C Jumps 62.94% in a Day as Short-Term Trends Fuel Rapid Growth

On September 11, 2025, C experienced a dramatic 62.94% jump in just 24 hours, reaching a value of $9.929. This surge continued a powerful upward momentum, with the asset appreciating 199.61% over the week and 307.79% in the past month. Although C suffered a steep 3586.31% drop over the prior year, this recent rally signals a notable change in sentiment and a renewed bullish outlook.

The remarkable spike in the past day has put C’s swift turnaround in the spotlight, especially considering its history of high price swings. The 62.94% daily leap stands out as the asset’s most substantial single-day rise in recent times, pointing to a mix of influences such as shifts in market positions, algorithmic trading patterns, and possible short liquidations. Market experts anticipate that the current bullish drive may continue in the near term if buying interest remains strong.

The positive returns over seven days and one month further strengthen the evidence of an emerging short-term rally. With a 199.61% increase for the week and a 307.79% rise in a month, C has moved decisively from a bearish phase into a robust upward trend. These figures suggest a significant change in market dynamics, possibly fueled by new on-chain developments or macroeconomic indicators that had not been widely recognized before.

Technical analysis reveals that C is firmly in an uptrend, with momentum signals such as RSI and MACD indicating overbought territory, yet still reflecting strong buying appetite. The rapid price climb has yet to trigger any major wave of selling, hinting that a broad base of participants may be supporting the rally.

Backtest Hypothesis

An outlined backtest approach utilizes a breakout strategy based on the highest and lowest prices over the last 20 days. The method buys when the closing price exceeds the 20-day high and sells short if it drops below the 20-day low. In light of C’s recent rally, the model seeks to capture strong momentum while minimizing risk from potential reversals, aiming to ride the trend without excessive leverage.