ZKC Dips 136.84% in 24 Hours Amid Sharp Decline Across Timeframes

On OCT 14 2025, ZKC dropped by 136.84% within 24 hours to reach $0.1876, marking one of the most severe single-day declines in recent memory. The asset has experienced a broader and more extreme drop over longer timeframes, including a 3275.92% fall over seven days, a 5703.81% drop in a month, and an 8005.53% decline in the past year. This sharp movement has drawn attention from market participants, though no immediate catalysts or announcements have been attributed to the drop.

The decline reflects a deepening bearish sentiment and is consistent with a broader downward trend observed in ZKC’s performance. Analysts project further consolidation if key support levels are not able to hold. The absence of recent news or trading activity from ZKC has left the market with limited directional guidance, contributing to the rapid and steep decline.

In the immediate term, the asset’s performance is closely being monitored for signs of reversal. Technical indicators suggest that ZKC is currently trading well below major moving averages, with the RSI and MACD confirming a strong bearish bias. The lack of liquidity and limited trading activity may exacerbate short-term volatility, though this is not uncommon for assets experiencing such extreme price movements.

Backtest Hypothesis

The recent performance of ZKC raises questions about the effectiveness of event-based strategies in managing or predicting such steep declines. An attempt to pull daily return data for the ticker “ZKC” from 2022-01-01 to the present has returned an empty result, suggesting potential data limitations or misidentification of the ticker. This could be due to one of the following: the symbol “ZKC” is not recognized by the data source, or the historical pricing for that symbol is not available for the requested period.

To refine the backtest strategy, it is necessary to confirm the exact ticker and exchange associated with ZKC, or clarify whether it refers to a token, ADR, or index. Once this information is available, the price series can be retrieved, and the study can be conducted by identifying every -10% down-day since 2022 and analyzing the performance of a strategy around those events. This approach would help assess whether traditional indicators or rule-based trading could have mitigated or captured the risk and opportunity embedded in the asset’s price action.