This week's Crypto Assets focus: BONK, APT, and PI are in a consolidation phase, and The Federal Reserve (FED) minutes along with Trump's tariffs are becoming catalysts.

This week, the key catalysts for Crypto Assets will be the upcoming release of the Federal Reserve (FED) meeting minutes and the tariff deadline set by US President Trump on July 9. Bonk (BONK), Aptos (APT), and Pi Network (PI) are the focal points for Crypto Assets this week, as people follow the trading changes during their consolidation phase.

BONK

According to Cryptonews analysis, as the largest meme coin on Solana (SOL), BONK will continue to rise this week and become the focus. BONK has risen for five consecutive days and is currently hovering at its highest level since May 23.

BONK has broken through the 23.6% Fibonacci retracement level of 0.00002095 USD, approaching the key resistance level of 0.000025 USD, which is the highest volatility since May 12.

BONK has also broken through the 50-day and 100-day moving averages, indicating that the bulls are in control. Additionally, both the Relative Strength Index and MACD indicators show an upward trend.

Therefore, the price of BONK may continue to rise, the next point to follow is the 50% retracement level of 0.00003453 USD.

(Source: Trading View)

APT

APT is a top-tier Layer 1 (L1) network that will be in the spotlight this week as it unlocks tokens worth $50 million. Crypto Assets typically drop after their token unlocks, as this usually increases the number of tokens in circulation.

The APT price has been in a downward trend this year, falling from a high of $15.28 in November to the current $4.48. The coin has formed a descending channel and has dropped below the 50-day and 100-day exponential moving averages.

The MACD has moved below the zero line, and the Relative Strength Index has dropped below the neutral point of 50. Therefore, the price of APT may continue to decline this week, with the key level being the low point of $3.82 so far this year.

(Source: Trading View)

PI

PI will be in the spotlight this week as it hovers around a key support level, which may trigger a rebound. The token fell to a low of $0.46 on July 6, a critical price point as it has been the lowest level since April and June.

The sharp drop coincided with the contraction of the Bollinger Bands, and the price difference between the three lines has narrowed. Therefore, as long as the token can maintain the support level of $0.46, a rebound may be possible this week. After the rebound, it may retest the important resistance level of $1.

(Source: Trading View)