BFUSD +12.02% in 24 Hours on Short-Term Rebound
- BFUSD surged 12.02% in 24 hours, regaining near-full parity with the U.S. dollar after no change in prior week/month/year. - Technical indicators show overbought RSI conditions and bullish MACD, signaling potential short-term reversal but sustained upward momentum. - On-chain data suggests price movement stems from external market factors rather than redemption/collateral changes in BFUSD mechanics. - Hypothetical RSI-MACD backtesting strategy would have captured the rally by entering long positions at t
On SEP 5 2025, BFUSD rose by 12.02% within 24 hours to reach $0.9996, BFUSD rose by 0% within 7 days, rose by 0% within 1 month, and rose by 0% within 1 year.
The recent 24-hour price movement marks a sharp short-term rebound for the stablecoin, which had shown no change in the preceding week, month, and year. This suggests a temporary correction or accumulation phase in the asset’s trajectory. The price has regained nearly its full peg to the U.S. dollar, with minimal deviation observed. The 12.02% gain stands as the most significant price movement in the asset’s recent history and reflects a sudden influx of buying pressure or market repositioning.
Technical indicators suggest that the price has moved out of a consolidation pattern that had defined the asset’s behavior over the past 30 days. The short-term momentum, as captured by the 14-day Relative Strength Index (RSI), indicates overbought conditions, pointing to a potential reversal in the near term. However, the Moving Average Convergence Divergence (MACD) remains bullish, with the histogram expanding in positive territory, signaling continued upward momentum.
The on-chain data does not reflect any extraordinary changes in redemption rates or collateral ratios, suggesting that the price movement is more likely driven by external market conditions than internal fund mechanics . The absence of meaningful changes in the broader market context indicates that the price movement is idiosyncratic to BFUSD and not reflective of broader stablecoin trends.
Backtest Hypothesis
To assess the potential sustainability of the current price trajectory, a hypothetical backtesting strategy can be constructed based on the recent technical behavior. The strategy would utilize a combination of the RSI and MACD to generate buy and sell signals. A long position is initiated when the RSI crosses above 30 and the MACD line crosses above the signal line, while a short position is initiated when the RSI crosses below 70 and the MACD line crosses below the signal line.
This approach would aim to capture short-term momentum while avoiding overbought and oversold extremes. Given the recent price movement, such a strategy would have entered a long position at the beginning of the current upward move, aligning with the observed technical conditions. The exit signals would determine the effectiveness of the strategy in capturing the short-term rally.
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.
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