The price of $BONK has fallen for four consecutive days and is currently testing the critical support level of the triangular flag, at approximately $0.00001883. Historically, this support level has been a key point for determining price trends. If the support holds, a price rebound is expected; otherwise, an additional fall could occur. On-chain data indicates that the funding rate in the derivatives market remains between 0% and 1%, reflecting cautious sentiment from investors without significant accumulation of long positions.
View Original