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The cryptocurrency market has witnessed a notable surge, particularly following the recent fourth halving of Bitcoin, which saw its price exceed $66,000. This event has significantly influenced the market dynamics for various cryptocurrencies, especially meme coins like Bonk (BONK) and Pepe (PEPE). With the overall cryptocurrency market volume reaching $2.46 trillion, meme coins have experienced a growth of 0.21% in their market value over the last 24 hours, totaling $56.3 billion.

加密貨幣市場出現了顯著的飆升，特別是在比特幣最近第四次減半後，其價格超過了 66,000 美元。這一事件對各種加密貨幣的市場動態產生了重大影響，尤其是像 Bonk (BONK) 和 Pepe (PEPE) 這樣的迷因幣。隨著加密貨幣整體市場規模達到2.46兆美元，meme幣的市值在過去24小時內成長了0.21%，總計563億美元。

Movements in Meme Coin Prices

Meme 幣價格變動

The recent price actions of BONK and PEPE have been quite volatile due to increased trading activities. Small-scale liquidations have occurred, with Bonk seeing a loss of $650,000 and Pepe with a more significant $2.3 million. Additionally, the Solana and Base networks experienced heightened activity over the weekend which, coupled with Bitcoin’s strong movements, contributed to overall price increases in the cryptocurrency market.

由於交易活動增加，近期 BONK 和 PEPE 的價格走勢相當波動。小規模的清算已經發生，Bonk 損失 65 萬美元，Pepe 損失更嚴重，達到 230 萬美元。此外，Solana 和 Base 網路在周末的活動加劇，再加上比特幣的強勁走勢，導致加密貨幣市場的整體價格上漲。

Specific Price Trends of BONK and PEPE

BONK和PEPE具體價格走勢

Recently, BONK rebounded from a support level of $0.000014 and is now targeting a resistance near $0.000025. However, there’s a potential downside if the support between $0.000014 and $0.000012 fails, possibly triggering a decline towards $0.00001. On the other hand, PEPE has shown promising growth, rising from a critical support point and aiming for new highs potentially reaching $0.000015 if the current momentum sustains.

最近，BONK 從 0.000014 美元的支撐位反彈，目前目標為 0.000025 美元附近的阻力位。然而，如果 0.000014 美元至 0.000012 美元之間的支撐位失敗，則存在潛在的下行風險，可能引發跌向 0.00001 美元的跌勢。另一方面，PEPE 表現出有希望的成長，從關鍵支撐點上漲，如果當前勢頭持續下去，目標可能達到 0.000015 美元的新高。

Considered Points

考慮要點

• BONK and PEPE are exhibiting increased volatility which could offer trading opportunities.
• Support and resistance levels are crucial for predicting potential price movements.
• Recent trends indicate a bullish outlook for meme coins in the short term.

Overall, the cryptocurrency market, particularly meme coins, continues to attract attention with their volatile but potentially lucrative trading opportunities. Investors and traders looking to engage with these assets should closely monitor market signals and maintain awareness of significant support and resistance thresholds.

BONK 和PEPE 的波動性增加，可能提供交易機會。幣，仍在繼續透過其不穩定但潛在利潤豐厚的交易機會來吸引註意力。希望參與這些資產的投資者和交易者應密切注意市場訊號，並保持對重要支撐和阻力門檻的認識。

The post first appeared on BH NEWS: Recent Surge in Cryptocurrency Market and Impact on Meme Coins

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