OPEN drops by 139.62% over 24 hours during a significant extended decline

On September 18, 2025, OPEN plummeted by 139.62% in a single day, dropping to $0.8534. Over the previous week, the total decline reached 1521.76%, and the asset fell 4096.01% over both the past month and year. This reflects a prolonged and intense downward trajectory, with the pace of losses accelerating notably in the most recent week.

This 24-hour collapse stands out as one of the most significant one-day selloffs in recent market memory. While the fall took place amid a wider market downturn, no specific cause has been officially cited. Market experts believe the drop is likely the result of worsening investor outlook, unresolved regulatory concerns, and the absence of strong positive developments. The extended duration of the decline—persisting for weeks and even months—points to significant shifts in both the asset's perceived value and overall market attitude.

Technical analysis further highlights the depth of the selloff. Major support thresholds have been breached without clear signs of a rebound. Moving averages on various timeframes have diverged substantially, suggesting a breakdown in trend direction. Both the Relative Strength Index (RSI) and MACD are indicating a pronounced bearish phase, pointing to a clear loss of short-term price strength.