BONK is gaining traction in the altcoin sphere and showing resilience, mirroring the struggling market conditions. The BONK price over the last 24 hours is showing stability, and over the last 24 hours it is down by 12.67%.
At the time of writing, BONK is trading at $0.00002064 with a 24-hour trading volume of $247.8 million, down by 15.69% over the last 24 hours. The token has a market capitalization of $1.67 billion, which is stable.
Source: CoinMarketCap
The general trend in the crypto market is turning to the positive side, with the investor confidence in the crypto sector. The BTC is also struggling to maintain momentum, urging the overall market, including altcoins like BONK.
The crypto analyst, Hailey LUNC, highlighted that BONK, Solana’s meme-fueled token, is flashing strong technical signals that hint at a possible bullish reversal. The chart has completed a harmonic Bat pattern alongside an ABC correction, both suggesting the end of a recent downtrend. A successful retest of the trendline adds further weight to this setup.
Source: X
On the 4H chart, a break of structure reaffirms initial changes of momentum, and bullish divergence is developing. That grey square highlights the possible buy or accumulation zone, and the targets of Fibonacci extension are roughly at 0.000027 (1.272) and 0.000030 (1.618). If sentiment goes bullish, BONK could be gearing up for the next rally.
Also Read: BONK Price Analysis: Bullish Breakout Targets $0.00003200 Upside
According to the data from CMC, Sentiment of the community points firmly to a bullish direction, with a whopping 85% of individuals expecting increasing market action. Out of the combined total of 630.4K votes, this works out as a clear majority of optimistic views. Such optimism shows a majority of participants see growth and rising prices.
Source: CMC
Conversely, 15% of voters are bearish with anticipations of bearish trends. Although a lesser segment, this group reflects caution and concern about possible declines. Their position reveals that not all participants share the same confidence in the direction of the market.
The data from CryptoRank shows that for July of 2025, the graph indicates a very good gain of +79.6%, reflecting a significant upward shift from past months. Such a surge presents a marked growth phase. Undoubtedly, investors viewed this as a highly positive trend.
Source: CryptoRank
In August, the figure goes negative to -14.7 as an indication of a quick pullback. By September the downtrend extends a little further to -7.09%, which is a lesser magnitude compared to August. Stabilization of the market seems to be coming following the quick decline.
Also Read: Bonk Gains Momentum With New Partnership and Airdrop Buzz
Also read: DOGE Price Prediction: Dogecoin Whales Accumulation Signals Trend Reversal
