LUNC I shorted
Today, Bitcoin and Ethereum both stretched, but LUNC did not respond. Instead, it fell. LUNC showed obvious stagflation.
Not only LUNC, but other altcoins have not become a very big hot spot. Instead, funds seem to be concentrated in Bitcoin and Ether.
This wave of gains in LUNC followed USTC. USTC has stalled in the past two days. The reason is that USTC's rise in the past two days was too high and its market value is much higher than its value.
In addition, the LUNA currency of the LUNA series is the same as LUNC, consolidating at a high level and rising weakly. This wave of LUNA series market should be coming to an end.
