BONK drops 18% as memecoins slide – Is another leg down coming?

ambcryptoPublicado em 2026-02-02Última atualização em 2026-02-02

Resumo

BONK, a leading memecoin, experienced a significant downturn, dropping 18.77% amid a broader memecoin sector decline of over 15%. Despite a promising bullish breakout in early January, where it breached a key resistance level and rallied, the momentum faltered. The broader bearish pressure, partly due to Bitcoin's inability to sustain higher prices, contributed to the sell-off. Key support around $0.0000074 was swept, and a short-term bounce toward $0.0000090–$0.0000095 is possible. However, traders are advised to view any rebound as a selling opportunity, anticipating further declines toward $0.0000060 or lower. A bearish reversal is expected in early February.

BONK saw a bullish structure shift in the first week of January. This breakout appeared highly promising, but has faltered massively since then.

The popular memecoin ranks 6th in the sector, sorted by market capitalization.

CoinMarketCap data revealed that the memecoin sector has been hit hard by the past week’s losses. The sector is down 15.47% collectively, and BONK was down 18.77%.

For comparison, the leading meme, Dogecoin [DOGE], has shed 14.5%.

BONK rally only a blip in a longer-term downtrend

As covered earlier, the bullish structure break in early January came when the downtrend’s swing point at $0.0000103 was breached. Subsequently, Bonk [BONK] rallied to $0.0000134 but fell back over the rest of the month.

Bitcoin’s [BTC] inability to stay above $94.5k over the past two weeks highlighted bearish pressure in the market, and BONK faced sizeable selling pressure. As a result, the OBV fell below December’s low, keeping the OBV’s downtrend since August ongoing.

The path ahead for BONK

The cluster of liquidations around $0.0000074 has been swept. To the north, the next interesting magnetic zones were at $0.0000090 and $0.0000095.

The memecoin may see a price bounce to this liquidity pocket.

However, as things stand, it is unlikely the bounce would extend that high.

Traders’ call to action – Expect a short-term bounce and a reversal

The 1-hour price chart presented a bearish setup for traders. Based on the most recent impulse move on this timeframe, the $0.00000755-$0.00000785 levels were key Fibonacci retracement levels.

BONK would likely bounce to test these resistance levels before continuing its bearish move.

Traders can use this bounce to sell. The downward move would target the $0.0000064 local low, and could slide further to $0.0000060 and $0.0000053.

Final Thoughts

  • The Bonk breakout in early January was promising, but it did not go as the bulls expected it to.
  • A short-term price bounce followed by a bearish reversal is expected in the first week of February.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Criptomoedas em alta

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
aPrioriAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
velodrome
Velodrome FinanceVELODROME
brev
BrevisBREV
cake
PancakeSwapCAKE
jst
JUSTJST

Perguntas relacionadas

QWhat was the overall performance of the memecoin sector in the past week according to CoinMarketCap data?

AThe memecoin sector was down 15.47% collectively over the past week.

QWhat key level did Bitcoin's (BTC) inability to hold above contribute to bearish pressure on BONK?

ABitcoin's inability to stay above $94.5k over the past two weeks highlighted bearish pressure in the market, which contributed to selling pressure on BONK.

QAccording to the analysis, what is the expected short-term price action for BONK in the first week of February?

AA short-term price bounce followed by a bearish reversal is expected in the first week of February.

QWhat are the two key Fibonacci retracement resistance levels identified on the 1-hour chart for BONK's potential bounce?

AThe two key Fibonacci retracement resistance levels are $0.00000755 and $0.00000785.

QWhat was the significance of the price level at $0.0000103 for BONK's trend in early January?

AThe price level at $0.0000103 was the downtrend's swing point. Breaching this level in early January signaled a bullish structure shift.

Leituras Relacionadas

A 'Overlooked' Market Event: Joint US-Japan-South Korea Intervention, Rare US Treasury Involvement, and Bessent's Quiet 'Market Rescue'?

