Yesterday, BONK once surged over 26% in a single day, attracting a lot of attention. How should we view this rally? Let's discuss.
From a fundamental perspective, activity on the Solana chain is indeed increasing, and as a veteran Memecoin in the Solana ecosystem, BONK's popularity has recently warmed up. The influx of capital into Solana-related assets is not unfounded—on-chain data shows that the trading volume of SOL and related tokens is rising, which has also boosted BONK's visibility.
From a technical standpoint, after this rally, the upcoming performance is worth watching:
📊 Short-term focus (this week): • 0.000015 is a key resistance level; if it surges near this point, a pullback is likely, don't chase blindly • Support below is at 0.000010; if it breaks this level, a reassessment is needed • It is recommended to control your position size and avoid going all-in
📈 Mid-term expectations (1-3 months): • If the fundamentals continue to improve, 0.000022 is a reasonable target price • Whether it can hold the support at 0.000010 is crucial—holding it leaves room for imagination
⚠️ Important reminder: Memecoin-type assets are highly volatile, with rapid gains and quick drops. Even if the opportunity looks good, proper risk management is essential—set reasonable stop-loss levels and don't put all your hopes on one coin. Taking profits is also very important; don’t wait for the dream of doubling to turn into an empty promise.
Overall, the recent surge in BONK is supported by the increased heat in the Solana ecosystem, but the risk characteristics of Memecoins cannot be ignored. Friends holding positions should do their homework, and those on the sidelines shouldn’t fear missing out—good opportunities will always come.
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SingleForYears
· 01-07 23:17
26% in one day, this market trend feels a bit fierce. Is it real or not?
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LiquidationTherapist
· 01-05 03:57
A 26% increase looks great, but memecoin is just like this; it might be halved tomorrow haha
View OriginalReply0
PretendingToReadDocs
· 01-05 03:55
26% in one day? Wake up, buddy. That's the typical pattern of memecoin—comes quickly and goes even faster.
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ImpermanentPhobia
· 01-05 03:54
26% in one day? Bro, that's what a memecoin should look like, but don't get too excited too early.
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OnChainArchaeologist
· 01-05 03:53
It's another celebration of memecoin, this time it's bonk. Basically, it's just capital rotation.
Yesterday, BONK once surged over 26% in a single day, attracting a lot of attention. How should we view this rally? Let's discuss.
From a fundamental perspective, activity on the Solana chain is indeed increasing, and as a veteran Memecoin in the Solana ecosystem, BONK's popularity has recently warmed up. The influx of capital into Solana-related assets is not unfounded—on-chain data shows that the trading volume of SOL and related tokens is rising, which has also boosted BONK's visibility.
From a technical standpoint, after this rally, the upcoming performance is worth watching:
📊 Short-term focus (this week):
• 0.000015 is a key resistance level; if it surges near this point, a pullback is likely, don't chase blindly
• Support below is at 0.000010; if it breaks this level, a reassessment is needed
• It is recommended to control your position size and avoid going all-in
📈 Mid-term expectations (1-3 months):
• If the fundamentals continue to improve, 0.000022 is a reasonable target price
• Whether it can hold the support at 0.000010 is crucial—holding it leaves room for imagination
⚠️ Important reminder:
Memecoin-type assets are highly volatile, with rapid gains and quick drops. Even if the opportunity looks good, proper risk management is essential—set reasonable stop-loss levels and don't put all your hopes on one coin. Taking profits is also very important; don’t wait for the dream of doubling to turn into an empty promise.
Overall, the recent surge in BONK is supported by the increased heat in the Solana ecosystem, but the risk characteristics of Memecoins cannot be ignored. Friends holding positions should do their homework, and those on the sidelines shouldn’t fear missing out—good opportunities will always come.