This week's Crypto Assets to follow: Bonk, Aptos, Pi Network

The crypto assets market has experienced a slight rise, but it is still in a sideways consolidation phase overall, with the Bitcoin price slightly below its historical high. The key catalysts driving market trends this week will be the upcoming The Federal Reserve (FED) meeting minutes and the deadline for Trump's tariff policy (July 9). Notable potential crypto assets to follow this week include Bonk (BONK), Aptos (APT), and Pi Network (PI).

BONK (BONK): Will the leading Meme coin in the Solana ecosystem continue to rise?

As the largest Meme coin in the Solana ecosystem, the continuous rise of Bonk has made it the focus of this week. Its price has risen for five consecutive days and is currently at the highest level since May 23.

• Key Breakthrough: The price has risen above the 23.6% Fibonacci retracement level ($0.00002095) and is approaching the key resistance level of $0.000025 formed on May 12.
• Technical indicators bullish: The price has successfully broken through the 50-day and 100-day moving averages, indicating that the bulls are in control. The Relative Strength Index (RSI) and MACD indicator are also showing an upward trend.
• Market Outlook: Bonk price is expected to continue to pump, the next important target level to follow is the 50% Fibonacci retracement level $0.00003453.

Aptos (APT): Concerns of a Drop Triggered by Massive Token Unlocking?

This week, top Layer1 public chain Aptos will have a $50 million token unlock. Due to the fact that token unlocks usually increase the circulating supply, crypto assets often face selling pressure after the unlock.

• Continued Downward Trend: APT price has continued to decline this year, dropping from last November's high of $15.28 to the current $4.48 range. The price is operating within a downward channel and has broken below the 50-day and 100-day exponential moving averages (EMA).
• Technical Indicators Weak: MACD indicator has crossed below the zero axis, and RSI has also fallen below the 50 neutral line.
• Market Risk: Aptos price is likely to continue to decline this week, with key support level focusing on the yearly low $3.82.

Pi Network (PI): Can the key support level trigger an oversold rebound?

Pi Network is also worth following this week, as its price is hovering near a key support level, which may trigger a oversold rebound行情. The token plummeted to a $0.46 low on July 6, which is a previous low point from April and June, forming an important support area.

• Technical signals indicate: This sharp decline coincides with a significant narrowing of the Bollinger Bands ( (the three bands are converging). This pattern often signals that price fluctuations are about to intensify.
• Bounce Opportunity: As long as the price can hold above the support level of $0.46, then the possibility of a rebound this week is high. If the rebound is established, the first important target will be resistance level $1.00.