ETHZAR surges by 155.88% within 24 hours amid a powerful rally

On September 12, 2025, ETHZAR experienced a remarkable 155.88% jump within a single day, reaching $79,095 and continuing its steep upward trend. Over the past week, the asset has climbed 299.77%, and over the previous month, it has increased 44.96%, reflecting persistent strength across different timeframes. In the past year, ETHZAR has accumulated an astonishing 2336.43% gain, highlighting a significant shift in market sentiment.

This rapid rally has attracted considerable attention from both individual and institutional investors, with on-chain data showing more traders entering long positions. Although specific volume data is not provided, the rapid price movements indicate strong conviction among participants. ETHZAR’s volatility and impressive performance have made it stand out as one of the most notable assets in the current market environment.

Technical signals are supporting the bullish outlook. Both the 50-period and 200-period moving averages are rising, and ETHZAR has managed to close above its 200-period average, reinforcing a positive long-term trend. The RSI currently indicates overbought conditions, suggesting a possible need for price consolidation. Experts believe that as long as the RSI stays above 50 and the price remains above the 50-period average, further gains could be likely in the near future.

Backtest Hypothesis

A backtesting

has been crafted to evaluate potential trading decisions based on ETHZAR’s recent market behavior and technical signals. The main idea involves a crossover method using the 50-period and 200-period moving averages to define the trend. A buy signal is generated when the 50-period average moves above the 200-period, and an exit is signaled when the reverse takes place. The RSI acts as a filter, allowing entries only when it is above 50 and signaling exits if it falls below 30.

This method aims to leverage ETHZAR’s strong upward movement while limiting risk during downturns. With the asset currently above the 200-period average and the RSI remaining high, conditions are favorable for a bullish stance according to this model. The backtest is designed to assess whether this approach would have captured the recent rally and managed risks effectively through previous corrections.