Summary: The United States, Japan, and South Korea executed their largest coordinated foreign exchange intervention in nearly 30 years. The action targeted depreciation pressure on the Japanese yen and South Korean won. This move is seen as a significant effort by the US to stabilize the financial markets of its key allies and prevent the spillover of risks. Key details: * Japan reportedly intervened on July 30 using approximately 8.45 trillion yen (about $52.8 billion). South Korean authorities also intervened that day, selling dollars to support the won. * Notably, the US Treasury Department intervened directly in yen markets for the first time in roughly 30 years. The New York Fed, reportedly acting on behalf of the Treasury, sold euros to buy yen via Goldman Sachs and Morgan Stanley on July 31. Analysts view the use of the euro-yen pair as a way to alleviate yen pressure without adding selling pressure to the US dollar. * Prior to the action, the New York Fed conducted "rate checks" on both USD/JPY and EUR/JPY, a newer signaling tool that falls between verbal and physical intervention. The intervention is interpreted as going beyond traditional currency stabilization. Analysts, such as Michael Hartnett of Bank of America, suggest it resembles a "Price Keeping Operation" for the AI era. The core US objectives are perceived to be: 1. Preventing rapid yen depreciation from triggering a sharp rise in Japanese government bond yields. 2. Containing financial stress from spreading across Asian markets like South Korea and Japan. 3. Reducing the risk of disorderly capital flows impacting the US bond market. This coordinated action underscores the importance of Japan and South Korea as critical partners in the US semiconductor and AI supply chain. Stabilizing their financial markets is seen as vital to mitigating risks to the broader tech industry and the US market itself. The intervention coincides with market pressures, including the KOSDAQ index hitting a low since October 2022. While seen as a move to control volatility, some analysts caution it may not fundamentally reverse existing market trends.

marsbitHá 1m

A 'Overlooked' Market Event: Joint US-Japan-South Korea Intervention, Rare US Treasury Involvement, and Bessent's Quiet 'Market Rescue'?

marsbitHá 1m

Will the Federal Reserve Definitely Raise Interest Rates in September? How Will Cryptocurrencies and US Stocks Bear the Pressure?

In early August 2024, market expectations for a September Federal Reserve rate hike surged dramatically, from below 50% to over 80%, driven by renewed inflation concerns. This shift followed a contentious July FOMC meeting where a 9-3 vote to hold rates revealed a growing hawkish faction advocating for an immediate hike, citing prolonged above-target inflation. The key catalyst is escalating conflict near the Strait of Hormuz, which has pushed oil prices up approximately 20% in July, threatening to reignite inflation. The next critical data point is the July CPI report on August 12th; a hot reading could solidify hike expectations. For crypto assets, particularly Bitcoin, this represents near-term pressure. Bitcoin continues to exhibit high-beta, risk-on characteristics, making it sensitive to tightening liquidity and higher opportunity costs. However, historical precedent suggests that if a hike is perceived as the cycle's end rather than its start, the negative impact may be brief, with markets quickly pivoting to anticipate future rate cuts. U.S. stocks, especially crypto-linked equities like Coinbase and high-valuation tech stocks, face amplified volatility. Higher rates increase discount rates in valuation models, pressuring growth stocks. This coincides with a pivotal tech earnings season where investor focus has shifted from massive AI capital expenditures to demonstrable revenue and cash flow generation. Companies with negative cash flows and weak growth narratives could see severe pressure if a September hike materializes, as financing costs would rise. Key indicators to watch include oil prices, upcoming inflation data, and Fed commentary at events like the Jackson Hole symposium.

Odaily星球日报Há 1m

Will the Federal Reserve Definitely Raise Interest Rates in September? How Will Cryptocurrencies and US Stocks Bear the Pressure?

Odaily星球日报Há 1m

How Likely is it for TradeXYZ to Go Solo from Hyperliquid?

The article analyzes the possibility of TradeXYZ, a dominant project on Hyperliquid's HIP-3 real-world asset (RWA) perpetual contracts market, splitting off to build its own independent trading platform. With TradeXYZ commanding over 90% of HIP-3 volume and over 35% of Hyperliquid's total open interest, its leverage and influence are significant. The primary motive for a split is seen as capturing the underlying protocol fees, of which TradeXYZ currently receives only half. However, several factors strongly discourage such a move. First, replicating Hyperliquid's high-performance infrastructure would be challenging and could degrade TradeXYZ's product quality. Second, Hyperliquid serves as a crucial distribution channel, with most users accessing TradeXYZ's liquidity through its frontend. Third, the close, trusting relationship between the founders of both projects makes a hostile "betrayal" unlikely. The conclusion is that a split would likely result in a lose-lose scenario. Hyperliquid would lose its main growth narrative and see its valuation impacted, while TradeXYZ would face immense technical hurdles, lose its primary user channel, and damage its reputation. Instead of a full separation, the more probable path is for TradeXYZ to negotiate better terms while deepening integration, focusing on enhancing its own brand and user ownership.

marsbitHá 52m

How Likely is it for TradeXYZ to Go Solo from Hyperliquid?

