Deep Dive
1. Broad Market Weakness (Bearish Impact)
Overview: The global crypto market fell 7.21% in 24h (as of 1 December 2025), driven by Bitcoin dominance rising to 58.59% and fear-driven sentiment (Fear & Greed Index: 20/100). Altcoins like NCT often lag during Bitcoin-focused risk-off periods.
What this means: Investors are rotating into Bitcoin amid macroeconomic uncertainty, starving smaller altcoins of liquidity. NCT’s –35.14% 30d return vs. Bitcoin’s –21.79% drop highlights its higher volatility and sensitivity to market-wide selloffs.
2. Technical Breakdown (Bearish)
Overview: NCT trades 45.7% below its 200-day SMA ($0.0189), signaling a long-term bearish trend. The price broke below the critical $0.0115 Fibonacci support (23.6% retracement level) on 30 November, triggering stop-losses.
What this means: The breakdown suggests weak buying interest near key levels. RSI-14 at 39.04 (neutral) and a –5.55% 1h drop indicate no immediate oversold bounce. Sustained trading below $0.0115 could expose the 2025 low of $0.0006 as a psychological floor.
What to look out for: A close above $0.0115 (23.6% Fib) to signal short-term stabilization.
3. Low Volume & Speculative Sentiment (Mixed)
Overview: NCT’s 24h volume plunged 63.68% to $1.11M, reflecting fading trader interest. Despite bullish long-term forecasts (e.g., BTCC’s 2025 target of $0.032–$0.049), recent news (Splunk integration, CYBERWARCON participation) failed to ignite momentum.
What this means: Thin liquidity amplifies price swings, while the lack of fresh catalysts keeps speculative buyers sidelined. The 0.057 turnover ratio (volume/market cap) signals illiquid markets, increasing slippage risks for large trades.
Conclusion
NCT’s decline reflects a toxic mix of Bitcoin dominance, broken technicals, and low conviction among altcoin traders. While its cybersecurity use case and partnerships (e.g., Splunk) offer long-term potential, short-term sentiment hinges on Bitcoin’s trajectory and NCT’s ability to reclaim $0.0115.
Key watch: Can NCT stabilize above its 17 November swing low of $0.0101, or will Bitcoin’s dominance push it to new yearly lows?