Cena Bonk on BaseBONK

BONK Falls 5% to $0.00001223 After Rejection at Key Resistance

Bitcoin holds strong, altcoins start showing strength The crypto market remains resilient today, with Bitcoin (BTC) hovering around $69,800, maintaining its weekly gains despite a slight intraday pullback. The consolidation above $68k suggests strong support from institutional buyers, especially after recent ETF inflows. Meanwhile, Ethereum (ETH) continues to trade near $3,300, with renewed optimism around upcoming scalability upgrades and growing Layer-2 adoption. L2 tokens like ARB, OP, and MANTA are seeing mild rebounds after weeks of pressure. One standout performer this week is Solana (SOL), which climbed above $190, extending its remarkable recovery. The ecosystem’s strong DeFi and meme-coin activity continue to attract new liquidity. On the flip side, meme coins are facing mixed momentum — while DOGE remains range-bound, PEPE and BONK saw fresh inflows, hinting at a potential retail rotation. Key Themes to Watch BTC ETF Flows: Net inflows continue to show institutional confidence — watch for U.S. CPI data later this week for potential volatility. Altcoin Rotation: Traders are slowly rotating profits from BTC into Layer-1 and Layer-2 ecosystems. Market Sentiment: Fear & Greed Index remains in “Greed” territory — a sign the market might be due for short-term correction. Emerging Narratives: AI-related and gaming tokens (like FET, RNDR, IMX) are gaining early traction again. Short-term volatility is likely as traders react to macro data, but the medium-term outlook stays bullish. Accumulation during dips, especially on strong fundamentals, still seems to be the preferred strategy among smart money. For builders and long-term believers, this phase of consolidation is an opportunity — not a setback.

After a prolonged downturn, the crypto market finally showed signs of life. Last week saw both NFTs and memecoins begin to recover — the two most volatile and emotion-driven segments of the industry. NFT market Total market cap rose from $3.5 billion to $3.9 billion (+12%) Growth leaders — CryptoPunks (+22.8%), Mutant Ape Yacht Club (+36.5%), Milady Maker (+80%) Leading blockchains — BNB Chain (+53%), Polygon (+9.3%), Flow (+43%) BAYC and Pudgy Penguins continue to decline — interest in the “old guard” is waning Memecoins Total market cap increased from $47 billion to $52 billion (+11%) Dogecoin +8.7%, Shiba Inu +10.4%, Pepe +7% Solana stars — Bonk (+11.8%) and Dogwifhat (+14.2%) Unexpected leader — Trump Token, up 14% for the week Despite the partial recovery, the market remains selective: the rise affected only some collections and hot meme-assets. Investors are returning to risk, but liquidity is still limited. If the memecoin interest wave continues, the NFT sector may once again become a catalyst for the next growth cycle.

When liquidity rotates, it rarely announces itself. You see it in subtle shifts how $BONK holds crowd focus even in quieter market stretches. It’s less about hype and more about how participants lean into familiar volatility when searching for momentum. On the other end $JELLYJELLY trades like something still forming its identity. Early markets are usually more about structure than direction who controls the bid, who’s patient on the sell side, where traders anchor fair value. With Bitget Onchain Challenge Phase 26 running, flows have become a bit more observant, more methodical. Sometimes the interesting signal isn’t in the move it’s in the way the market pauses before it. #BONK #JELLYJELLY #MarketWatch $BONK $JELLYJELLY