marsbitHá 52m

"Teletubbies" Robot Cleaning Service, $30/Hour, Pure·Manual·Intelligence

Anthropomorphic "Teletubby" robot offers cleaning services in San Francisco at $30/hour, but it's entirely remote-controlled. The robot, created by startup Tau Robotics, can perform household tasks like washing hands, mopping floors, and taking out trash. While the initial demo videos appear impressive and are notably shown at normal speed (unlike many sped-up robot demos), the company reveals the actions are performed via human teleoperation, not autonomous AI. Tau Robotics, founded in 2024, argues this "cheat" is a strategic way to bridge the current capability gap, ensure task completion, and collect real-world home data to eventually train autonomous systems. Their service features three robot models: Chelsea for kitchens/bathrooms, Elon for regular tidying with memory, and Tony for deep cleaning. Priced at $30 per hour, it's cheaper than average human cleaners in the US. The article discusses the broader challenge of deploying humanoid robots in homes, comparing Tau's approach to others like China's Ziliang and the US's 1X Neo, which also use teleoperation. A key reason for choosing a humanoid form is to make remote control more intuitive for human operators. The piece also notes the potential "emotional value" of having a humanoid servant. The service is currently invite-only in San Francisco.

marsbitHá 1h

"Teletubbies" Robot Cleaning Service, $30/Hour, Pure·Manual·Intelligence

marsbitHá 1h

From South Korea to the United States: Blue-Collar Jobs Are Becoming Increasingly Popular, Thanks to AI

AI is reshaping the labor market's value proposition. The traditional four-year college degree is losing its appeal as a guaranteed career path, while skilled blue-collar trades like electricians, welders, and plumbers are experiencing historic demand and wage premiums. This shift is driven by dual pressures: AI's displacement of certain white-collar roles and a booming need for physical infrastructure and data center construction. Data confirms the trend. In the U.S., vocational school revenue surged, and a significant portion of recent layoffs are AI-related. Surveys show a majority of Gen Z adults plan to pursue blue-collar work, citing better job security against AI automation. Vocational education interest has exploded recently. Experts cite a psychological shift as younger generations seek tangible, AI-resistant careers and avoid high student debt. In many cases, salaries for skilled trades now match or exceed those requiring a bachelor's degree. In South Korea, semiconductor vocational high schools boast near-total employment, with graduates securing high-paying roles at companies like Samsung. The shortage is structural, exacerbated by a retiring baby boomer workforce and massive infrastructure projects. Companies like JPMorgan Chase, Meta, and Lowe's are investing heavily in training programs. However, overcoming historical stigma and a "perception gap" around trade careers remains a key challenge to closing the talent gap.

marsbitHá 1h

From South Korea to the United States: Blue-Collar Jobs Are Becoming Increasingly Popular, Thanks to AI

marsbitHá 1h

Trading

Spot

Artigos em Destaque

Como comprar BONK

Bem-vindo à HTX.com!Tornámos a compra de Bonk (BONK) simples e conveniente.Segue o nosso guia passo a passo para iniciar a tua jornada no mundo das criptos.Passo 1: cria a tua conta HTXUtiliza o teu e-mail ou número de telefone para te inscreveres numa conta gratuita na HTX.Desfruta de um processo de inscrição sem complicações e desbloqueia todas as funcionalidades.Obter a minha contaPasso 2: vai para Comprar Cripto e escolhe o teu método de pagamentoCartão de crédito/débito: usa o teu visa ou mastercard para comprar Bonk (BONK) instantaneamente.Saldo: usa os fundos da tua conta HTX para transacionar sem problemas.Terceiros: adicionamos métodos de pagamento populares, como Google Pay e Apple Pay, para aumentar a conveniência.P2P: transaciona diretamente com outros utilizadores na HTX.Mercado de balcão (OTC): oferecemos serviços personalizados e taxas de câmbio competitivas para os traders.Passo 3: armazena teu Bonk (BONK)Depois de comprar o teu Bonk (BONK), armazena-o na tua conta HTX.Alternativamente, podes enviá-lo para outro lugar através de transferência blockchain ou usá-lo para transacionar outras criptomoedas.Passo 4: transaciona Bonk (BONK)Transaciona facilmente Bonk (BONK) no mercado à vista da HTX.Acede simplesmente à tua conta, seleciona o teu par de trading, executa as tuas transações e monitoriza em tempo real.Oferecemos uma experiência de fácil utilização tanto para principiantes como para traders experientes.

428 Visualizações TotaisPublicado em {updateTime}Atualizado em 2026.06.02

Como comprar BONK

Discussões

Bem-vindo à Comunidade HTX. Aqui, pode manter-se informado sobre os mais recentes desenvolvimentos da plataforma e obter acesso a análises profissionais de mercado. As opiniões dos utilizadores sobre o preço de BONK (BONK) são apresentadas abaixo.

活动图片

Categorias popularesright-arrow

Etiquetas Popularesright-arrow