$BONK is showing potential to go up! Now the price is stable around $0.00001801, and if it can break through the downward trend line, the price could soar to $0.0000627 and $0.0001592. Many traders are starting to be active in the BONK market, as seen from the increasing trading volume and interest in its derivatives.
Analysis from Sheldon The Sniper says that BONK is in the accumulation zone, so this could be the right moment to buy. However, there is also a mix of trader sentiment, so be careful.
On the other hand, Bitcoin is trying to break through to $64K, and there is also news about the Bitcoin ETF which is on the rise with transactions reaching $136 million. So, many are focusing on Bitcoin and Ethereum.
In essence, BONK could be an interesting opportunity, but keep an eye on its movements!
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