BONK performed quite impressively over the past day, with the price soaring nearly 40%. This rally mainly results from the combination of two factors: first, the meme coin sector has recently regained popularity, with liquidity significantly increasing; second, BONK's fundamentals have seen new developments.
From a strategic perspective, BONK recently partnered with World Liberty Financial, preparing to launch USD1 on Solana, and also received approval from a Swiss pension fund to enter the market. These are strong positive signals, indicating that institutional investors are starting to take this project seriously.
On the technical side, the picture is even clearer. The EMA alignment is fully bullish, the MACD histogram is expanding, and trading volume is increasing. In the short term, all these indicators tell the same story: someone is pushing this coin.
However, there are also obvious issues. The RSI has surged above 90 across all timeframes, which is a typical overbought signal. The price has already moved up to the upper Bollinger Band, with ATR and standard deviation rising, indicating increasing volatility. From a longer-term perspective, BONK is still within the large downtrend structure that has been in place since mid-2025. While the current rally looks exciting, it may just be a rebound. There are many strong resistance levels above, and once this rebound encounters resistance, a pullback is quite likely.
Overall, BONK's recent surge has definitely caught attention, supported by fundamentals, but the overbought condition on the technicals cannot be ignored. In the short term, watch for potential price corrections, and in the medium term, see if it can truly break through the resistance levels overhead.
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faded_wojak.eth
· 01-07 16:17
A 40% increase is indeed impressive, but the RSI is already over 90... This wave is really just a rebound, right?
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Institutional entry looks good, but with so many resistances above, if it can't break through, it will have to retest.
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Can bonk hold this time? The key is whether it can break through the cluster of resistances overhead.
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Another correction warning after a crazy wave; rising volatility is really not a good sign.
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Positive news stacked but overbought clearly, short-term caution for correction is needed.
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Looks exciting but it might just be a rebound; the long-term trend is still in a downtrend structure.
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Fundamentals are solid, but the technicals are too overbought; this pace is a bit dangerous.
View OriginalReply0
Anon32942
· 01-07 16:15
A 40% increase is satisfying, but the RSI is already over 90, which is ridiculous. It feels like a crash is coming.
Institutional entry is a good thing, but in the short term, this wave is clearly going to retrace. Don't get caught off guard.
Honestly, while the positive news is good, the technical indicators are so overbought that I dare not chase the high. Let's wait and see if it can drop a bit more.
Hearing that USD1 is coming online sounds appealing, but I'm worried it's just another scheme to cut the leeks. Anyway, I'm still on the sidelines.
This rebound feels like a trap. The Bollinger Bands are at the top, yet it still dares to surge. Be careful of liquidation.
Old Ren Ci is being too kind; it should just crash. With such obvious overbought signals, why are people still chasing? I really don't understand.
For retail investors, the entry points should wait for bottom signals. Most of those entering now are probably going to be the ones to take the loss. The era of quietly making big profits is over.
Institutional entry sounds impressive, but the technical flaws are everywhere. I don't think this wave will go far.
View OriginalReply0
SybilAttackVictim
· 01-06 21:41
Oh my, RSI is already over 90, and you're still daring to chase? Isn't this just asking to be cut?
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A 40% increase looks satisfying, but such obvious overbought signals really make me a bit nervous.
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Swiss pension funds are coming in? Then I need to be even more careful; institutions are definitely trapping people.
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The upper Bollinger Band is almost touching, feeling like a squeeze could happen at any moment.
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Rebound is a rebound, but in the medium term, we're still in a major downtrend structure. Don't chase this wave out of fear.
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I just want to ask, can this break through resistance this time, or is it another game to trap retail investors?
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EMA looks bullish, so what? RSI is so high that a correction is inevitable. Let's wait and see.
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World Liberty cooperation sounds impressive, but with such overbought technicals, it really can't hold up.
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Volatility is increasing, it's too exciting. I'm choosing to stay on the sidelines.
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Fundamentals are strong and positive, but technicals are overbought... Isn't this a classic trap to lure in buyers?
View OriginalReply0
LightningSentry
· 01-06 21:13
RSI over 90+ still chasing? This is the self-cultivation of retail investors.
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Institutional entry is indeed attractive, but we’ve seen plenty of plays where the rebound is followed by a dump.
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A 40% increase clearly signals an attempt to offload, I choose to stay on the sidelines.
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USD1 hitting the market is definitely a strong positive, but the technical setup has some deep pitfalls.
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You dare to buy in when overbought to this extent? Your courage is extraordinary.
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I need to clarify the cooperation with World Liberty; don’t let it be another empty promise.
