Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
NEIRO -483.4% in 7 Days Amid Extended Decline

NEIRO -483.4% in 7 Days Amid Extended Decline

ainvest2025/08/29 04:58
By:CryptoPulse Alert

- NEIRO, a digital asset, fell 64.11% in 24 hours on Aug 29, 2025, marking its worst single-day loss. - The asset has dropped 483.4% in seven days, 752.86% in 30 days, and 6216.36% in one year, eroding investor confidence. - Analysts attribute the decline to reduced market participation and lack of institutional investment, with traders monitoring support levels for further declines. - Technical analysts are backtesting similar assets to assess recovery potential, using defined entry/exit rules to manage r

NEIRO, a digital asset currently priced at $0.00036096, has experienced a dramatic drop in value across multiple timeframes. On AUG 29 2025, the asset was recorded with a 64.11% decline over the previous 24 hours, marking its worst single-day loss in recent history. The drop has continued to accelerate over the past week, with a total loss of 483.4% over seven days. Over the past 30 days, NEIRO has fallen 752.86%, and in the span of one year, the value has plummeted by an extraordinary 6216.36%. These figures represent a continuation of a long-term downward trajectory that has significantly eroded investor confidence.

The asset’s performance reflects a broader trend of declining interest and liquidity in the digital asset. Analysts have attributed the decline to multiple factors, including reduced market participation and a lack of new institutional investment. As NEIRO continues to fall, market participants are closely monitoring technical indicators and historical price patterns to assess the likelihood of a reversal. Traders are paying particular attention to key support levels, as a breakdown below these levels could signal a further leg down in the near term.

The recent behavior of NEIRO has also sparked interest in the application of backtesting strategies to understand how similar assets have performed under comparable conditions. Technical analysts and quantitative traders are evaluating whether historical patterns might offer clues about potential recovery or continued weakness. The use of well-defined entry and exit rules is seen as a crucial element in managing risk and potentially capturing value amid the current volatility.

Backtest Hypothesis

To develop a meaningful backtest for NEIRO-like price behavior, it is important to first establish a clear set of parameters. A stock universe must be defined—ideally a list of tickers that have experienced a drawdown of approximately 64.11% since 2022-01-01. If such a list is not available, a specific index (e.g., S&P 500 or NASDAQ 100) can be used as a proxy to screen for similar assets. Once the universe is defined, a trading logic must be established. This can include rules such as entering a position when the drawdown exceeds 64% and holding for a fixed number of days, or incorporating stop-loss and take-profit levels to manage risk. Finally, the strategy should be compared against a benchmark or risk-free rate to assess its effectiveness and relative performance.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ZRX -332.08% 24H Drop Amid Volatile Short-Term Performance

- ZRX plummeted 332.08% in 24 hours to $0.2481 on Aug 29, 2025, amid extreme short-term volatility. - Despite recent 3.9% weekly gain and 814.69% monthly surge, ZRX remains down 4396.33% year-to-date. - Technical analysis shows bearish long-term trends but short-term momentum recovery, complicating trading strategies. - A backtest proposes buying ZRX after 10% daily drops, holding 5 days, to exploit potential reversal patterns.

ainvest2025/08/29 07:13
ZRX -332.08% 24H Drop Amid Volatile Short-Term Performance

U.S. Economic Data Now Immutable on Blockchain, Setting Global Transparency Standard

- Chainlink and Pyth partner with U.S. Department of Commerce to bring key economic data onchain via BEA metrics. - Data is accessible on major blockchains, enabling DeFi innovations like inflation-linked products and real-time prediction markets. - U.S. aims to enhance transparency and position as blockchain leader, with PYTH and LINK tokens surging post-announcement. - Global adoption trends emerge as U.S. sets precedent for blockchain-based data distribution, fostering trust and accessibility.

ainvest2025/08/29 07:12
U.S. Economic Data Now Immutable on Blockchain, Setting Global Transparency Standard

Bitcoin's Cross-Chain Revolution: How Portal to Bitcoin’s $50M Raise and BitScaler Could Redefine DeFi Settlement

- Portal to Bitcoin raises $50M to develop BitScaler, a trust-minimized adapter enabling native Bitcoin transactions across 30+ blockchains without custodial bridges. - BitScaler uses modified multi-party channels and Taproot scripts to reduce on-chain footprints, slashing fees while maintaining non-custodial control over funds. - The protocol's Hub-and-Spoke network and Portal Attestation Chain ensure verifiable cross-chain operations, positioning Bitcoin as a scalable DeFi settlement layer. - With Bitcoi

ainvest2025/08/29 07:09
Bitcoin's Cross-Chain Revolution: How Portal to Bitcoin’s $50M Raise and BitScaler Could Redefine DeFi Settlement

The EU-US Trade Pact: A Strategic Win for European Automakers and U.S. Energy Firms

- The 2025 EU-US Trade Pact slashes US tariffs on EU cars to 15% from 27.5%, boosting European automakers' competitiveness in North America. - EU procurement commitments guarantee $750B in US LNG/oil/nuclear energy purchases through 2028, creating long-term windfalls for energy firms. - Dual tariff reductions and $600B EU investments in US clean energy sectors accelerate infrastructure expansion and decarbonization transitions. - Strategic synergies emerge through cross-sector partnerships, including defen

ainvest2025/08/29 07:09
The EU-US Trade Pact: A Strategic Win for European Automakers and U.S. Energy Firms