days, dropped by 2707.54% within 1 month, and dropped by 2707.54% within 1 year.

The cryptocurrency has experienced a severe price correction across multiple timeframes, with the most dramatic decline occurring over the last 24 hours. The one-month and one-year timeframes both report an identical 2707.54% drop, underscoring a prolonged bearish trend. This sharp depreciation has drawn attention from traders and investors as a potential inflection point in the asset's valuation and technical setup.

The decline has led to a critical reevaluation of ZKC’s position in the crypto market. Analysts project that the asset remains under significant selling pressure, with key support levels now in focus. The absence of positive momentum or stabilizing patterns in the price action indicates a lack of immediate buyer interest. This scenario raises questions about the token's fundamentals and the sustainability of its use case, particularly in the absence of new developments or market catalysts.

Backtest Hypothesis

The technical indicators currently in play have inspired a potential backtesting strategy aimed at assessing the viability of a long-term trading approach. The strategy focuses on evaluating historical price behavior relative to established technical levels and momentum signals. By applying a structured set of rules based on price retracements and volume patterns, the backtest seeks to determine whether the asset's volatility can be leveraged profitably. Given the prolonged bearish trend, the backtest may also explore the effectiveness of shorting strategies or hedging techniques that align with the current market dynamics.