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Those who push coins are also those who receive the dumps; the question is, are you pushing or being pushed?
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Meme coins are like this: they’re exciting when they rise, but painful when they fall.
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The involvement of Swiss pension funds is still somewhat interesting.
View OriginalReply0
AirdropHunter
· 01-04 16:54
40% Direct surge, not afraid of RSI overbought? This wave is a bit risky.
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Institutional entry is indeed strong, but still daring to chase with such obvious overbought conditions?
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USD1 + pension fund support sounds great, but I’m worried it’s just a rebound.
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Short-term feels good, but what about the long term? With so many resistances above, I’ll stay on the sidelines.
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Is BONK different this time, or is it another wave of cutting leeks?
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RSI 90+, are you really not afraid of crashing? Feeling a bit hesitant.
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The increase is attractive, but those resistance levels make me nervous.
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Meme coin track is hot, but can BONK break through the ceiling? Hard to say.
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Institutions are interested? Then I need to be cautious.
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With such high volatility, it’s better not to touch it in the short term.
View OriginalReply0
LongTermDreamer
· 01-04 16:53
Haha, 40% directly taking off, this is what I call the three-year cycle theory. Meme coins are all about waiting for moments like this.
Institutions are entering, USD1 is on the way, these are solid things, not just air. Even Swiss pension funds dare to invest, which shows that the authorities are starting to recognize it. I am optimistic about this direction.
Overbought? Uh, it's a bit tight indeed. I've seen RSI explode many times, but thinking back to 2021, some coins just shot up from overbought levels straight to the sky. The key is whether it can break through the resistance overhead.
There might be some pullback in the short term, which is normal. I suggest dollar-cost averaging in parts, don’t go all-in at once. Looking at the past three years, if BONK can hold on, this position is really nothing to worry about.
How to say it, it’s a bit tantalizing.
View OriginalReply0
DiamondHands
· 01-04 16:53
BONK's 40% surge this time is honestly a bit crazy, but I really have no confidence given the RSI is overbought...
Institutional entry looks good, but this rebound feels like it's going to crash at any moment...
It's both fundamentally positive and technically overbought, I’ve truly seen this contradiction before.
Wait, did the Swiss pension fund really come in? Or is it just another tactic?
If I don’t get cut at the top this time, I’ll consider myself unlucky...
Basically, someone is dumping, and retail investors are just taking the bait.
Short-term profit, mid-term waiting to be trapped, old routine.
The overbought signal is so obvious, yet some people are still chasing in, I’m really stunned.
How long can USD1 and the fund license hold up? That’s the real question.
Once it breaks support and directly retests, I’ll choose to wait and see...
The upper Bollinger Band has already touched, isn’t it time to make a move?
View OriginalReply0
MEVHunter
· 01-04 16:40
RSI爆90还敢追?mempool里已经堆满三明治了,这就是个经典的pump诱饵,等着散户去接盘呢
Institutions entering the market are a smokescreen; the real arbitrage opportunities are in the layer of flash loans. The biggest volatility occurs on the day USD1 is launched, and that will be the best time to strike.
Watching the price increase is satisfying, but I am already monitoring the gas war rhythm. The rebound peak is just a matter of minutes.
The technical analysis seems perfect? But it's just the usual manipulation by the whales. The key still depends on on-chain data—who is making large transfers.
BONK performed quite impressively over the past day, with the price soaring nearly 40%. This rally mainly results from the combination of two factors: first, the meme coin sector has recently regained popularity, with liquidity significantly increasing; second, BONK's fundamentals have seen new developments.
From a strategic perspective, BONK recently partnered with World Liberty Financial, preparing to launch USD1 on Solana, and also received approval from a Swiss pension fund to enter the market. These are strong positive signals, indicating that institutional investors are starting to take this project seriously.
On the technical side, the picture is even clearer. The EMA alignment is fully bullish, the MACD histogram is expanding, and trading volume is increasing. In the short term, all these indicators tell the same story: someone is pushing this coin.
However, there are also obvious issues. The RSI has surged above 90 across all timeframes, which is a typical overbought signal. The price has already moved up to the upper Bollinger Band, with ATR and standard deviation rising, indicating increasing volatility. From a longer-term perspective, BONK is still within the large downtrend structure that has been in place since mid-2025. While the current rally looks exciting, it may just be a rebound. There are many strong resistance levels above, and once this rebound encounters resistance, a pullback is quite likely.
Overall, BONK's recent surge has definitely caught attention, supported by fundamentals, but the overbought condition on the technicals cannot be ignored. In the short term, watch for potential price corrections, and in the medium term, see if it can truly break through the resistance levels overhead.