The main trigger for the rally in LUNC was the sudden surge in trading volume. Increased speculative activity pushed the price up in the short term. At the same time, LUNC's correlation with Bitcoin dropped to 0.04, indicating almost complete decoupling. Such low correlation suggests the token is temporarily acting independently from BTC. These kinds of divergences can create opportunities for traders seeking independent momentum. However, similar movements have been observed in many altcoins recently. Mostly, these fluctuations reflect temporary speculative cycles rather than a long-term structural change.
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The main trigger for the rally in LUNC was the sudden surge in trading volume. Increased speculative activity pushed the price up in the short term. At the same time, LUNC's correlation with Bitcoin dropped to 0.04, indicating almost complete decoupling. Such low correlation suggests the token is temporarily acting independently from BTC. These kinds of divergences can create opportunities for traders seeking independent momentum. However, similar movements have been observed in many altcoins recently. Mostly, these fluctuations reflect temporary speculative cycles rather than a long-term structural change.