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
LUNA - Drops 6.73% Over 24 Hours as Market Faces Widespread Decline

LUNA - Drops 6.73% Over 24 Hours as Market Faces Widespread Decline

Bitget-RWA2025/11/03 03:58
By:Bitget-RWA

- LUNA fell 6.73% in 24 hours, marking a 78.95% annual decline amid broader crypto weakness. - Analysts attribute the drop to macroeconomic factors and lack of project-specific catalysts. - Backtests show limited short-term recovery after sharp sell-offs, with 30-day returns showing 24% excess gain. - Market uncertainty persists as consolidation phases and volatility remain key risks for long-term holders.

As of November 2, 2025, LUNA’s value has fallen by 6.73% in the past day, deepening a prevailing downward trend that has resulted in a 9.53% decrease over the last week and a steep 78.95% drop over the previous year. The token ended the session at $0.0874, remaining below its price from a month earlier, which was $0.0936. These statistics highlight a persistent slump that has continued even though there have been no recent news events directly impacting the

ecosystem during this market period.

LUNA’s ongoing price weakness has not led to any definitive explanations from traders or investors, but market experts point to broader economic and industry-wide trends as primary influences. The absence of significant updates or progress within the LUNA project, along with a general downturn in the cryptocurrency sector, suggests that the decline is more about widespread risk aversion and shifting capital than any specific problems with the LUNA network itself.

Although there have been no notable project news or technical improvements for the token lately, the overall market environment has been a major factor in its recent performance. The sharp 12-month decline in LUNA’s price reflects the vulnerability of investor confidence in the sector after the collapse of the

ecosystem. With no clear signs of a turnaround on the horizon, attention is now on whether structural changes or market-driven recoveries could appear in the months ahead.

Recent conversations among analysts suggest that LUNA might be entering an early consolidation phase, though this perspective is based on technical analysis rather than new data or project milestones. The prolonged bearish trend has not yet shown signs of reversing, but some experts believe that volatility could rise as additional macroeconomic factors influence the market in the near future.

Backtest Hypothesis

A recent analysis of LUNA’s price action after significant sell-offs produced mixed findings regarding short-term recovery. Reviewing 57 cases of single-day drops of 10% or more since 2022, the study found that short-term returns (over 1–5 trading days) were mostly negative and lacked statistical significance. However, after two weeks, cumulative returns started to improve, with the 30-day period showing a statistically significant outperformance of 24%, compared to a 3% benchmark gain.

The highest win-rate for trades using this approach was 56%, highlighting considerable variability in results across different events. This indicates that while holding for a month may, on average, yield a meaningful rebound, the approach involves substantial volatility and does not ensure steady gains. The findings suggest that sharp one-day drops in LUNA have historically offered little chance of a quick rebound, and those who hold longer may see better results, though with increased risk and uncertainty.

0

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

6-7: Gen Alpha's Linguistic Time Capsule for 2025

- Dictionary.com named "6-7" its 2025 Word of the Year, a Gen Alpha slang born from a 2024 rap song and TikTok trends. - The phrase functions as an ambivalent interjection, spawning variations like "six-sendy" and disrupting classrooms with 67-word essay penalties. - Lexicographers describe it as "brainrot slang" reflecting internet absurdity, with Dictionary.com reporting 600% search spikes in October 2025. - Educators and experts note its role as a generational in-group marker, blending humor, rebellion,

Bitget-RWA2025/11/04 13:40
6-7: Gen Alpha's Linguistic Time Capsule for 2025

DeFi’s High-Stakes Rehypothecation: $284M Turmoil Reveals Deep-Rooted Systemic Weakness

- Stream Finance's collapse exposed $284M in DeFi loans and stablecoin risks via rehypothecated collateral across platforms like Euler and Silo. - Key counterparties include Elixir ($68M), TelosC ($123.6M), and MEV Capital ($25.4M), highlighting systemic fragility in interconnected DeFi markets. - xUSD stablecoin faces liquidity crunches as rehypothecated assets amplify contagion risks across Arbitrum and Plume chains. - Recent exploits at Balancer and Moonwell erased $222M, prompting calls for regulatory

Bitget-RWA2025/11/04 13:40
DeFi’s High-Stakes Rehypothecation: $284M Turmoil Reveals Deep-Rooted Systemic Weakness

DeFi’s Pursuit of High Returns Exposes Fundamental Issues of Trust and Openness

- DeFi sleuths traced $284M in interconnected loans to Stream Finance, destabilized by Balancer v2's vulnerability exploit. - Stream's xUSD stablecoin depegged to $1.15 amid panic, exposing hardcoded oracle flaws and leveraged position risks. - Recursive minting and opaque Proof of Reserve practices amplified contagion risks, eroding user confidence during withdrawals. - The crisis highlights systemic DeFi challenges: balancing high-yield strategies with transparency and robust risk governance frameworks.

Bitget-RWA2025/11/04 13:40
DeFi’s Pursuit of High Returns Exposes Fundamental Issues of Trust and Openness

Solana News Today: "While Zcash Surges, Ghostware Quietly Advances Scalable Solutions on Solana"

- Privacy-focused crypto tokens like $GHOST and $EYE gain traction amid market volatility, driven by demand for verifiable infrastructure and scalable solutions. - A major whale's $16.7M investment in $GHOST and GhostwareOS's Solana-based privacy modules highlight growing institutional confidence in the ecosystem. - Solana ETFs attract $421M in inflows, contrasting broader crypto outflows, while $EYE's renewable energy-AI hybrid model offers tangible asset-backed returns. - Zcash's 1,000% surge underscores

Bitget-RWA2025/11/04 13:24
Solana News Today: "While Zcash Surges, Ghostware Quietly Advances Scalable Solutions on Solana"