BONK jumps 20% in a day – Can buyers defend THIS zone?
The post BONK jumps 20% in a day – Can buyers defend THIS zone? appeared on BitcoinEthereumNews.com.
After a strong third quarter in 2025, BONK memecoin reversed sharply and sold off through the fourth quarter. The memecoin traded inside a descending channel from September to December, bottoming near $0.0000074. As 2026 began, momentum shifted. BONK staged a sharp rebound alongside a broader altcoin recovery. The token rallied from $0.000007 to a high of $0.00001137 before pulling back slightly. At press time, Bonk [BONK] traded at $0.00001125, up 20.36% on the daily chart. The move came with a sharp expansion in activity. Trading volume rose 39% while market capitalization climbed nearly 20%, pointing to fresh capital inflows. Buyers stepped in and defended THESE levels That upside followed clear Spot accumulation. After BONK swept the $0.000007 low, buyers stepped in aggressively. According to Coinalyze data, Spot buyers took control on the 1st of January, displacing sellers. Aggregated Buy Volume reached 7.25 trillion BONK, compared with 6.3 trillion in Sell Volume. Source: Coinalyze That imbalance produced a positive Buy Sell Delta of roughly 950 billion BONK, highlighting strong demand absorption. Such conditions often support upside continuation when sell pressure gets absorbed quickly. Profit takers capitalize on BONK’s market recovery Interestingly, after BONK jumped to a high of $0.000011 at press time, exchange activities showed a drastic shift in investor behaviour from the previous day. On the 3rd of January, for example, Spot Nerflow dropped to -$1.27 million, signalling Spot accumulation and a clear breakup from previous market behaviour. Source: CoinGlass This trend shifted once again, as the market continued to rise. At press time, the memecoin’s Netflow was $2.54 million, indicating higher exchange deposits. In fact, Bonk exchange Inflows surpassed $30 million compared to $28 million in Outflows according to CoinGlass data. These market conditions indicate that holders and traders have significantly increased spending, which could threaten recent gains under…
Filed under: News - @ January 4, 2026 4:18 pm