【Crypto World】BONK’s recent trend has been quite ugly—continuously hitting new lows, with any rebound looking weak and powerless. It is constantly being suppressed at the level of $0.000001025, and clearly, the bears have the upper hand. Technical signals are also not very optimistic; the MACD has already fallen below the zero line, and the price has dropped below major moving averages, all reinforcing the downward momentum. Interestingly, trading volume and open interest are shrinking simultaneously, indicating that there is no new capital flowing into the market—instead, there is risk aversion. Traders’ cautious attitude mainly reflects the current market sentiment—observing rather than optimistic.
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MidnightTrader
· 12-17 10:20
Bonk is really suffering this time, it feels like it's about to break bottom.
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The trading volume shrinking is ridiculous, everyone is fleeing.
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Why haven't you all bought the dip after MACD crossed below zero?
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This crappy coin will be useless if it keeps going like this, I dare not touch it.
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Profiting from shorting feels great, the bears are drinking champagne.
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It's better to stay on the sidelines; entering now is just giving away money.
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All moving averages are distorted, still thinking of a rebound? Dream on.
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The trading volume is so small, it shows no one is optimistic.
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Why does it feel like there's no bottom? How much lower can it go?
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SchrodingerPrivateKey
· 12-16 17:58
Bonk hits a new low again, this time I really can't hold on anymore...
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Still waiting for a rebound? I think the rebound is weak, and it's all being suppressed.
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The shrinking trading volume is the most uncomfortable, indicating no one dares to buy the dip, everyone is watching.
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The MACD crossing the zero line... it's a bit heartbreaking, the technical outlook really doesn't look promising.
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The short side is so aggressive, new funds are scared away, who dares to take over?
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Honestly, this position looks very uncomfortable, but I still want to wait and see.
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All moving averages broken, it feels like it will continue to fall... unless big funds come to rescue.
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The 0.000001025 level is a ceiling, buying in at this point just gets you trapped.
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Market sentiment is extremely poor, there are far more watchers than bulls.
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GigaBrainAnon
· 12-16 15:30
bonk this wave really can't be pushed up, it's just uncomfortable to watch
The bears are firmly suppressing, there's no way to turn things around
The trading volume is drying up, indicating everyone is scared, no one dares to buy the dip
I thought there would be a rebound, but it continued to hit new lows, it's hilarious
The technical indicators are all red, this momentum is a bit fierce
Everyone is waiting, no one dares to act, the market sentiment has already collapsed
View OriginalReply0
Deconstructionist
· 12-14 11:24
Did it fall below again? BONK might really be unwanted this time
Trading volume is gone, funds have all fled, this is the most heartbreaking
MACD breaking the zero axis has become routine, I'm a bit numb
Compared to these short sellers, the bears really understand this market
Wait... Is this cautiousness truly cautious or does no one believe in it anymore?
A rebound is pointless, every time it ends ineffectively
Honestly, is there anyone buying at the price of 0.000001? How are they buying?
View OriginalReply0
ForkThisDAO
· 12-14 11:24
BONK's trend is amazing... the short sellers are completely in control, and the rebound is weak
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It's another situation where both volume and price are falling together. Entering the market now is just like giving away money
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Wait, isn't shrinking trading volume a good sign? Does it mean the bottom is coming? Or am I overthinking...
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The entire market is on the sidelines, who dares to step in? The risk is just too high
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MACD crossing below zero... Is there no support below?
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I'm really feeling hopeless. Every time I try to catch the bottom, it hits a new low. What kind of situation is this?
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It feels like the crypto world is like this now, no one dares to act, everyone is waiting to see who will cut losses first
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not_your_keys
· 12-14 11:13
Is bonk about to completely fade out? Trading volume is gone, and that's the most frightening part...
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Web3Educator
· 12-14 11:10
bonk's literally just getting massacred rn... that MACD cross below zero? classic bear signal, ngl. but here's what my students always miss—when volume dries up like this, it's actually setting up for something. could go either way tbh
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TxFailed
· 12-14 11:07
nah, BONK's basically screaming "just leave me alone" at this point. MACD through the floor, volume drying up... technically speaking, this is just classic capitulation setup. learned this the hard way with three other dead alts lmao
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PonziWhisperer
· 12-14 11:03
Bonk's recent drop has truly hit rock bottom; no one dares to buy the dip.
BONK continues to break new lows, with technical indicators showing continued weakness, and shrinking trading volume reflecting market caution.
【Crypto World】BONK’s recent trend has been quite ugly—continuously hitting new lows, with any rebound looking weak and powerless. It is constantly being suppressed at the level of $0.000001025, and clearly, the bears have the upper hand. Technical signals are also not very optimistic; the MACD has already fallen below the zero line, and the price has dropped below major moving averages, all reinforcing the downward momentum. Interestingly, trading volume and open interest are shrinking simultaneously, indicating that there is no new capital flowing into the market—instead, there is risk aversion. Traders’ cautious attitude mainly reflects the current market sentiment—observing rather than optimistic.