#数字货币市场洞察 Can BONK make a comeback this round? The weekly chart looks pretty brutal, but there’s been a bit of movement intraday. 🐶
Let’s talk data: up 5.55% in the past day, which looks decent, right? But trading volume has shrunk by nearly 10%. This small rally is mainly propped up by rumors from Bonk.fun about buyback adjustments—apparently, they’re planning to raise the buyback fee rate from the current 10% to 51%, and the market is betting on this expectation.
Looking at the longer term, it gets awkward. The key support line at $0.0000096 on the weekly chart has already been lost and is now acting as resistance. RSI has dropped to 36, OBV is trending down as well. Bulls trying to turn things around? Not easy at all.
But there’s some short-term action. On the 4-hour chart, price is consolidating between $0.00000846 and $0.0000105, and OBV is starting to pick up, which means some funds are accumulating at lower levels. The key is whether it can break through the $0.0000105 ceiling—if it does, there’s a shot at testing $0.0000135.
What to do? Just swing trade within the range—buy low, sell high. Don’t rush in with everything to try and catch the bottom. Wait for a real breakout, and keep a close eye on platform updates and the broader market sentiment.
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LiquidationTherapist
· 12-09 02:17
Be patient and wait for a breakout signal
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DefiPlaybook
· 12-08 03:50
Low breakout probability
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GasWaster69
· 12-08 03:47
It's hard to say whether it will break the support level.
#数字货币市场洞察 Can BONK make a comeback this round? The weekly chart looks pretty brutal, but there’s been a bit of movement intraday. 🐶
Let’s talk data: up 5.55% in the past day, which looks decent, right? But trading volume has shrunk by nearly 10%. This small rally is mainly propped up by rumors from Bonk.fun about buyback adjustments—apparently, they’re planning to raise the buyback fee rate from the current 10% to 51%, and the market is betting on this expectation.
Looking at the longer term, it gets awkward. The key support line at $0.0000096 on the weekly chart has already been lost and is now acting as resistance. RSI has dropped to 36, OBV is trending down as well. Bulls trying to turn things around? Not easy at all.
But there’s some short-term action. On the 4-hour chart, price is consolidating between $0.00000846 and $0.0000105, and OBV is starting to pick up, which means some funds are accumulating at lower levels. The key is whether it can break through the $0.0000105 ceiling—if it does, there’s a shot at testing $0.0000135.
What to do? Just swing trade within the range—buy low, sell high. Don’t rush in with everything to try and catch the bottom. Wait for a real breakout, and keep a close eye on platform updates and the broader market sentiment.