Smallinvesting

The cryptocurrency market has seen a much-needed relief rally over the past couple of weeks following a rocky start to 2025. Ethereum (ETH), for instance, plummeted nearly 45% in Q1 but has since bounced back with a strong 30% recovery from its April 9 low. This optimism is now rippling across the market — and Bonk (BONK), the Solana-based memecoin, is catching traders’ attention.
BONK has surged by an impressive 5+% over the last 30 days, and current technicals suggest the rally may not be over just yet.
Accumulation Phase: From April 26 to May 3, BONK moved sideways within a tight range, showing typical signs of accumulation as traders built positions.Manipulation Phase: Since May 4, the price dipped below support, likely triggering stop-losses and shaking out retail traders — a hallmark of the manipulation phase. This “fake-out” is often a precursor to a bigger move.#Bonk #CryptoTruth #Ripplenet #Marketcrash #Smallinvesting $BONK