ZKC -7184.97% in 1 Year Amid Market Downturn

On OCT 10 2025, ZKC dropped by 509.51% within 24 hours to reach $0.2678, ZKC dropped by 1785.71% within 7 days, dropped by 3936.27% within 1 month, and dropped by 7184.97% within 1 year.

The recent performance of ZKC has underscored a sharp and sustained bearish trend. Over the past 24 hours, the asset lost more than half of its value, reflecting heightened selling pressure and investor pessimism. The broader timeframe reveals an even more pronounced decline, with a cumulative loss of over 7100% in the past year. This suggests a structural shift in sentiment, driven by a combination of speculative unwinding, reduced liquidity, and external macroeconomic pressures.

From a technical standpoint, the chart patterns and indicators show a clear bearish bias. Multiple key support levels have been broken with little resistance, and the absence of significant buying activity at these levels has reinforced the downward trajectory. Moving averages across various timeframes have shifted into a bearish alignment, with short-term averages falling below long-term averages. These signals collectively suggest a continuation of the current downtrend is likely in the near term.

Analysts project that ZKC may continue to face downward pressure in the absence of a clear catalyst for reversal. Given the magnitude of the decline, any short-term bounce is expected to be met with renewed selling, particularly as the market tests previous support-turned-resistance levels. Market participants are advised to exercise caution and closely monitor key technical levels for potential turning points.

Backtest Hypothesis

The backtest strategy under consideration is based on a combination of moving averages and volume signals. The core idea involves entering a short position when the 10-period moving average crosses below the 50-period moving average, with confirmation from declining volume. Exit points are determined by a crossover of the same indicators in the opposite direction, or by reaching a predetermined stop-loss level.

This strategy aligns closely with the current technical environment for ZKC, where the indicators are already in a bearish configuration. The backtest would aim to capture the momentum of the ongoing downtrend while minimizing exposure to potential false breakouts or temporary rebounds. The use of volume signals adds a layer of confirmation to filter out low-probability trades.