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 & block trade
Convert crypto with one click and zero fees
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
OPEN -4184.89% YTD During Significant Decline Due to Liquidity Issues

OPEN -4184.89% YTD During Significant Decline Due to Liquidity Issues

Bitget-RWA2025/09/26 00:44
By:CryptoPulse Alert

- OPEN's price plummeted 21.8% in 24 hours, with a 5855.22% annual drop, triggering market scrutiny over its sustained depreciation. - Analysts attribute the crisis to liquidity constraints, governance gaps, and failed product advancements eroding investor confidence. - Technical indicators show RSI in oversold territory and MACD in consistent bearish momentum, with no reversal signals detected. - Proposed risk-mitigation strategies include stop-loss orders at key support levels and volatility-based positi

On September 25, 2025, OPEN experienced a sharp 21.8% decline within a single day, dropping to $0.6012. Over the past week, the token plummeted by 3871.43%, with losses deepening to 5855.22% over both the past month and year.

OPEN’s recent price action has captured the attention of market participants, as the asset has undergone a dramatic and persistent downturn. Its value has fallen steeply across all major timeframes, culminating in a one-year decrease of 5855.22%. Such a drastic drop highlights a mix of underlying and technical issues that have eroded trust in the project.

Experts warn that unless liquidity improves or the project demonstrates tangible progress in governance or product development, OPEN may continue to face significant headwinds. The asset’s repeated failure to recover or maintain previous support levels signals deteriorating market confidence, increasing the risks for current holders.

From a technical perspective, OPEN’s price has yet to show any indication of a trend reversal, as critical support points have consistently been breached. The Relative Strength Index (RSI) has remained in oversold territory for an extended period, reflecting weak buying pressure and a lack of short-term recovery signals. At the same time, the Moving Average Convergence Divergence (MACD) continues to post negative values, reinforcing the ongoing bearish trend with no immediate signs of improvement.

Backtesting Approach

Traders might consider reviewing historical price data to evaluate whether systematic exit strategies or position management could have reduced losses. For example, a backtesting scenario could involve placing stop-loss orders at historically significant support levels or employing trailing stops to limit downside while capturing partial gains. Adjusting position sizes based on volatility and liquidity could also be explored to optimize risk management.

This backtesting model would measure how effective these strategies might have been using OPEN’s actual price history. Given the sustained downward movement, the emphasis would likely be on risk mitigation and capital preservation rather than seeking bullish opportunities. The goal would be to determine if exiting positions at certain points could have resulted in better overall outcomes.

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

Ethereum’s Fusaka Update: Paving the Way for 12,000 TPS Scalability by 2026

- Ethereum's Fusaka upgrade activates Holesky testnet on October 1, 2025, with mainnet launch scheduled for December 3, 2025. - Upgrade increases gas limit fivefold to 150 million units and introduces PeerDAS to boost data efficiency and reduce rollup costs. - Expected to enable 12,000 TPS by 2026 through enhanced throughput, Verkle Trees, and expanded smart contract capabilities. - Phased testnet rollout (Holesky, Sepolia, Hoodi) prioritizes risk mitigation, with sequential validation before mainnet deplo

Bitget-RWA2025/09/26 02:29
Ethereum’s Fusaka Update: Paving the Way for 12,000 TPS Scalability by 2026

"XRP ETF Launches with High Volatility: Regulatory Green Lights May Trigger a Comeback"

- REX-Osprey's XRP ETF (XRPR) launched with $37.7M in volume but triggered a 5% price drop to $2.83, erasing $11B in market value. - Institutional selloffs and Bitcoin's 57.7% dominance highlighted macro risks, with technical indicators warning of potential breakdown below $2.82 support. - SEC faces October 18 deadline on Grayscale's ETF conversion, with 11+ applications pending and 95% approval probability by year-end 2025. - Ripple's legal battle nearing resolution as SEC prepares to drop appeal, potenti

Bitget-RWA2025/09/26 02:29
"XRP ETF Launches with High Volatility: Regulatory Green Lights May Trigger a Comeback"

Institutional Investment in ADA and BlockDAG’s Rapid Growth Face Challenges Amid Fed’s Unpredictable Crypto Policies

- Cardano (ADA) sees whale accumulation of 200M tokens ($157M) as institutional interest and ETF approval odds rise to 75%. - BlockDAG hits 3M users, driven by DeFi growth and Layer 2 innovations, challenging Ethereum/Solana in cross-border payments. - Fed's 2025 rate cut and hawkish pivot trigger $1.1B crypto liquidations, with altcoins like XRP/Solana facing sharper declines. - ADA's $0.82–$0.83 resistance breakout could target $0.93–$1.08, but regulatory delays and inflation risks cap short-term gains.

Bitget-RWA2025/09/26 02:29
Institutional Investment in ADA and BlockDAG’s Rapid Growth Face Challenges Amid Fed’s Unpredictable Crypto Policies

Ethereum Whales Shed $20M but Acquire $2.5B—Is the Market Poised for a Breakout?

- Ethereum whales added 60,333 ETH ($255M) in late September 2025 despite $20M losses on leveraged short positions, signaling bullish accumulation amid market volatility. - Institutional Ethereum ETFs saw $1.37B in 19-day inflows, while whale wallets (1,000–100,000 ETH) increased holdings by 3.79B ($1.49B) to control 27% of total supply. - Technical analysis highlights ETH consolidation near $2,607, with potential breakout above $2,850 targeting $3,000–3,200, but risks persist from regulatory uncertainty a

Bitget-RWA2025/09/26 02:15
Ethereum Whales Shed $20M but Acquire $2.5B—Is the Market Poised for a Breakout?