Cryptocurrency enthusiasts experienced a relatively calm weekend as Bitcoin (BTC) 
$108,850 stabilized around $94,200. Meanwhile, altcoins began to gradually relinquish recent gains, with SHIB dropping by 5%. The ongoing failure of BTC to surpass the $95,000 mark has raised concerns among those eagerly awaiting a significant market shift.
BONK Coin Commentary
Renowned crypto analyst Altcoin Sherpa featured BONK Coin in his latest assessment. Highly sensitive to fluctuations in Solana 
$176‘s price, BONK Coin gained attention when SOL surpassed $150, exciting its community. In his shared graph, Sherpa highlighted a critical zone and expressed his thoughts:
“I’m excited to buy the $BONK dip… please go down a bit more.
(I already have a basket, but I want more)”
If it drops to the $0.000163 region, demand here could help maintain this key support level. For further declines, the levels to watch are $0.0000149 and $0.0000135. The current resistance levels are set at $0.0000181 and $0.0000210.
Bitcoin and Cryptocurrencies
While volumes remain subdued, BTC’s price shows relative strength. Ali Martinez’s recent forecast suggests that maintaining above $93,145 is crucial for potential future peaks.
“According to the Short-Term Holder Cost Basis, #Bitcoin (BTC) must stay above $93,145 to maintain momentum toward a potential new all-time high of $131,800. A downturn could open the door for a correction down to $71,150.”
DaanCrypto remains optimistic, sharing that as long as lower levels (around $89-90K) are upheld, the momentum will persist.
“As long as BTC trades above $89K-90K, the situation remains bullish.
At some point, we will have a flush, which will then create a higher low. No one can predict when or where that will happen. I’m focused on market structure and the higher timeframe outlook. This is the easiest way to move forward.”
Although investors may find current levels unsatisfactory, they often forget that just two years ago, these price points seemed unattainable. This reflects the psychology of bull markets, where the only missing element in the current cycle is the actual Bitcoin peak and a parabolic rise for altcoins in the coming months.
