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
2Z surges by 129.07% within 24 hours during a period of brief market fluctuations

2Z surges by 129.07% within 24 hours during a period of brief market fluctuations

Bitget-RWA2025/10/16 16:00
By:Bitget-RWA

- 2Z surged 129.07% in 24 hours and 102.45% weekly on Oct 16, 2025, contrasting a 5880.93% annual decline. - Analysts attribute short-term gains to market corrections/speculative inflows but note unchanged fundamentals and bearish long-term trends. - Technical indicators signal overbought conditions post-rally, with RSI/MACD suggesting potential near-term pullbacks despite trend deviation. - A backtesting strategy proposes analyzing 5%+ daily gains since 2022 to evaluate post-spike performance patterns in

On October 16, 2025, 2Z experienced a dramatic 129.07% increase in value over a single day, ending at $0.00021752. In the prior week, the asset rose by 102.45%. Despite this, 2Z had previously dropped by 5880.93% over the past month and year, underscoring the asset’s significant price volatility.

This abrupt price jump indicates a swift change in market sentiment, although the overall trend remains negative. Experts believe the recent surge may be the result of specific, short-term factors such as market corrections or speculative trading, but note that the core fundamentals have largely stayed the same.

From a technical perspective, the latest 24-hour surge represents a break from the prolonged downward trend. Tools like the RSI and MACD have typically pointed to overbought signals after such rapid increases, implying that a short-term correction could follow. It is recommended that traders keep an eye on important resistance points and trading volume to better assess whether the trend will persist or reverse.

To assess how similar price surges have affected other assets, a backtesting method has been suggested. This strategy involves pinpointing dates since January 1, 2022, when a stock’s daily increase surpassed 5%, and then reviewing how prices moved in the days that followed.

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

BNB Chain Welcomes $3.8B Institutional Fund from China Merchants Bank Affiliate

Asia-Pacific's Leading Money Market Fund Now Tokenized for Accredited Investors with Real-Time On-Chain Settlement

Coineagle2025/10/16 16:57
BNB Chain Welcomes $3.8B Institutional Fund from China Merchants Bank Affiliate

LuBian Wallet Moves $1.1B BTC After 3 Years

coinfomania2025/10/16 16:39