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
BARD experienced a decline of 808.39% over the past year as technical indicators significantly worsened.

BARD experienced a decline of 808.39% over the past year as technical indicators significantly worsened.

Bitget-RWA2025/09/22 04:38
By:CryptoPulse Alert

- BARD plummeted 808.39% in 1 year, with 749.86% 24-hour drop to $0.9709, showing extreme crypto decline. - Technical indicators collapsed as BARD failed key support levels, with RSI/MACD in bearish territory and no reversal signs. - Analysts warn of continued downside unless fundamentals change, while backtests suggest systematic short strategies could exploit the trend.

On September 22, 2025, BARD plummeted by 749.86% in just one day, falling to $0.9709. Over the past 7 days, its value decreased by 808.39%, and the same rate of decline occurred over the past month and year.

BARD has suffered a dramatic and ongoing drop across all measured periods, with its technical patterns showing no indication of recovery. In the last 24 hours, the asset’s value eroded by 749.86%, settling at $0.9709. Similar steep losses of 808.39% have been recorded over the weekly and monthly timeframes. Market observers highlight that such a steep decline is among the most notable in recent cryptocurrency trends, sparking worries about the asset’s underlying viability and investor confidence.

Technical signals have worsened considerably, as momentum indicators have collapsed and trendlines remain in a clear downward trajectory. The asset has repeatedly breached critical support points on various charts, resulting in additional selling pressure. Some market participants have remarked that the drop occurred with unusually low trading volume, which may point to liquidity shortages or waning buying interest. This situation has caused the price to disconnect sharply from its fundamental or perceived value.

Both the RSI and MACD are now deep in bearish territory, with no technical evidence of a possible turnaround. Chart analysts note that BARD is now trading close to its lowest historical levels, with buyers largely absent from the market. The overall technical landscape remains decisively negative, and there are no apparent drivers that could trigger a reversal soon.

As BARD’s price continues to deteriorate, several market experts have issued pessimistic forecasts. Unless there is a meaningful shift in the asset’s fundamentals or structure, it is likely to continue sliding, with further losses expected if current technical trends persist.

Backtest Hypothesis

The persistent technical decline of BARD throughout the past year indicates that a rule-based trading approach using key indicators could have successfully exploited the downtrend. This hypothesis could be evaluated by backtesting a strategy that enters short positions when the 50-day moving average drops below the 200-day moving average. Protective stops would be set beneath major support levels, while profit targets could be set at historical resistance points or determined by Fibonacci retracement analysis.

The intention of this backtest would be to assess if such a strategy would have consistently benefited from BARD’s ongoing decline. Given the pronounced and synchronized drops over several periods, this approach likely would have yielded strong results, especially if combined with trailing stop orders to secure profits as the asset continued to fall.

1

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

New spot margin trading pair — NOM/USDT!

Bitget Announcement2025/10/14 08:00

METUSDT now launched for pre-market futures trading

Bitget Announcement2025/10/13 07:51

New spot margin trading pair — ZEN/USDT!

Bitget Announcement2025/10/13 06:00

YBUSDT now launched for pre-market futures trading

Bitget Announcement2025/10/11 06:49